Boca Raton officials outline master plan and $3 billion revenue projection for government‑campus redevelopment
City staff and Terra Frisbie Group presented a mixed‑use master plan for Boca Raton’s government campus, projecting about $3 billion in gross revenue over a 99‑year lease and a net present value of $330–$350 million; council sought more vetting, asked for recreation data and heard public concerns about disclosure and use of city funds.
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City staff and the Terra Frisbie Group on Monday presented a detailed master plan for redeveloping Boca Raton’s government campus and said the proposal can deliver modern civic buildings, upgraded infrastructure and new public realm amenities without raising residents’ taxes.
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