Current construction crews are working on:
MARK AT CITYSCAPE, a 12-story building with 208 rental
apartments at 11 Plaza Real South near intersection of Palmetto Park Road and
Federal Highway – scheduled to be completed in March 2016
VIA MIZNER, also 12-stories with 366 rental apartments, at the
corner of Camino Real and Federal Highway; about 1MM sq ft of building reaching
140’ is planned for the rest of the nearly 7 acres. Designated for open space is about 40% of the
area.
MANDARIN ORIENTAL HOTEL (pictured above to the right) next to
Via Mizner will have 164 rooms and 100 condominiums and retail space will be
built with connecting adjoining towers
PALMETTO PROMENADE, 9-stories with 378 units, from Northeast 3rd
Street and Palmetto Park Road extending east for 900’, it’s façade gives the
appearance of multiple buildings but it is just one structure
THE BOCA LOFTS, 7-stories with 229 rental apartments at 33 SE 8th
Street
TOWER 155, 12-stories with 170 condominiums, in the 100 block of
East Boca Raton Road
HYATT PLACE HOTEL, 12-stories with 200 rooms, at Palmetto Park
Road and Federal Highway, expected to open in the summer of 2016, will include
an 8000 sq ft restaurant, 4000 sq ft of meeting space, and retail space
When Town Center opened, it drew business from downtown Boca
Raton, and downtown businesses suffered.
In 2008, the temporary guidelines adopted allowed 12-story buildings whereas
previously they were limited to 9 or 10 stories. Mention was made of a more varied, more
graceful skyline. The new heights
encouraged developers to do more than build a cheaper, boxier version of a building,
and the new guidelines call for buildings to be farther back from the street
opening a light corridor without a canyon effect.
Better views command higher rents and condominium
prices. Downtown will become more vibrant
after regular work hours with downtown residents heading to restaurants, spas, boutiques and businesses in
the area.
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