The 28-unit Glass House Boca Raton condominium is proposed for 280 E. Palmetto Park Road. Rendering provided
By Mary Hladky
A developer has announced plans to build a nine-story condominium in the heart of downtown Boca Raton at 280 E. Palmetto Park Road.
The 28-unit Glass House Boca Raton is touted by 280 E. Palmetto Park Road LLC as “the first modern glass building” in the downtown. The two-, three- and four-bedroom condos will range from 2,550 to 3,990 square feet and are priced at $2.5 million to $6.9 million.
The developer is moving rapidly. The company submitted its plans to the city on Dec. 20, and they have received only a preliminary review. As of February, no dates had been set for consideration by the Planning and Zoning Board and City Council.
Yet the developer said in a news release that it launched sales in March. Groundbreaking is slated for the first quarter of 2025, with the project expected to be completed in the fall of 2026.
The architect is Garcia Stromberg of West Palm Beach, whose projects in Boca Raton include the Alina Residences and the makeover of The Boca Raton. Douglas Elliman Development Marketing is handling sales.
The condo will replace a former Bank of America private bank building. The developer bought the 0.62-acre site for $9.75 million in May.
A pool, jacuzzi, catering kitchen, fire pit and entertaining space will be located on the roof deck. The first floor will feature a fitness center, sauna and plunge pool, along with a residents-only lounge.
The building will have a doorman and two levels of underground air-conditioned and dehumidified parking.
Glass House is offering residents a limited number of preferred memberships with The Boca Raton, not including golf. A shuttle will take residents to the resort.
280 E. Palmetto Park Road LLC is managed by Brandon Chasen, CEO of Baltimore-based Chasen Companies, and Paul Davis, Chasen’s managing partner and chief investment officer. Adam Gottbetter, of Boca Raton’s Royal Palm Yacht and Country Club neighborhood, heads ASG Development and is the developer’s vice president of finance and development.
Gottbetter pleaded guilty to conspiracy to commit securities and mail fraud in New Jersey in 2014 and was sentenced to 18 months in prison, according to the U.S. Attorney’s Office, District of New Jersey. The U.S. Securities and Exchange Commission charged him with fraud in 2015, and he agreed to pay $4.6 million to settle that case, the SEC said.
Comments