The Real Deal Miami

Proposed development could lead to skyscrapers in Boca

The "New Mizner on the Green" tower would rise 30 stories

August 20, 2014 04:30PM

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Downtown Boca Raton

Downtown Boca Raton

Downtown Boca Raton, which has traditionally limited building heights to 100 feet, isn’t known for its skyscrapers. But that could soon change.

A proposed luxury condo project called “New Mizner on the Green” would rise 30 stories, or close to 300 feet, making it by far the tallest structure in downtown Boca. The development would replace 244 town houses at 210 SE Mizner Boulevard.

Developer ELAD National Properties claims that the 500-unit tower would nearly double downtown Boca Raton’s tax base, adding $5 million to tax rolls, according to the Sun-Sentinel.

“Downtown Boca Raton needs high net worth households to attract and sustain luxury retailers and high quality restaurants,” the developer argues in a statement. “The disposable income of the purchasers of units in the New Mizner on the Green will significantly enhance existing retail and restaurant uses in Downtown Boca Raton that have experienced steady declines in business over recent years.”

But the project still has a ways to go before it can kick off construction.

“We are not processing the (project) for review, but we will hold it until the [Community Redevelopment Agency] Board has considered the building height issues,” Assistant City Manager George Brown wrote in a letter to Charles Siemon, the attorney for the project. [Sun-Sentinel] Christopher Cameron

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