Plat filed for $325M Atlantic Plaza II

DELRAY BEACH - CDS International Holdings Inc. filed in December for plat approval for Atlantic Plaza II, which is expected to transform two blocks in the city of Delray Beach into a downtown mixed-use destination.

CDS anticipates summer approval for the new plat, which unifies several parcels the company assembled. The 8.5-acre site is at the corner of Atlantic Avenue and Federal Highway, next to the city’s Veteran’s Park along the Intracoastal Waterway.

CDS expects infrastructure work to take approximately 18 months. Development is planned in three phases over the next five to seven years.