Resort downsizes its expansion plans — The Boca Raton wants to build an eight-story building that would contain 60 condo units on the resort site, according to a proposal submitted to the city. The project would include an underground parking garage.
The single-building project appears to be a change in plans since last year, when the resort’s owners proposed two eight-story buildings with a total of 80 units and a five-story parking garage.
The latest proposal calls for a 100-foot building, which would exceed the current 85-foot limit. The Boca Raton plans to seek an amendment that would allow the taller structure.
Currently, The Tower, one of the hotels in the resort, is over 130 feet tall.
The Boca Raton is owned by MSD Partners, the investment arm of Dell Technologies founder Michael Dell, and merchant bank BDT & Co. MSD and BDT merged in 2023. MSD Partners bought the resort in 2019 for $875 million from Blackstone.
Camino Square wants 400 more residential units, not retail — The Camino Square project was first proposed as being developed in two phases, one with two eight-story apartment buildings and the second with retail. Now, Kimco Corp., the owner of 9 acres at 171 W. Camino Real, wants to swap out retail for more residential on the site that once was a retail center anchored by a Winn-Dixie grocery store.
The completed first phase on the eastern portion of the site, approved by the City Council in 2019, has 350 apartments and two parking garages. The second phase was slated to have nearly 38,000 square feet of retail. But in an application to the city filed by land use attorney Ele Zachariades with the Miskel Backman law firm in late 2024, Kimco is seeking to build 400 residential units in two eight-story buildings and a parking garage.
The Camino Square project was controversial when first proposed. While residents wanted to see redevelopment of the derelict shopping center where Winn-Dixie closed in 2010, they opposed plans by the developer FCI Residential Corp., an arm of sugar producer Florida Crystals.
Their chief concern was that the project would add traffic to roads in the area.
— Mary Hladky
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