Published On: Tue, Oct 8th, 2019

City of Boca Raton – Office of Economic Development




Celsius Holdings (Nasdaq: CELH), maker of the drink brand Celsius, announced it is set to acquire Finland based Func Food for $24.6 million. Celsius plans to add the FAST Sport Nutrition line to its offerings.


Our friends at the Business Development Board of Palm Beach County sure know how to put together an awesome event.  We were lucky to share our #GoodBetterBoca word at the Kravis Center for their 4th Quarter Update.



The 3.8-acre vacant land at 900 Peninsula Corporate Circle sold for $3.75 million. Dizengoff Boca Raton LLC sold the vacant property to Peninsula Ice LLC, managed by Hal M. Jacovitz and Jacob Dinov in Delray Beach.


Colliers International announced the $4.8 million sale of a 1.7-acre multifamily apartment community, Bouganvillas Apartments, in East Boca. Located at 1500 – 1650 NW Fourth Avenue, the apartment community is comprised of 23, two-bedroom and two-bathroom units throughout the three apartment buildings.


For the first time in the university’s history, U.S. News & World Report ranked Florida Atlantic University in its list of “Top Public Schools” in the nation. US News & World Report analyzed 1,400 colleges and universities across the country and FAU ranked 140th.



Kroger, the largest supermarket chain by revenue and second-largest general retailer has moved to the Boca Raton Innovation Campus. The 43,000 square-foot-office is a national headquarters supporting Kroger’s digital businesses, including which the company acquired in 2017.


Have corporate news to share or looking to relocate/expand your company to Boca Raton? Contact the city’s Office of Economic Development at [email protected] 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 over a dozen 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 [email protected]

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