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 Boca Raton Advisory Committee, a member of the planning board and a development lawyer.
He cited a study released last week that showed Boca is one of the 11th-most desirable cities to live in the country, just on the heels of being rated one of the best places to live in the state in September.
“Boca is getting great press for quality of life and new redevelopment,” Gromann said. “This spurs even lower taxes and further sustains city amenities.”