FCI Residential, the development arm of sugarcane giant Florida Crystals, is proposing an $80 million rental complex that will add two apartments buildings to downtown Boca Raton.
The 350-unit Camino Square would include two eight-story buildings, two parking garages and a public dog park, according to the Palm Beach Post.
The project would be built on the eastern half of a 9-acre site of a now-closed shopping center owned by Kimco Realty Corp. Kimo plans to build a retail project on the western half of the site, according to the Daily Business Review.
FCI’s plans for the project will go before a community board and the city’s planning and zoning board early next year, according to the Palm Beach Post.
Florida Crystals is run by the Fanjul family, which also owns Domino Sugar. Its development arm focuses on multifamily, including a 322-unit apartment building in Kendall, as well as projects in Miramar and Delray Beach. [Palm Beach Post] – Amanda Rabines