Terra, Frisbie mega-project in Boca Raton heading to referendum
The Boca Raton City Council agreed to wait for a voter referendum before formally approving a 99-year lease that would enable Miami-based Terra and Palm Beach-based Frisbie Group to build apartments, condos, retail, and offices on public land. On Tuesday evening, elected officials instructed the city attorney to add in a referendum clause to any proposed lease after hearing from dozens of residents who demanded a special election on the latest plans by Terra and Frisbie to build on 30 acres of city-owned land at West Palmetto Park Road and Northwest Second Avenue. Under the revised plan, Terra and Frisbie […]This article originally appeared on The Real Deal. Click here to read the full story.
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Stevan Stanisic
Real Estate Advisor | License ID: SL3518131
Real Estate Advisor License ID: SL3518131