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Holiday Inn to Apartment Conversion at 701 Northwest 53rd Street

Sector: Hotel • Location: Boca Raton, Florida, United States

Source: The Real Deal

Project
Planned

Opterra Capital plans to convert the 183-room 1980s-era Holiday Inn & Suites at 701 Northwest 53rd Street in Boca Raton into a 125-unit apartment building. The development will include a 5,550-square-foot restaurant and 4,500 square feet of retail space. The residential units will consist of 74 efficiency apartments, 43 one-bedroom units, and eight two-bedroom units, with 13 affordable housing uni

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Project Information

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The project “Holiday Inn to Apartment Conversion at 701 Northwest 53rd Street” is an infrastructure initiative in the Hotel sector, located in Boca Raton, Florida, United States. Taiyo aggregates data on it from The Real Deal.

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Participants

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planned

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Description

Description

Opterra Capital plans to convert the 183-room 1980s-era Holiday Inn & Suites at 701 Northwest 53rd Street in Boca Raton into a 125-unit apartment building. The development will include a 5,550-square-foot restaurant and 4,500 square feet of retail space. The residential units will consist of 74 efficiency apartments, 43 one-bedroom units, and eight two-bedroom units, with 13 affordable housing units and seven workforce units included. The project also involves improving the building's façade, adding pedestrian paths connecting to the El Rio Trail, landscaping, and a bus shelter.

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High

Data quality score

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Source

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URL

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More Details

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