Boca’s Economic Development Report


By: Jessica Del Vecchio Economic Development Manager Special to the Boca and Delray newspapers

AD Henderson University School has been named the No. 2 Best Public Elementary School and the No. 9 Best Public Middle School in America by Niche, the largest website for researching public and private K-12 schools.

Boca. Business. Briefs.

Three of Boca’s Office of Economic Development’s most recent projects are all from out of state. One is the expansion of a publicly traded company from New Jersey, which is opening a regional headquarters in Boca Raton. The other companies are both privately held. One is relocating from New York City and the other is relocating from Palo Alto, Calif.

Penn-Florida Companies announced a $225 million construction loan from Madison Realty Capital for the final phase of Via Mizner and The Residences at Mandarin Oriental in Downtown Boca Raton.

Four of the six lease deals in Colliers International’s latest analytical report took place in Boca Raton.  The four leases equate to 62,000-square-feet of Class A space.

TouchSuite, one of South Florida’s fastest-growing technology companies is set to invest $5 million to overhaul its Boca Raton headquarters.

Broadstone North Boca, the 384-unit apartment development at 7801 N. Federal Highway, sold for $120 million. The sale equates to $312,500 per door.

Subculture Coffee announced Mizner Park for its newest location. This will mark the fifth location for the coffee shop.

The Boca Raton/Highland Beach residential market Q2 overview reports nearly 900 condo units sold in the second quarter. This is up 4.3 percent year-over-year.

The Office placed an advertisement in the international publication, the Waldorf Astoria magazine. With an average readership of 911,650, the City of Boca Raton will be advertising for corporate relocations in 33 branded hotels in 16 countries across the globe. Imagine our surprise when we opened the publication and found our new ad beside the magazine’s Welcome Letter. Boca Raton – Make It a One Way Trip.  

Have corporate news to share or looking to relocate/expand your company to Boca Raton? Contact the city’s economic development office at or 561-393-7761. Want to see what we are up to? Follow us on Facebook @BocaEconomicDevelopment.