Pebb Capital secured a $173 million construction loan from Monroe Capital and J.P. Morgan for Sundy Village on 7 acres at the corner of Atlantic Avenue and Swinton Avenue, at 22 W. Atlantic Ave., Delray Beach.

The $240 million mixed-use development broke ground early in 2023, with delivery anticipated for summer 2024.

Among the expected tenants are the Barcelona Wine Bar, Vertical Bridge communications, Double Knot restaurant, and chef and restaurateur Michael Schulson’s Schulson Collective.

Joe Freitas and John Criddle of CBRE oversee Sundy Village office leasing with Sara Wolfe of Vertical Real Estate handling the retail leasing.