New 306-Unit Apartment Complex Approved in Downtown Boca Raton

Boca Raton is set to welcome a new multifamily living option, as Group P6 and Mill Creek Residential have obtained final approval for the Modera Boca project—a 12-story apartment building featuring 306 units. This approval is part of a broader trend of multifamily development currently reshaping South Florida’s real estate landscape.

Project Details

The project received a nod from the Boca Raton Community Redevelopment Agency, as announced in a recent news release from the developers. Key details about Modera Boca include:

• Location: 400 South Dixie Highway, Boca Raton
• Site Size: 1.7 acres
• Expected Construction Start: January
• Architect: Designed by Corwil Architects

Amenities

Modera Boca will feature a range of amenities that enhance urban living:

• Fitness center
• Zen garden
• Dog park
• Co-working spaces

These facilities aim to provide residents with both convenience and a sense of community right in the heart of Boca Raton.

Background on Developers

Group P6

Located in Boca Raton, Group P6 focuses on condo and townhouse developments primarily in Broward and Palm Beach counties. Key projects include:

• Royal Palm Residences: A 48-unit condo complex featuring three nine-story buildings.
• 327 Royal Palm: A 25-unit condo building.

Their recent expansion into Miami-Dade County includes plans for The Gateway, a 21-story project featuring 362 apartments.

Mill Creek Residential

Also based in Boca Raton, Mill Creek Residential specializes in multifamily investment, development, management, and construction. Their ongoing projects include:

• Modera Aventura: A 15-story, 420-unit apartment building currently under construction in Ojus.
• Future Expansion: An additional eight-story, 251-unit building planned for the same area.

More Developments in Boca Raton

The approval of Modera Boca is part of a flurry of development activity in Boca Raton. Recent developments include:

• City Hall and Mixed-Use Project: Approved by the city council, this initiative comprises:

  • 912 residential units
  • 350,000 square feet of office space
  • A 150-key hotel
  • 77,000 square feet for retail
  • 30,000-square-foot community center
  • 10,000-square-foot police substation
• Park at Broken Sound: Plans are underway for a seven-story, 289-unit mixed-income apartment building.
• Live Local Act Complex: Oak Lane Partners proposes a project with 243 units, including 17 rental townhouses near their office.

Conclusion

With ongoing projects like Modera Boca, Boca Raton is firmly establishing itself as a hub for modern multifamily living. These developments not only meet the rising demand for housing in South Florida but also contribute to the vibrant urban landscape of the area.

For more updates on developments in the region, you can visit The Real Deal.