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Boca Raton officials outline master plan and $3 billion revenue projection for government‑campus redevelopment
Summary
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.
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.
Deputy City Manager Andy Lukasick and Rob Frisbie, principal of the Terra Frisbie Group, described a mixed‑use plan intended to connect the campus to downtown through a tighter street grid, protected bike lanes and wider shaded sidewalks. Frisbie said work with market consultant CBRE projects the plan will generate about $3,000,000,000 in revenue for the city over a 99‑year lease term, with an estimated net present value between $330 million and $350 million.
The master plan envisions a civic heart — a wide, programmable green space between a new community center and city hall — plus relocation and upgrades of recreational facilities: a proposed 10‑court clay tennis…
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