Group P6 submits plans to build another Boca Raton condo project

If approved, the project will add 48 units to downtown Boca Raton

Miami /
Nov.November 03, 2017 03:45 PM

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


Related Articles

arrow_forward_ios
 Adam Neumann (Getty, Bal Harbour Florida)
Ex-WeWork CEO Adam Neumann inks $44M deal for Bal Harbour properties
Ex-WeWork CEO Adam Neumann inks $44M deal for Bal Harbour properties
Alex Sapir and Giovanni Fasciano with Arte by Antonio Citterio in Surfside (Photos via Arte by Antonio Citterio/PR Newswire)
Miami penthouse sets cryptocurrency sale record: $22.5M
Miami penthouse sets cryptocurrency sale record: $22.5M
(iStock)
South Florida resi construction starts soar in March
South Florida resi construction starts soar in March
Eden Multifamily heads Jay Massirman and Jay Jacobson with Cypress Equity Investments CEO Michael Sorochinsky (rendering courtesy of MSA Architects)
Eden Multifamily, Cypress Equity score $24M construction loan for Tamarac apartments
Eden Multifamily, Cypress Equity score $24M construction loan for Tamarac apartments
(iStock)
Home prices across globe hit records, prompting worries of bubble
Home prices across globe hit records, prompting worries of bubble
Steven and Beth Millner with One Thousand Ocean (Patrick McMullan/Getty, Google Maps)
Private equity honcho pays $5M for Boca Raton condo
Private equity honcho pays $5M for Boca Raton condo
From left: Jim Cohen, Nancy Corey, Nathan Zeder, Alicia Cervera Lamadrid, Phil Gutman and Mike Pappas (iStock)
South Florida’s pandemic-fueled residential market poised for bull run in 2021
South Florida’s pandemic-fueled residential market poised for bull run in 2021
Kathleen DuRoss Ford and 300 North Lake Way (Getty, Google Maps)
Kate Ford’s Palm Beach estate sells for $55M
Kate Ford’s Palm Beach estate sells for $55M
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...