The Real Deal Miami

Akoya at Boca West developer starts site preparation

Construction of 120-unit luxury condo project could begin this fall

June 23, 2014 12:00PM

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Akoya at Boca West rendering

Akoya at Boca West rendering

The developer of Akoya at Boca West began site preparatory work on Monday in anticipation of a fall 2014 groundbreaking for the 120-unit luxury condo project.

A group led by longtime developer Richard Siemens is behind Akoya, which would be the first residential construction within the 2,000-acre Boca West Country Club in 20 years. Model kitchens and bathrooms designed by Steven G. are now on display at Akoya’s sales center. Units are being marketed at preconstruction prices ranging from $1.3 million to more than $2.3 million.

The seven-acre Akoya site was heavily targeted by builders before last decade’s housing bust. Siemens is expected to close on the purchase of the land by the end of 2014. Akoya is slated for a fall 2015 completion. — Eric Kalis

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