Printer friendly version

T H E  “ N E W "  R O Y A L   P A L M   P L A CE

Investments Limited’s Strategic Vision Becomes the Jewel in the Crown of Downtown Boca Raton… The "New" Royal Palm Place, the most exciting, mix-use development in South Florida, will soon become a two-million-square-foot addition to Investments Limited’s landmark Royal Palm Plaza. The existing Plaza, Boca’s oldest upscale mall, is a unique, 14-acre destination. Winding stone paths with blooming bougainvillea and trickling water fountains framed in rare terra cotta tiles lead the way to the front doors of some of the finest dining and shopping found anywhere.

“ Because there is a new surging interest in ‘coming back’ to the city — in a sort of a reverse migration from the suburbs — we have recognized the need for and are helping to create a vibrant urban environment for downtown Boca Raton that exudes a warm and welcoming sense of community and place."

The $65 million addition, Royal Palm Place, will seamlessly combine the elegance and timeless charm of the original Mizner-influenced Plaza with the luxurious amenities required for today’s ultimate South Florida urban experience. Royal Palm Place will bring to East Boca, not simply a place to work and play, but rather a totally new lifestyle.

The first phase of Royal Palm Place will be a nine-story plus penthouse development consisting of 169 luxury rental units and 38,000 square feet of Class A office space, anchored by 28,000 square feet of retail space that will feature a prime collection of purveyors of high-end retail goods and services, vibrant restaurants and entertainment, and a garage parking structure for approximately 450 cars. A 250-room boutique hotel, more retail space directly on the Promenade, and townhouse lofts are being planned for phases two and three. A large area atop the lushly landscaped parking deck includes a heated swimming pool, great lawn, clubhouse and paved walking area. Adjacent to this, will be an athletic club featuring state-of-the-art fitness facilities and services.

The Plaza’s main boulevard — Royal Palm Promenade — will serve as an inviting link between Mizner Park’s Plaza Real, Palmetto Place and existing downtown restaurants and retailers, providing a quaint sense of community while making the entire area a viable, competitive business center. Royal Palm Place will launch a Renaissance in Downtown, setting a new standard of infinite possibilities born of imagination and experience. Investments Limited is combining old with new, history with legacy. Because of Investments Limited’s foresight and real estate acumen, we will never see Boca Raton or Royal Palm Plaza the same way again. Visitors, merchants, residents and office tenants of Royal Palm Place will have the best of everything at their fingertips in this extraordinary venue.