Mainstreet at Boynton

BOYNTON, BEACH, FL—PEBB Enterprises and joint venture partner Banyan Development recently secured a $26.95 million construction loan for the Mainstreet at Boynton project here. Buffalo, N.Y.-based M&T Bank is the lender. The transaction closed on April 22.

Site work is underway at the mixed-use development, which is located at 6405 W. Boynton Beach Blvd. The project is expected to be a major catalyst for the West Boynton area. Popular organic grocer Sprouts is leasing 26,000 square feet to anchor the primary retail component of Mainstreet at Boynton, with Wawa signed on to occupy an outparcel.

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