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The Revitalization of Delray Beach Thanks to visionaries like the executives behind Florida-based Menin Development, the seaside town is getting major upgrades
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BY K ASEY CAMINITI
or years, Delray Beach had been the little sister of neighboring Palm Beach. But in the last decade, it has been transformed into a glittery cultural hub for both locals and visitors. The invigorated Atlantic Avenue is teeming with a bustling spirit and a beachy-cool energy. The walkable coastal avenue is dotted with restaurants, boutiques and beauty, fitness and wellness-focused businesses. With many hospitality, residential and commercial projects under construction, the luxury space is ready to keep expanding. A number of the most revered outposts along Atlantic Avenue are thanks to Menin Development, the Delray Beach–based, privately owned developer and manager of commercial real estate properties. The company has had its feet firmly planted in luxury hospitality since CEO and founder Craig Menin opened its doors in 1985; today, it is bringing a real estate–focused mindset to the revitalization of Delray Beach. “We have a unique opportunity to create memorable experiences for the city in a variety of ways,” says Menin. “With the innovative food concept and interior of Lionfish, the incredible accessibility and immersion of food, art and culture of Delray Beach Market, the fresh steakhouse twist of Avalon and the
architectural and design-focused boutique hotel concept of The Ray, we are invigorating the city further and creating job growth along the way.” Menin is also keeping longevity front of mind. “Our community is growing with such speed and diversity,” says Menin. “We are seeing tenant and employment interest from New York, New Jersey, Connecticut, California and Nevada—even Europe and South America.” Along with the restaurants and hotels, Menin plans to develop The Linton, a five-story, 277-unit apartment building that will feature a swimming pool and spa, cabanas, clubhouse and gym. “Delray Beach is going through a development renaissance,” he says. “That said, we want to retain the character of our beach town that attracted us to live, work and develop here. Being thoughtful in the tenants we take on as well as the projects we develop ourselves is key so that we have long-term sustainability and Delray Beach doesn’t turn into just a nightlife hotspot.” Jordana Jarjura, Menin Development’s president, also believes in focusing on the long-term success of Delray Beach, from hospitality to real estate ventures. “What excites me most is the real estate market,” she explains. “People have been coming to downtown Delray to dine and go out for the past couple of decades. What has been occurring the past five to 10 years—and certainly
Atlantic Avenue
