City residents should soon have a walkable downtown with open spaces and tree-shaded streets as well as their beloved, historic Boynton Beach High School restored to its 1920s glamour days and in use again.
In mid-April, the Boynton Beach City Commission unanimously agreed to work with E2L Real Estate Solutions of Winter Park.
That allows the city manager to craft a public-private partnership with E2L, outlining the first phase of the $250 million deal. It will include deadlines and financing methods to pay for the public and private portions.
The E2L team wants to build apartments, assisted-living units, a hotel and three parking garages.
The first phase also will include “a guaranteed maximum price of the buildings … and possibly start of the rehab work on the old high school,” Colin Groff, an assistant city manager, told commissioners April 17.