New apartments underway

Shovels are in the ground for an eight-story apartment building, the latest residential project in the Park at Broken Sound.

The city expanded the former business park to include multi-family housing and set aside  new planned mobility districts

This project, called the 5201 Building, will have 284 apartments, a large clubhouse, fitness and yoga rooms, business center, pet grooming room and an interior courtyard with a pool. A six-level parking garage will have 827 spaces.

An existing parking lot will be demolished, and the complex should take 18 months to build, according to the companies behind the project. There is no website or leasing center yet for the building.

Current Builders is also the company behind Uptown Boca, the new residential apartments and retail complex on Glades Road in west Boca.

The 5201 Building’s project development team is PG Mainstreet NCC 5201 Apartments, LLC, a collaboration between two South Florida developers comprised of Robert Mathias and father-son duo Paul and Brian Kilgallon. This is the seventh project Current Builders has collaborated on with Mainstreet Capital Partners and RLC Architects.

The project team is being led by Ryan Kelley, Current Builders’ partner and vice president of construction. Kelley will be joined by the same team that recently completed the Aura Boca project at the corner of Yamato Road and Congress Avenue, directly east of the 5201 project, which is open and leasing.

The three firms have partnered on projects with a construction value of more than $100 million, the announcement said. This is Current Builders’ second project with Robert Mathias, president of New Century Companies. The firms partnered most recently on The Lumin, which was sold to Bell Partners Inc. for $56.5 million in the fourth quarter 2020.


Please enter your comment!
Please enter your name here


Trending Now

Town Center announces new stores

Photos by Simon Town Center at Boca Raton just announced six new stores open now and five coming soon at the mall on Glades and...

New York steakhouse & seafood arrives

A modern façade brings Avalon, a real New York steakhouse with a bright, beachy porch and dining room décor to the first block on...

Speeding in Boca: What police are doing now

  Speeding through Boca, especially downtown and to the beaches, is getting more attention in city hall now. Here’s a deeper dive on the issue...

Chick-fil-A opens in Uptown Boca

Chick-fil-A has opened in Uptown Boca, west Boca’s new retail and residential complex. Hours are 6 a.m. to 10 p.m., Monday through Saturday, closed...

New public golf course deal leaves Boca Teeca site out…What happens now?

In a surprise move, the city just accepted Boca Country Club as the new 18-hole public golf course. That made the planned and designed...

Related Articles

South beach area first renourishment look

Boca’s .9-mile stretch of beach south of the Boca Inlet to the Deerfield Beach border will be the first of three areas to determine...

Gumbo Limbo tower rebuild rebounds

Gumbo Limbo’s long-delayed, 40-foot observation tower project is back on track. The nature center’s still closed. But the boardwalk is open and materials remain stacked...

Boca’s history gifts preview new exhibits

Boca and Florida-inspired gifts helped the historical society celebrate Mizner Park's 30th anniversary for the holidays. On sale in a pop-up shop the Saturday...