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Announcement

Large development coming to Delray Beach!

By
Cashflow In Miami
on
April 11, 2021

6-building 292 unit complex approved. It  will include 73 workforce housing units whose rents will be controlled based on the income of the tenants.

“Aura Delray” will be built on a 12.2-acre site.

The builder, Dallas-based Trinsic Residential Group, also obtained approval to erect four of the six buildings at a height of 55 feet, seven feet higher than what is permitted. The remaining two buildings will be 35 feet tall.

Aura Delray plans call for 22 studios, 134 one-bedroom, 116 two-bedroom and 20 three-bedroom apartments. Two of the taller buildings will be clustered in the center of the property to create a resort-style courtyard. The complex will offer top-of-the line amenities, including a resort-style pool, pool cabanas, a club room, a fitness center and a dog park.  

Rents there for a small, one-bedroom apartment start at $1,592 a month. Trinsic is also building another 322-apartment complex in Boca Raton that it expects to open early next year.    


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