The Ray in Delray Beach to break ground – South Florida Business Journal

Samar Hospitality has broken ground on a mixed-use project in Delray Beach with an Aloft hotel, condos and retail. The 1.7-acre property at 202 to 272 S.E. 5th Ave. is in the emerging South of Atlantic area of the city, where many businesses and residents have set up to be within walking distance of the restaurants and retailers on Atlantic Avenue.

SBI has a plan ready to cash in on India’s shadow bank crisis India’s bad-loan crisis has peaked, says SBI chairman. The banks’ declared bad debts have risen seemingly inexorably over the past two years, reaching $130bn at the end of March, prompting a bn recapitalisation plan for the dominant state-controlled banks and weighing on credit growth.

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A hotel with a "tropical" design, shopping strip on the ground floor and a rooftop bar/garden may sprout up in place of a parking lot in downtown Delray Beach’s arts district.The Grove Beach.

Downtown Delray Beach has become a growing source of pride for the city and its citizens, with millions invested in public and private development over the past 25 years, resulting in a revitalization that inspires people to live, work and play in the urban core every day. Known as Delray Beach’s living room because of its community spirit and central location, people gather to enjoy the.

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