The Real Deal Miami

Group P6 submits plans to build another Boca Raton condo project

If approved, the project will add 48 units to downtown Boca Raton
November 03, 2017 03:45PM

From Left: Rendering of 327 Royal Palm with Ignacio Diaz, operating manager of Group P6, and downtown Boca Raton (Credit: Wikimedia Commons)

In its latest proposal to the city of Boca Raton, developer Group P6 wants to add three nine-story towers to the city’s downtown area, according to the Sun Sentinel.

The company’s proposed 48-unit condominium project, called 475 Royal Palm, would sit on a 1.6-acre site on the corner of Palmetto and Southeast Fifth Avenue, across from Silver Palm Park.

The city has not yet to scheduled a date to review the plans for the project, according to the Sun Sentinel.

If approved, the condo project will add to a growing number of high-rises planned in the area, like Penn-Florida Companies’ Via Mizner, which will take up about 2 million square feet in downtown Boca Raton. Once completed, the massive mixed-use project will include a 366-unit luxury apartment building, an 88-unit condo, a 164-key Mandarin Oriental Hotel & Resort and 60,000 square feet of retail.

Group P6 is also developing a nine-story, 25-unit condo building at 327 Royal Palm Boulevard, which is scheduled to be completed in May. [Sun Sentinel]Amanda Rabines