Boca Raton, FL
Central Boca is in for a treat! With so much new construction in East Boca, Central Boca is about to make a splash on the social scene with its upcoming Restaurant Row. So what will this new dining hot spot look like? Well, so far two well-known eateries have signed on — Pubbelly Sushi, a Japanese and Latin-inspired restaurant with three Miami locations and El Camino, a Mexican eatery with outposts in Fort Lauderdale and Delray Beach and soon-to-be West Palm — will be opening in the coveted spot.
PEBB Enterprises, an entrepreneurial, full-service private equity real estate investment company, recently announced plans to develop Restaurant Row, a project with five restaurant locations next to Town Center at Boca Raton. PEBB says it acquired the nearly two-acre site in July for $2.35 million. Construction is expected to be completed in the third quarter of next year.
“Restaurant Row is a fantastic opportunity to accommodate the demand from restaurant operators seeking to expand to South Florida, along with established local operators looking to add a new location,” says PEBB Enterprises President and CEO Ian Weiner.
PEBB has a strong presence in Boca Raton. In June, the company acquired a three-story office building on Military Trail for $18.35 million. In July, it purchased an office building within the Park at Broken Sound for $14.52 million. PEBB and joint venture partner Banyan Development also acquired Boca Lake, a mixed-use site with retail and office space.