Boynton Beach CRA spends $15M of taxpayer funds for 14-lot assemblage
Boynton Beach bought a 14-lot assemblage near the Interstate 95 ramp for $15.4 million in two deals. The purchases came after reporting that The Starboard Group brokerage, which represented the sellers, passed out “talking points for public comments” in support of the purchase during a city meeting last year. The Boynton Beach Community Redevelopment Agency, a taxpayer-funded city board, is the buyer. William A. Cunningham III of Starboard at Coldwell Banker Realty said the deal gives the city control of the future redevelopment of the sites, which are the “gateway” to the city. In the most recent purchase, the Boynton […]This article originally appeared on The Real Deal. Click here to read the full story.
Recent Posts
Historic cottage near Citadel’s Brickell HQ to move to Coconut Grove
Summermaxxing: Wealth boom brings heat to South Florida with pricey off-season sales
Rivani’s $50M Miami Beach office expansion with Playboy HQ heads to voters
Alonzo Mourning, HTG net $55M financing package for affordable housing
$16M West Palm mansion breaks city’s record for priciest non-waterfront sale
Centaur sells Panther National for $191M in South Florida’s biggest golf course trade this year
Florida’s education shakeup is pouring money into private schools. Here’s what it means for real estate
South Florida’s top deals: Palm Island home sells for $19M
Simple steps can make a home listing stand out
Why more Americans are turning to co-buying to afford a home
