Large New Apartment Project Coming to Boynton

pic courtesy of msaarchitectsinc.com

A brand new project in Boynton on the south corner of Ocean Avenue and Federal Highway is raising the profile of the downtown section nicely and it should make conservationists and eco-conscious people happy.

The new mixed use development to be started at the end of the year is very forward thinking. It will be called 500 Ocean, designed by architects MSA Architects of Miami.

Tax Incentives Recovered Through Project Activity

City of Boyton officials agreed to big tax incentives for the project in exchange for developing the apartments according to National Green Building Standard  standards, creating office space, and incorporating electric car charging stations. 

500 Ocean will contain 341 one, two and three-bedroom apartments. Mixed use developments have become popular in the last 5 years across the county due to increased convenience and less auto travel.  This particular new apartment development in Boynton will have about 20,000 square feet of commercial space, including 6,000 square feet for offices and 14,000 square feet for retail stores.

The addition of the new apartments may help in revitalizing the downtown Boynton area which has suffered from a lack of commercial activity.

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