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.
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