Published On: Fri, Sep 6th, 2019

City of Boca Raton – Office of Economic Development

 

 

 

 

 

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.   

 

 

We’ve partnered with the Boca Raton Innovation Campus on the following networking event.  If you’d like to attend, please RSVP here.

 

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

About the Author

- In April 2015, Jessica Del Vecchio joined the City of Boca Raton as its first economic development manager and was tasked with leading the newly established Economic Development Division. Since its inception, the Office of Economic Development has successfully facilitated a number of corporate relocation and expansion projects; including one of the largest deals in Palm Beach County, which committed to creating 838 new jobs in Boca Raton. Prior to accepting the role, Jess spent 15 years in the finance industry. Attaining FINRA Series 3, 7, 63, 65 and Florida’s Life, Health and Variable Annuity licenses, she spent 8 years at Smith Barney and 7 years at Haar Capital, both based in Boca Raton. Del Vecchio has lived in Boca since 1991 and attended Lynn University. Graduating with a bachelor’s degree in Business Management and an MBA in Finance, Jessica proudly spoke at her graduation ceremony. The Office of Economic Development is ready to assist in any and all corporate relocation and expansion needs and may be reached at EconomicDevelopment@MyBoca.us.

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