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Three board members – Steven Grant, Justin Katz and Romelus – are term-limited and will be out of office in March. If negotiations fail with Affiliated, the CRA board said it would begin talks with Related, whose proposal, dubbed The Gallery and Dewey Park, includes a 10-story tower housing 207 apartments, nearly 20,000 square feet of grocery, retail and office space and an 8-story parking garage.īut it's likely the CRA board will be motivated to close a deal with Affiliated. Jeff Burns, Affiliated's CEO, told the CRA board he has a contract to acquire another property - the Ocean Food Mart at 101 North Federal Highway - on the same block. A deal to buy three properties on Ocean Avenue that the Oyer family has owned for a century is in place, extending the project's footprint. The development site will include 4.5 acres purchased by the CRA for $3 million in 2018. The project, with an estimated cost of $73.1 million, is named "The Pierce,' as an homage to Charlie Pierce, a South Florida pioneer and an original "Barefoot Mailman" who lived in Boynton Beach. There is also 16,800 square feet of retail, restaurant and office space and a 7-story parking garage that includes 150 public parking spaces. Affiliated will sell the parking garage to the CRA and lease the parking spaces back from the CRA. It includes 236 apartments, half of those devoted to affordable and workforce housing with lower monthly rents for peoplemaking as little as 60% of the area's median income ($57,563 as of 2019). "Because what we're entering into is not just buildings, but a relationship with somebody who is going to transform our downtown. I'm pretty confident about the choices we are making tonight." Federal Highway project in Boynton: What are Affiliated's plans for the area?Īffiliated's proposal is more than just making right by Hurricane Alley. "I was impressed by that," said Penserga, one of four people running for mayor in March. The CRA, whose board consists of the mayor and four city commissioners, picked Affiliated over runner-up Related Urban Development Group, a Miami firm, and three other developers. Local restaurant closed: Boynton Beach Boston Market briefly shut down after inspectionīoynton Beach election: Mayoral candidates include anti-mask protestor facing criminal charges Related: After 100 years on Ocean Ave., Oyer family selling three buildings, including Hurricane Alley "And it's game-changing for Boynton Beach." "What Affiliated is offering us is game-changing," Kelly said. 30 to spearhead a major makeover of land west of Federal Highway between Boynton Beach Boulevard and Ocean Avenue that includes plans to keep Hurricane Alley as a neighborhood fixture.Īffiliated's proposal would move the restaurant up the street from Ocean Avenue to Boynton Beach Boulevard and give it a second floor with a larger outdoor dining area and room for a beer garden. Boynton Beach's Community Redevelopment Agency selected Fort Lauderdale-base Affiliated Development on Nov.