Question 1

What are the key details for the project “Meridian Office Building Purchase by City of Boca Raton”?

Accepted Answer

The project “Meridian Office Building Purchase by City of Boca Raton” is an infrastructure initiative in the Commercial sector, located in Boca Raton, Florida, United States. Taiyo aggregates data on it from The Business Journals.

Question 2

What is the latest status of the project “Meridian Office Building Purchase by City of Boca Raton”?

Accepted Answer

The status recorded for “Meridian Office Building Purchase by City of Boca Raton” is completed.

Question 3

Who are the main government, EPC, and private stakeholders for “Meridian Office Building Purchase by City of Boca Raton”?

Accepted Answer

Taiyo maps the stakeholders of “Meridian Office Building Purchase by City of Boca Raton”: government bodies (City of Boca Raton).

Question 4

What is the budget and commercial profile for the project “Meridian Office Building Purchase by City of Boca Raton”?

Accepted Answer

Taiyo normalizes the budget of “Meridian Office Building Purchase by City of Boca Raton” to USD 17400000.

Question 5

Where can I verify the source and access all details for “Meridian Office Building Purchase by City of Boca Raton”?

Accepted Answer

This Taiyo project page references The Business Journals along with the original URL (https://www.bizjournals.com/southflorida/news/2025/10/29/city-of-boca-raton-buys-meridian-office-building.html). Taiyo standardizes official data into a consistent, searchable project profile.

Original status	completed
Taiyo status	Closed
Taiyo last update	2026-07-22

Description	The city of Boca Raton purchased a 70,400-square-foot office building for $17.4 million to house its municipal operations during a government campus redevelopment. The building was bought from Meridian Park of Commerce LLC, an affiliate of Contrarian Capital and PEBB Enterprises. The purchase was approved by the City Council in July 2025, with the city planning to perform renovations before moving in. This acquisition is considered more cost-effective than leasing office space. The redevelopment of the government campus, including City Hall, is planned by Terra and Frisbie Group.
Original sector	Built Sector
Budget

Record type	Project
Sector	Commercial, Government, Residential
Article published date	2025-11-01

Meridian Office Building Purchase by City of Boca Raton

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Country	United States of America (USA)
State	Florida
City	Boca Raton

Meridian Office Building Purchase by City of Boca Raton

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