Emerging neighborhoods: Families flock to west Boca Raton and Delray Beach


Emerging neighborhoods: Families flock to west Boca Raton and Delray Beach
Delray Beach, FL
Published Friday, October 5, 2018 10:00 am
by Brian Bandell Senior Reporter, South Florida Business Journal

Pulte is selling villas starting at $375,000, and many empty-nesters have bought, Lapinsky said. Often, these people are still working, but they don’t want a large home anymore because their children are out of the house, he said.

All those wealthy buyers have increased demand for commercial services in the area, but there’s a limited amount of supply, Ezratti said. Most of this unincorporated part of Palm Beach County is in the Agricultural Reserve, traditionally a farming area. When developers build there, they must preserve land elsewhere in the Agricultural Reserve for farming or green space.

The County Commission recently approved the development of 750,000 square feet of commercial development in the reserve, a number that developers are close to reaching with new projects.

Many west Boca Raton residents travel to commercial centers to the east for shopping and dining, so Uptown Boca will bring the community what it’s been missing, said Alex Rosemurgy, CEO of Rosemurgy Properties, which is co-developing the project with Giles Capital, Schmier Property Group and Wheelock Street Capital.

“I’m listening to my friends say, ‘We have nothing in west Boca to accommodate our lifestyle. There are not many options for dinner,’” Rosemurgy said. “They need an organic grocer and sit-down restaurants.”

The Jewish community has also driven the growth of the area, which is home to the large Levis Jewish Community Center and some kosher restaurants, Rosemurgy said. Uptown Boca will include apartments with kosher kitchens, which have separate cooking appliances for meat and dairy, he said.

“You still see more multifamily housing enter the market,” Rosemurgy said.

As for what the future could hold for west Boca/Delray, here are some of the biggest projects proposed in the area:

<< Previous Page

Send this page to a friend

Recent News

Walmart debuts next-day delivery in latest move to combat Amazon

Walmart is rolling out next-day delivery on its most popular items, increasing the stakes in the retail shipping wars.

Senate bill to make internet marketplaces all pay sales taxes passes panel

A Supreme Court ruling has opened the door to more internet sales tax collection.

Menin Development scores $30M construction loan for Delray food hall

Menin Development scored a $29.8 million construction loan for its planned food hall project near downtown Delray Beach.