Monday, June 23, 2008

EAST BOCA EDEN PROJECT PROPOSED AS A RENTAL COMMUNITY

For 6 years this one-time luxury condo complex has morphed into various end uses. There are 4 units, with only one finished. Planning & Zoning Board approved application of Boca East LLC for a 248-unit rental community, with a name change to “Pearl”. Needing to get refinancing first, the Project Manager says he will buy back purchased condos” although he is not legally obligated to do so. Perhaps, at last, this complex is finding its way to being finished and lived in.

No comments: