The Boca Raton Tribune ED 96

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The Boca Raton Tribune Your Closest Neighbor for news 24/7 go to bocaratontribune.com

East /West Boca Raton, Highland Beach, Delray Beach, FL - April 20, 2012 through April 26, 2012 • Year III • Number 096 - FREE

Construction of Controversial Archstone Apartment Complex to Begin in a Year

See page 3 By Dale King BOCA RATON – The Archstone apartment and retail development in downtown Boca Raton – a project hammered by neighbors who complained about additional traffic and lower property values during hearings held just two months ago – has signaled that it is ready to start in

about a year. The firm announced in a press release distributed on business wires that it has acquired a 5.78-acre development site near Mizner Park. Archstone plans to build a 378-unit apartment community with 13,448 square feet of retail space on the parcel located along East Palmetto Park Road at the

SE 3rd Avenue intersection just blocks from the beach. Construction is expected to begin in the first quarter of 2013, said officials. “The Palmetto Park development in Boca Raton will be an excellent addition to our outstanding portfolio of apartment communities in premier locations in the country,” said Neil Brown,

Community News

Municipal News

Municipal News

Award-winning Amernet String Quartet to perform . . . See page 6

Congressional Candidate Adam Hasner Raises $335,000 . . . See page 11

Archstone’s chief development officer. “Near the Mizner Park development, the site embodies the three characteristics that are prevalent at many of our communities and make our portfolio among the most prestigious in the industry. The site is in a market with very limited land on see pg. 3 for story

Business Boca Police Probe United Way Names New Two Road Rage Inci- CFO, Marketing VP and Two Board Members dents . . . See page 11 See page 23 Nearly 400,000 readers!

Bernie Finklestein, Florence Fuller Child Development Centers’ Board of Directors’ Vice-Pres. reading the Tribune

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