Retrofit Atlas

Malls · Florida

Town Center at Boca Raton

Imported, unreviewedRedevelopedRetrofit proposedBoca Raton, FL

Proposed mixed-use redevelopment (hotel, housing, retail) on former Sears site; Simon Property Group; county growth and rent data support housing demand but no timeline or zoning details. · summary, model-written

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Town Center at Boca Raton
Exterior view of a shopping center with parked cars and palm trees. · verified by a vision model. Photo: OtherPerson, Public domain, via Wikimedia Commons.

Site profile8 elements · what this site is built with · tap a chip for the evidence

Former anchors
SearsThis site: Sears wikipedia · all sites with this
Finance and pipeline
Retrofit in the pipelineThis site: …proposed newtypes-extraction · all sites with this
Place
3+ other atlas sites within 10 kmThis site: 5 within 10 km computed · all sites with this
County typical rent $2,000+This site: $2,673/mo zillow · all sites with this
Strategy
RedevelopedThis site: …an eight-story hotel, a seven-story, 374-unit residential building, and 140,000 square feet of shops and restaurants record · all sites with this
New use
HotelThis site: …an eight-story hotel, a seven-story, 374-unit residential building, and 140,000 newtypes-extraction · all sites with this
HousingThis site: …an eight-story hotel, a seven-story, 374-unit residential building, and 140,000 square feet of shops and restaurants newtypes-extraction · all sites with this
Retail (continued)This site: …new_use field newtypes-extraction · all sites with this

All elements and lists · Trends

Now

StatusRetrofit proposednewtypes-extraction reported
StrategyRedevelopment, proposedWikipedia no source
New useshotel, housing, retailWikipedia no source
What is there nowan eight-story hotel, a seven-story, 374-unit residential building, and 140,000 square feet of shops and restaurantsnewtypes-extraction reported
DeveloperSimon Property Groupnewtypes-extraction

History and original facts

AnchorsSears
CountyPalm Beach County
Census division5 · South Atlantic
NotesDraft from cbs12.com, model-extracted, unreviewed: The former Sears building and parking lot at Town Center at Boca Raton mall are proposed to be redeveloped into a mixed-use campus with housing, hotel, and retail.

Not yet recorded: acres, GLA, year opened, original developer, retrofit year. Know it? Tell us.

Planning

No zoning change, subsidy or policy tool recorded for this site.

Securitised debt and public filers

Filings (2001 to date) that name “Town Center at Boca Raton” and “Boca Raton” (282 hits, first 100 sampled, 8 other filers such as tenants left out). Common name: these matches are unreliable. No commercial-mortgage trust names this mall in the sample, which does not rule out a securitised loan. Text matches, not a title search. Open the search · all trusts.

KindFilerFilingsDatesForms
Public owner (strong)SIMON PROPERTY GROUP INC /DE/ (SPG, SPG-PJ)822001-02-16 to 2026-05-118-K 72, 10-K 9, 8-K/A 1

As reported by the owner

Property tables from the owner's annual report (Form 10-K, Item 2) on EDGAR, one row per filing year. GLA, occupancy and anchors are the filer's own figures at that year end; “leased” counts signed leases, “occupied” counts open stores; ownership is the filer's share. Matched by name and place, unreviewed; the verbatim table row is in sec_facts.csv.

Year endFilerName in filingGLA sq ftOccupancyYearsShareSales psfAnchors listed
2025Simon Property Group 10-K, 2026-02-25Town Center at Boca Raton Boca Raton, FL
match: exact
1,776,374100.0% occupiedacquired 1998100.0%
Fee
Saks Fifth Avenue, Neiman Marcus, Bloomingdale's, Nordstrom, Macy's, Crate & Barrel, The Container Store, Joseph's Classic Market, Arhaus Furniture
2016Simon Property Group 10-K, 2017-02-24Town Center at Boca Raton Boca Raton, FL
match: exact
1,778,66099.0% occupiedacquired 1998100.0%
Fee
Saks Fifth Avenue, Neiman Marcus, Bloomingdale's, Nordstrom, Macy's, Sears, Crate & Barrel, The Container Store
2009Simon Property Group 10-K, 2010-02-25Town Center at Boca Raton Boca Raton, FL
match: exact
1,753,58598.7% occupiedacquired 1998100.0%
Fee
Saks Fifth Avenue, Neiman Marcus, Bloomingdale's, Nordstrom, Macy's, Sears, Crate & Barrel

Site context

Housing permits, Palm Beach County (FL), 20241,035 units in 5+ unit buildings, 157 in 2–4, 2,897 single-family; 2023: 2,132 in 5+Census BPS
Other atlas sites nearby5 within 10 km, 11 within 25 km: North Park (0.0 km); Sears at Town Center Boca Raton (0.0 km); Boca Mall (0.6 km); Palmetto Park Square (3.1 km); Boca Lago golf course (9.8 km)computed
Retail trade in the county, 2025 (BLS QCEW)78,241 jobs in 5,965 establishments; average annual pay $47,452; employment location quotient 1.18; employment -0.4% on the yearBLS QCEW 2025, NAICS 44-45, private
Jobs located in the tract, 20227,596 jobs; 488 in retail trade, 1,440 in accommodation and food (workplace blocks summed to tract 12099007501)Census LEHD LODES8 WAC 2022
Upward mobility (Opportunity Atlas, 2010 tract)children of low-income (25th percentile) families reached the 36th income percentile as adults; 1.7% incarcerated at the 2010 count (354 children in the sample); born 1978–83, measured 2014–15Opportunity Insights
Food access (USDA FARA 2019, 2010 tract)not a low-access tract at 1 mile; poverty rate 10.7%; median family income $107,778; 93 SNAP householdsUSDA ERS
SchoolsPalm Beach County School District (PK-12); 1 public school within 1 mile: BOCA RATON ELEMENTARY SCHOOLNCES EDGE
Elevation12 ft above sea level at the site pointUSGS 3DEP
Storm events in the county, 2016-2025280 county-logged events: 84 thunderstorm wind, 53 hail, 49 flood, 31 tornado; $83,633,000 property damage reported; 3 direct deaths; forecast-zone events (most flood, winter and heat) not countedNOAA Storm Events
Homes for sale in ZIP 33432, 2026-09median list price $1,278,500 (-32.3% on the year); 323 active listings; median 89 days on market; 12% with a price cutRealtor.com Research
Retail trade in the county, 2012 to 20235,675 establishments (+8%); 82,553 jobs (+19%)Census CBP
Housing market in the countytypical home value $475,754 (+2% 1 yr, +26% 5 yr); typical rent $2,673/mo (+4% 1 yr), 2026-09Zillow Research

Summary, model-written

Proposed redevelopment of former Sears site (parking lot) into mixed-use project.

Why. Simon Property Group (developer) plans 8-story hotel, 7-story residential building (374 units), and 140,000 sq ft retail. County population grew 4.2% (2018–23), median rent $1,818.

Where it stands. Status: proposed. Verified: draft. No construction timeline or zoning details in record.

For a planner

  • Adjacent to proposed projects (North Park, Sears at Town Center) within 0.6 km.
  • Boca Mall (built) 0.6 km away.
  • Palm Beach County permits show high residential construction (2023: 5,492 units).

For a developer

  • Housing market: ZHVI $475,754 (2.3% annual growth), ZORI $2,673 (3.8% annual growth).
  • Simon owns site (82 SEC filings), but no sale/development timeline provided.
  • No details on land area, current zoning, or project cost.

What we do not know yet

  • Status is 'proposed' with no approval or construction start date.
  • No information on competition from existing retail (Boca Mall is 0.6 km away).
  • No data on tenant commitments or financing.

Generated by qwen3-30b-a3b-64k:latest on Dell 5820 RTX 3090 (Ollama, qwen3-30b-a3b) from the fields, parcels, deals and context layers on this page, with no outside knowledge. It is regenerated when the record changes and has not been checked by a person. How it is made.

Similar sites

  • Fashion Mall, Plantation, FL · Malls · same strategy: redevelop; also in FL; 31 km away
  • Boca Mall, Boca Raton, FL · Malls · same strategy: redevelop; also in FL; 1 km away
  • Sears at Town Center Boca Raton, Boca Raton, FL · Big boxes · same strategy: redevelop; also in FL; 0 km away
  • Lakeside Plaza, Fort Lauderdale, FL · Office parks · same strategy: redevelop; also in FL; 27 km away

Elsewhere on the web

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Multifamily screen

  • already in play: under construction, approved, or sold to a developer with housing plans
  • county grew 4.2% 2018–23
  • median rent $1,818
  • housing in the record

Inputs: record fields (size, status) and county Census ACS 2018–2023 figures (growth, rent). How the points work. Not a recommendation.

Sources

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