Town Square Governmental Project

• PROJECT LOCATION: 100 E. Ocean Avenue 
• COMMENCEMENT: September 2020 
• COMPLETION: City Hall - July 2020; Cultural Center - Sept 2020; Amphitheater - Oct 2020
• DEVELOPER(s): E2L Real Estate Solutions, LLC
• BBCRA DISTRICT(s): Cultural and Boynton Beach Boulevard
• BBCRA FUNDING:
  • ACQUISITION: $905,000
  • BBCRA ILA WITH CITY: $86,000,000
  • PRIVATE MATCH: 

PROJECT DESCRIPTION: 

The 16.5 acre Town Square Public Private Partnership (P3) Mixed-Use and Governmental Complex Project has been identified as the catalyst project in redevelopment of both the Boynton Beach Boulevard and Cultural Districts within the BBCRA area. The Town Square project consists of:

• City Hall/Library building
• Fire Station No.1
• urban park space and amphitheater
• streetscape and pedestrian improvements
• adaptive-reuse of the historic Boynton Beach High School building into a cultural/convention/community center
• District Energy Building

The P3 team was made up of the BBCRA, City of Boynton Beach and E2L Real Estate Solutions. The final Town Square Master Plan was approved by the BBCRA and City of Boynton Beach in March of 2018 and the financing for Phase 2 of the project was secured in August of 2018 and construction activities for the Town Square project started on September 17, 2018.

The total cost of the public sector components of the Town Square Project will total approximately $80,000,000. The BBCRA obtained approval from both the City and County to contribute tax increment revenue toward the project and entered into an Interlocal Agreement (ILA) with the City of Boynton Beach to secure this funding. During Fiscal Years 2016-2017, 2017-2018 and 2018-2019, the Boynton Beach CRA has provided a total of $6,700,000 for project construction as part of their annually approved Project Fund budget.

The new City Hall & Library building was completed in July 2020 and fully operational and open to the public by the end of the month. The historic Boynton Beach High School building renovation, now known as the Cultural Center, was completed in September 2020 with event and activity programming beginning in early 2021. Lastly, the two public playgrounds and Amphitheater completed the public sectors of the Town Square project in October 2020.