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Town Center Mall asks Boca Raton to add 400 CIMD units to enable Sears‑site redevelopment
Summary
Development Services Director Brandon Chadd told council the Town Center Mall has requested 400 additional units from the CIMD unit bank (initial cap 2,500) to support mixed‑use redevelopment of the former Sears parcel; council asked staff for analysis on capacity, affordability targets and whether units should be dedicated to that site.
The Town Center Mall has asked Boca Raton staff to add 400 dwelling units to the city's CIMD (Commercial, Industrial, Multifamily Development) unit bank to facilitate redevelopment of the former Sears parcel, Development Services Director Brandon Chadd said Monday.
Chadd told the council that the CIMD ordinance, adopted in early 2024 and amended since, established a 2,500‑unit bank with density, affordability and walkability requirements. Under current rules, a project that provides 10% of units as affordable (up to 120% of area median income) can qualify for higher densities; an additional 5% workforce component at up to 140% AMI raises the maximum density further.…
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