Boynton Village and Town Center

Boynton Village and Town Center
Boynton Beach, Florida

Boynton Village and Town Center is a mixed-use project located within the City of Boynton Beach, Florida, at the northeast intersection of Congress Avenue and Old Boynton Beach Boulevard.  This project includes approximately 100 acres, of which 43 acres were previously developed with 408,000 SF. of in-line retail and office including Target, Michael’s, Best Buy, Total Wine, and numerous shops and restaurants.  The remaining 57 acres were entitled for 1,120 residential units which were never built.

The 57 acre undeveloped residential portion of this project was acquired in late 2010 in conjunction with a real estate opportunity fund.  JKM Developers is the master developer for this asset and is responsible for the following aspects of this project:

  • Due diligence evaluation and market analyses prior to closing
  • Re-positioning of the project to include 350 garden-style apartments, 115 single-family homes and 643 mid-rise multi-family units
  • Financial underwriting and market analyses
  • Development of multi-family and single-family product from conceptual design through construction documentation, including full bidding to GMP contract
  • Direction of consultant team through conceptual site design, land use entitlements, engineering, platting, and permitting
  • Completion of all horizontal master infrastructure including site clearing, right-of-way construction, utilities, perimeter greenways, park, and traffic signalization
  • Participation on Community Development District (CDD) Board
  • Negotiation of sale and closing of 350-unit shovel-ready apartment site
  • Future sale and/or vertical development of remaining single-family and multi-family residences