South Florida Real Estate News - Downtown Real Estate

Delray Beach nearing deal for $200 million downtown development

Posted by Brian Pearl on March 22nd, 2017

A deal that would allow the construction of a $200 million mixed-use project downtown on Atlantic Avenue is moving closer after more than a decade of planning and approvals.

Atlantic Crossing, a 9-acre project featuring apartments, offices, restaurants and shops, would be located beside Veterans Park along the Intracoastal Waterway. It’s the city’s largest proposed development in terms of square footage at the moment, said city commissioner Mitch Katz.

“It’s important because it’s prime real estate on Atlantic Avenue that needs to be be developed,” he said. “I just want to see this move forward.”

Signing the agreement would end a lawsuit the developer filed in 2015 over delays, and eliminate the risk of the city paying an estimated $40 million in…

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New design for Mizner 200 in Boca Raton

Posted by Brian Pearl on June 9th, 2016

Mizner 200 - Project Overview

Location: Mizner Boulevard next to Townsend Place Condominiums just north of Camino Real

Number of Units: 340-384

Development Size: Four 9-story condo towers averaging 300 feet in height (proposed)

Price Range: $750 per square foot (blended average); $1,500,000 average price per unit
Developer: Elad National Properties

Mizner 200 latest update 

Last week, Boca Raton received plans for the updated version of Mizner 200, the Elad National Properties condo project that would replace Elad’s Mizner on the Green rental complex across Mizner Boulevard from Royal Palm Place. The change in design is significant and pleasing.  Like the first version, the new plan is for 384 luxury units. Like the first…

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Lang Realty's Brian Pearl and Vini Antonacci List Eight Penthouse Residences at The Mark At Cityscape in Downtown Boca Raton

Posted by Brian Pearl on January 23rd, 2016

When the developers of the exclusive new luxury rental property in Downtown Boca Raton, The Mark at Cityscape, sought a top-producing real estate team to list the eight penthouse lofts, they didn't look further than Brian Pearl and Vincenza Antonacci of Lang Realty.

BOCA RATON, Fla. - Jan. 21, 2016 - PRLog-- The luxuriously appointed two-story residences offer between 780 to over 1700 square feet; with sweeping views of the city's skyline, golf course; ocean, and the famed Boca Resort and Club.  These contemporary units include garage parking, chocolate wood floors, double-height ceilings with transom windows and designer lighting, floor-to-ceiling hurricane impact-resistant windows, multiple balconies, and gorgeous kitchens with white quartz…

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New Listing For Sale in Hamilton Place in Downtown Delray

Posted by Brian Pearl on November 23rd, 2015

Hamilton Place Townhouse in Downtown Delray Beach

Brian Pearl and Vini Antonacci of Lang Realty recently listed and sold 285 SE 6th Avenue Unit E in Delray Beach, Florida.  Rarely available 4 bedroom, 4 bath townhouse with a 2 car garage in Hamilton Place, one of Downtown Delray Beach's most desirable communities! Built in 2005, this tri-level townhouse boasts over 2,000 sq ft under air with high end finishes including hardwood floors, CBS construction, impact glass, French doors, solid core interior doors, and a gourmet kitchen w/ granite countertops, GE Profile stainless steel appliances and solid wood cabinetry. Ground floor has a full bedroom and bathroom, 2-car garage, and large storage closet. The 2nd level is comprised of the kitchen, dining…

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Condos proposed for downtown Delray SofA District

Posted by Brian Pearl on May 11th, 2015

Upscale condos could be headed to Delray Beach's up-and-coming SOFA district — if the city bends some of its downtown development rules. On Tuesday, commissioners will consider approving plans for a 48-unit condo called The Metropolitan, which would include shops, office space and a public plaza. The 5-story building would be built on the northeast corner of Southeast Third Avenue and Southeast First Street in an area marketed by the nickname SOFA, for its location south of the city's bustling Atlantic Avenue. City officials are branding SOFA as the city's newest urban neighborhood. The Metropolitan would join several other developments aimed at attracting young professionals who want to live just off Atlantic and close to the beach.

"I am excited…

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Tower 155 Luxury Condominiums in Downtown Boca Raton

Posted by Brian Pearl on February 12th, 2015

The Downtown Boca Raton new construction craze continues with the latest project being Tower One Fifty Five. This condominium building, by Compson Associates Inc., is a twelve story building to be located on a 1.2 acre site on the 100 block of East Boca Raton Road.  These 1, 2, and 3 bedroom condos will vary in size from 743 to 2,475 square feet, and are predicted to be moderately to luxury priced between $450,000 and $2,000,000, averaging at around 500 per square foot.  There will be four (4) duplex-style 2-story penthouse units with soaring ceilings and expansive terraces offering views of the Atlantic Ocean, Downtown Boca, and the Boca Resort & Club golf course.  In addition, several townhomes will line the exterior on the south side of the building,…

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327 Condominiums in Boca Raton Open For Sales

Posted by Brian Pearl on January 28th, 2015

Sales began today at the opening of the sales center for 327 Royal Palm, the latest addition to Boca Raton's luxury residential market, featuring exquisitely appointed residences that combine contemporary architecture, amenities and location to suit a vibrant lifestyle. The project and sales center are located at 327 East Royal Palm Road, Boca Raton, FL 33432.

Located within walking distance to Boca Raton's best restaurants, shopping and beaches, 327 Royal Palm will feature expansive 3-bedroom plus den residences ranging from 3,177 to 3,500 square feet, designer Italian kitchens with premium Sub-Zero and Wolf appliances, and an access-controlled private elevator entry into each apartment.

Group P6, the project's real estate developer, hired renowned…

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New proposal would add to Boca Raton's downtown skyline

Posted by Brian Pearl on November 9th, 2014

A downtown Boca Raton residential complex that languished for 10 years in the planning stages has been revived -- now with bigger proportions.

Royal Palm Place was approved in 2003 as a 149-unit, downtown apartment complex, part of the mixed-use development on Federal Highway. It received several extensions on its approval until time ran out in March.

But now, one of Boca's biggest landowners, Investments Limited, is bringing Royal Palm Place back to life. And now it's 200 units, instead of 149, and 13 stories high, instead of 10. It will also reach at least 40 feet higher the city's official 100-foot limit.

"The Royal Palm proposal is a sign of the times as there is robust demand for downtown units," said Glenn Gromann, chairman of the Downtown…

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Delray Beach's Old Library Will Be An iPic Theater

Posted by Brian Pearl on September 25th, 2014

Redevelopment of Downtown Core Business District – Fourth & Fifth Avenues Site (formerly known as the Old Library Site)

Location: South of E. Atlantic Avenue, between SE 4th and 5th Avenues
Developer: Delray Beach Holdings, Inc. (iPic Entertainment)

Project Description: After the Delray Beach Public Library relocated to West Atlantic Avenue, its former site on SE 4th Avenue became available for redevelopment. The CRA issued an RFP (Request for Proposals) to solicit development proposals in 2006, but the selected project eventually became a casualty of the nationwide recession and real estate market collapse.

In February 2013, the CRA issued another RFP to redevelop the site. In August, 2013, the CRA Board awarded the RFP to Delray Beach Holdings,…

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Atlantic Crossings Coming Soon to Downtown Delray Beach!

Posted by Brian Pearl on May 19th, 2014

Imagine a vibrant atmosphere where you can live, work, shop, and dine, all in the same building.  This is what Atlantic Crossing will bring to the heart of Delray Beach.  The signature mixed-use development is being designed with Mediterranean, Art Deco, and Contemporary inspiration, mimicking the diversity within Downtown Delray itself.  Atlantic Crossing will be comprised of approximately 83,000 square feet of Class A office space, around 76,000 square feet of retail and restaurant space, and approximately 350 luxury residences, both for sale and for rent.  This new development is essential in Delray Beach's economic growth and will support such for years to come.  Parallel with Delray Beach's vision of a thriving, balanced Downtown area, Atlantic…

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