Giles Capital Group, Rosemurgy Properties and Schmier Property Group, in partnership with Wheelock Street Capital, have topped off Uptown Boca, a 456-unit luxury community underway in Boca Raton, Fla.
The developers broke ground on the 1.1 million-square-foot project in May 2019, financing the construction with a $126 million loan from Jutland Finance Inc. The development is slated for delivery in September.
Uptown Boca occupies 38 acres at 9774 Glades Road, near the intersection with 95th Avenue South, just east of U.S. 441. The area’s first residential development in more than 20 years features more than 155,000 square feet of upscale retail anchored by Silverspot Cinema, Bolay, Chick-fil-A and BurgerFi, among others.
The seven-building community will encompass one- to four-bedroom floorplans ranging from 718 to 1,737 square feet. Amenities will include a fitness center, zero-entry pool, theater, ride-sharing and co-working lounge, as well as an outdoor CrossFit facility.
The development site is 5 miles west of city center, adjacent to Westwinds of Boca and across from Shadowood Square. There are several golf courses within a two-mile radius of the property that is just west of Florida’s Turnpike.