By Mike S Payton, Contributing Reporter
DELRAY BEACH, FLORIDA – On Thursday, December 10th, the Community Redevelopment Agency (CRA) of Delray Beach will meet and among other items review new plans for the project on the SW 600 – 800 blocks of West Atlantic Avenue, named ‘Fabrick’ by real estate firm BH3 Management LLC.
BH3 Management, LLC. was awarded the project in 2019 to redevelop six acres on Atlantic Avenue from 6th to 8th Avenue. However since then there have been several amendments to the plans, a disapproval decision, and most recently a workshop to find a way forward.
According to City documents, on November 25, 2020, the CRA received a letter (Request Letter) from BH3 requesting consideration of an amendment to the Agreement and a supplemental clarification memo on December 3, 2020 (Clarification Memo). Based on the correspondence, BH3 is seeking amendments to the project phasing, project composition, and timing.
In a press release from BH3 yesterday, the real estate investment and development firm said they are, “pleased to announce the latest advancements at Fabrick, the multi-block, mixed-use public-private partnership development spanning six acres at 600-800 West Atlantic Ave.”
Daniel Lebensohn, principal and co-founder of BH3 said, “We’re excited to present an improved plan for Fabrick that addresses the community’s needs and feedback, meets the city’s requirements, and incorporates unique elements that will allow the project to move forward throughout any stage of the pandemic over the next several months.”
The updates include the securing of a major Florida-headquartered full-service grocer with locations throughout the Southeast U.S. to meet critical demand in the area.
Also a total of 69 residential units, 100 percent of which the developer will offer as workforce and affordable housing to provide attainable rents for the community. in addition the plan calls for open, blue, and green space including a pedestrian street called “Frog Alley” and a waterfront/retention lake as well as 352 parking spaces.
Lebensohn added, “The neighborhood-centric project, especially the full dedication of the residential component to workforce and affordable housing, is part of our firm’s commitment to restore, beautify, and cultivate cultural diversity in Delray Beach.”
BH3 says they will present additional enhancements to Fabrick’s architecture and design with lowered height and decreased density to align with the city’s vision and ensure the heart of the neighborhood is aesthetically preserved and strengthened.
BH3 is a real estate investment and development firm headed by co-founders Daniel Lebensohn and Gregory Freedman between its offices in New York City and South Florida.