City of Boca Raton – Office of Economic Development

Boca. Business. Brief.

In a comparison that included 1,200 cities, Boca Raton takes the 14th spot in the country on financial analytical firm WalletHub’s Best Small Cities for Starting a Business.  The methodology analyzed business environment, access to resources and business costs.

HairClub recently hosted its official ribbon cutting.  Their beautiful, newly completed corporate headquarters has been completely renovated and will be home to 12o employees.

Boca Raton Resort and Club announced its plans to be acquired by MSD partners. The terms of the transaction, which is expected to close by the end of the second quarter, were not yet disclosed.  The property will continue to be managed by Hilton, under the Waldorf Astoria Hotels and Resorts brand.

Founded in 2005 and based in the Park at Broken Sound, Greenlane Holdings announced the terms of its IPO.  They plan to raise $80 million by offering 5.3 million shares (13 percent insider) at a range of $14 to $16.

Penn Florida recently released its highly anticipated Penthouse Collection by Mandarin Oriental.  The Residences at Mandarin Oriental Boca Raton is the third and final tower at Via Mizner, a $1 billion, 2 million square foot resort.  The Penthouses range from 7,000 to 10,000 square feet.  Design features will include private elevators, floor to ceiling doors and windows, Sub-Zero and Wolf appliances, refrigerated wine storage and “smart home’ technology.

With a retail and delivery base of 15,000 local customers, Holistic Pet Cuisine recently won the 2019 Global Pet Expo award for best single store retailer in the nation.

Good. Better. Boca.

Our team works diligently to share any and all corporate news taking place in the City of Boca Raton.  If you have corporate news to share, reach out.  We would love to hear (and share) it.

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