By CRA News Service
As several local malls dodder into old age, gap-toothed with vacancies, the newly opened Delray Marketplace is gearing up to be the premiere dining, entertainment and shopping destination in South Palm Beach County.
Retailers and mall officials are preparing for the March 23 grand opening, which will include family oriented entertainment, kid-friendly activities, strolling entertainment, tenant samplings, and live music in the new 200 guest-amphitheater. Until then, the Marketplace is offering a variety of live weekly entertainment as additional retailers continue to open.
“We’re looking forward to the official grand opening celebration,” said Amy Ferguson, general manager of Delray Marketplace. “The community has been very patient during construction, so we’re excited to be able to show our appreciation and celebrate the long-awaited opening of Delray Marketplace.”
Anchored by a 258,000-square-foot Publix Supermarket, which opened on Jan. 17, and Frank Theatres IMAX CineBowl & Grille, which opened to the public on Feb. xx, the new development is on the corner of West Atlantic Avenue and Lyons Road, just west of Florida’s Turnpike.
“We are very happy and welcome it,” said Robert Schulbaum, president of the Alliance of Delray Residential Associations, which represents about 120,000 residents. “I think it’s going to be a central location for us. We had nothing.”
The Kite Realty Group development will include the nation’s first Polaroid Fotobar, a 2,000-square-foot store with work stations where people can transfer their images, edit them and see how the photos will look on framed canvas, on heavy-strength aluminum, as posters or in other styles.
Other retailers include Chicos, White House | Black Market, JoS. A. Bank, Charming Charlie, Apricot Lane, Burt & Max’s Grille, Republic of Couture (ROC), Xtend Barre, Bella Amici Pizzeria, It’Sugar, Japango, Orange Leaf, Terra Fiamma, The Grind Coffee and The Olive Tap. “Delray Marketplace is one of our premier properties and we’re very pleased with the design, amenities and retail variety the project offers Delray Beach and the surrounding communities,” said Tom McGowan, president and chief operating officer of the Indianapolis- based Kite Realty Group. “The property brings much-needed dining, entertainment and shopping options to the area and we’re excited to officially open the center.”
Kite Realty Group Trust is a full-service, vertically integrated real estate investment company, which acquires, builds, redevelops and develops neighborhood and community shopping centers in selected markets in the United States.
Founded in 1968, the company also owns, operates, manages and leases parking garages, dining and entertainment properties.
As of Dec. 31, 2012, the company owned interests in 60 operating and redevelopment properties totaling approximately 9.3 million square feet and three properties currently under development totaling 0.5 million square feet.