Commercial real estate news releases from Avison Young
Quarterly and topical research insights to help your business gain competitive edge in commercial real estate.
Avison Young tapped by Boynton Beach to lease new Town Square innovation & retail opportunities
25 janvier 2021Boynton Beach, Fla. – Avison Young has been selected to lease a unique office space designated for innovative and entrepreneurial business concepts as well as two café spaces at the new Boynton Beach Town Square. Located at 100 E. Ocean Ave., Town Square represents a public-private partnership between the City of Boynton Beach, its Community Redevelopment Agency, and E2L Real Estate Solutions, master developer of the 16.5-acre complex anchoring the heart of downtown Boynton Beach, Florida .
The Town Square project involves the $118 million renovation of the historic Boynton Beach High School into an Arts and Cultural center, a Children’s Schoolhouse Museum, a fire station, police station, residential, retail, hospitality, public amenities, parking garages, a library, and a new City Hall to create positive community and economic impact.
Specifically, Town Square leasing availability includes:
- A 1,850-square-foot innovation and collaborative office space at City Hall with direct access to onsite conference facilities. A creative private enterprise or a higher education institution looking to expand, promote economic growth, and deliver valuable services to Boynton Beach businesses and the community would be ideal for the space, such as a startup business incubator or a co-working operator. The city’s Department of Economic Development and Strategy will provide a one-time grant of $50,000 to the innovation space for programming. The library will support by offering classes for the public and innovation space participants on entrepreneurship, creative output, crafting, and micro-fabrication.
- A 1,195-square-foot City Hall Café with nearby main lobby seating and the option for additional storage and food & beverage prep space. The city envisions a health-focused proprietor for breakfast, lunch, and after-hour services offering coffee, smoothies, salads, wraps, and healthy energy bowls. The location attracts 1,200-1,800 employees and visitors on weekdays and approximately 3,000 on the weekends.
- A 700-square-foot Cultural Center Café for a health-focused enterprise specializing in coffee, smoothies, salads, wraps, and healthy energy bowls for pick-up or on-the-go patrons.
Boynton Beach Town Square currently offers a multitude of public arts and cultural events including dance, music, pottery and more. Situated next to the Historical Children’s Museum, the venues attract more than 25,000 visitors annually.
“The opportunity for an innovative business concept to utilize and share a campus with multiple resources such as the library and cultural center is unavailable anywhere else in Palm Beach County,” said Lori LaVerriere, Boynton Beach City Manager.
Avison Young will spearhead the request for proposal (RFP) process on behalf of the City of Boynton Beach. Principal Keith O’Donnell and Vice President Danielle Vennett will lead the leasing efforts. Every inspired entrepreneur is invited to request the RFP by emailing Mr. O’Donnell at [email protected]. The proposal deadline is February 26, 2021.
“Boynton Beach is undergoing a renaissance and regeneration,” said O’Donnell. “Development is on the rise, and projects like Town Square make potential residents and businesses take notice and look to Boynton Beach for their next investment. Working alongside city leadership and master developer E2L, we are excited to bring value by contributing multiple services and diverse expertise to the project and ultimately be a part of building a stronger, resilient community.”
Incorporated in 1920, Boynton Beach is “100 years in the making.” Several projects underscoring the city’s growth are underway, such as a planned grocery-anchored mixed-use project at 6405 West Boynton Beach Blvd. and the recently proposed eight-story mixed-use project at 115 North Federal Hwy.
Avison Young creates real economic, social and environmental value as a global real estate advisor, powered by people. As a private company, our clients collaborate with an empowered partner who is invested in their success. Our integrated talent realizes the full potential of real estate by using global intelligence platforms that provide clients with insights and advantage. Together, we can create healthy, productive workplaces for employees, cities that are centers for prosperity for their citizens, and built spaces and places that create a net benefit to the economy, the environment and the community.
Avison Young is a 2020 winner of Canada's Best Managed Companies Platinum Club designation, having retained its Best Managed designation for nine consecutive years.
Follow Avison Young
Twitter (News)│Twitter (Deals)│Blog│LinkedIn│YouTube│Instagram
For more information:
Keith O’Donnell, Principal, Avison Young: 561.445-8107
Danielle Vennett, Vice President, Avison Young: 561-254-4351