JBL Hopes to Convert Deerfield Beach Retail Center into 736 Apartments
JBL is pursuing a plan to redevelop a Deerfield Beach shopping center, converting it into apartments and some retail. The town is considering JBL’s plan to rezone a 13-acre parcel on S. Federal Highway. The S. Florida Business Journal reports the company paid $18.85 million for…
JBL is pursuing a plan to redevelop a Deerfield Beach shopping center, converting it into apartments and some retail. The town is considering JBL’s plan to rezone a 13-acre parcel on S. Federal Highway. The S. Florida Business Journal reports the company paid $18.85 million for…
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Why it matters
This is a routine real estate redevelopment plan involving rezoning and conversion of retail space to apartments, which is typical local market activity with limited broader credit-market impact.
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JBL Hopes to Convert Deerfield Beach Retail Center into 736 Apartments
JBL is pursuing a plan to redevelop a Deerfield Beach shopping center, converting it into apartments and some retail. The town is considering JBL’s plan to rezone a 13-acre parcel on S. Federal Highway. The S. Florida Business Journal reports the company paid $18.85 million for…