Office parks · Florida
Palmetto Park Square
Proposed 380-unit apartment building on 124-acre EMD site; no active development yet. Regional housing demand supports proposal. · summary, model-written
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Site profile5 elements · what this retrofit is built with · tap a chip for the evidence
Retrofit in the pipeline
This site: …proposed newtypes-extraction · all sites with this3+ other atlas sites within 10 km
This site: 6 within 10 km computed · all sites with thisCounty typical rent $2,000+
This site: $2,673/mo zillow · all sites with thisRedeveloped
This site: Request for a site plan amendment to construct an eight (8)-story, 85-foot-tall, 439,511 square-foot, 380-unit multifamily (apartment) building in Sequence One… record · all sites with thisHousing
This site: …ight (8)-story, 85-foot-tall, 439,511 square-foot, 380-unit multifamily (apartment) building in Sequence One of an approximately 12 newtypes-extraction · all sites with thisNow
| Status | Retrofit proposednewtypes-extraction reported |
|---|---|
| Strategy | Redevelopment, proposedWikipedia no source |
| New uses | housingWikipedia no source |
| What is there now | Request for a site plan amendment to construct an eight (8)-story, 85-foot-tall, 439,511 square-foot, 380-unit multifamily (apartment) building in Sequence One of an approximately 124-acre proposed Enhanced Mobility Development (EMD)newtypes-extraction reported |
Site context
| Housing permits, Palm Beach County (FL), 2024 | 1,035 units in 5+ unit buildings, 157 in 2–4, 2,897 single-family; 2023: 2,132 in 5+Census BPS |
|---|---|
| Other atlas sites nearby | 6 within 10 km, 11 within 25 km: Boca Mall (2.8 km); Town Center at Boca Raton (3.1 km); North Park (3.1 km); Sears at Town Center Boca Raton (3.1 km); Boca Lago golf course (6.8 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, 2022 | 1,261 jobs; 161 in retail trade, 127 in accommodation and food (workplace blocks summed to tract 12099007603)Census LEHD LODES8 WAC 2022 |
| Upward mobility (Opportunity Atlas, 2010 tract) | children of low-income (25th percentile) families reached the 52th income percentile as adults; 0.1% incarcerated at the 2010 count (131 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 4.3%; median family income $106,583; 23 SNAP householdsUSDA ERS |
| Schools | Palm Beach County School District (PK-12); 3 public schools within 1 mile: BOCA RATON COMMUNITY HIGH SCHOOL; ADDISON MIZNER SCHOOL; BOCA RATON COMMUNITY MIDDLE SCHOOLNCES EDGE |
| Elevation | 12 ft above sea level at the site pointUSGS 3DEP |
| Storm events in the county, 2016-2025 | 280 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 33486, 2026-09 | median list price $766,500 (-5.5% on the year); 100 active listings; median 71 days on market; 21% with a price cutRealtor.com Research |
| Retail trade in the county, 2012 to 2023 | 5,675 establishments (+8%); 82,553 jobs (+19%)Census CBP |
| Housing market in the county | typical home value $475,754 (+2% 1 yr, +26% 5 yr); typical rent $2,673/mo (+4% 1 yr), 2026-09Zillow Research |
Summary, model-written
Palmetto Park Square in Boca Raton, FL, is proposed as an 8-story, 380-unit apartment building (439,511 sq ft) within a 124-acre Enhanced Mobility Development (EMD) site. Current status is 'proposed' with no construction underway. The site was originally designated as an EMD site but is now redeveloping for housing.
Why. The proposal aligns with regional housing demand: median rent is $1,818, and Palm Beach County saw 4.2% population growth (2018–2023). Nearby, 6 developments within 10km include 3 proposed malls (Boca Mall is built, others proposed). Housing market data shows ZHVI at $475,754 (2.3% annual growth).
Where it stands. Status is 'proposed' with no construction or approval confirmed. The site is not yet active (not under construction, approved, or sold).
For a planner
- Context: 3 proposed retail centers within 3.1km (Town Center, North Park, Sears at Town Center).
- Housing market: Median rent $1,818, ZHVI $475k, 2.3% annual growth.
For a developer
- No active permits or sales noted. Palm Beach County issued 4,590 housing units in 2023–2024 (value $3.56B).
- Peer sites (e.g., Sears at Town Center, 3km away) are also redeveloping for housing.
What we do not know yet
- Current land use (e.g., vacant, existing structure) unknown.
- EMD site details (e.g., mobility infrastructure) not explained in record.
- No timeline for approval or construction.
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
- Lakeside Plaza, Fort Lauderdale, FL · Office parks · same strategy: redevelop; also in FL; 26 km away
- Lakeside Plaza, Fort Lauderdale, FL · Office parks · same strategy: redevelop; also in FL; 17 km away
- Sears at Town Center Boca Raton, Boca Raton, FL · Big boxes · same strategy: redevelop; also in FL; 3 km away
- Carolina Golf Club, Margate, FL · Golf courses · same strategy: redevelop; also in FL; 15 km away
Elsewhere on the web
Search images: Google · Bing · Commons · references: ULI case studies · Google Scholar
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.
History and original facts
| County | Palm Beach County |
|---|---|
| Census division | 5 · South Atlantic |
| Notes | Draft from myboca.us, model-extracted, unreviewed: A proposed Enhanced Mobility Development site is planned to include a 380-unit apartment building. |
Not yet recorded: acres, GLA, year opened, original developer, retrofit year. Know it? Tell us.
Sources
- Mixed Use Development | Boca Raton, FL
1 quoted sentence
Palmetto Park Square
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