BOCA RATON, FL – A partnership led by Butters Group and Konsker Development has submitted plans to the city of Boca Raton to redevelop a four-acre site on Military Trail near Glades Road and Town Center mall into a modern, 120,000-square-foot, five-story new office building.
Construction of Midtown Place at Boca Raton will launch in early 2023, delivering the first major ground-up development of a multi-tenant Class A+ office building to the city in more than a decade. Butters expects to deliver the five-story, $70 million-plus office building by mid-2024. With its eye-catching curves, contemporary waves, and sweeping balconies, the project will raise the city’s existing office offerings for companies seeking a new, best-in-class corporate address. The building is designed by the world-renowned international architecture firm SAOTA in partnership with RLC Architects in Boca Raton.
“We are going to attract the high-end, multinational firms that are relocating to South Florida from all over the USA.” said Malcolm Butters, president of Butters. “Many of those firms want new Class A+, state-of-the-art construction and until now they have not been able to get that in Boca Raton.” Midtown Place will feature the latest design elements and amenities including floor-to-ceiling impact glass windows, full-building back-up generator, garage parking, outdoor terraces, onsite café, gathering plazas and a high-concept destination restaurant on the ground floor. The project also offers efficient floorplates, ranging from 10,372 square feet to a full floor at 29,357 square feet. These expansive floorplates will allow companies of all sizes to design the types of collaborative, culture-enhancing professional spaces that employees want to work in post-pandemic.
“Midtown Place’s location within Boca Raton’s bustling Midtown business district is unparalleled,” said Kyle Jones, director of investments at Butters. “It offers corporate occupiers’ easy access and walkability to business class hotels like the Marriott, top restaurants and high-end shopping venues including Saks, Neiman Marcus and Nordstrom.” The project is now preleasing and offering tenants upscale, customized office suites with substantial tenant improvement design and finish packages. The Butters team of Darcie Lunsford, Caroline Fleischer and Sky Butters will be handling marketing and leasing.
“The pandemic changed the way we think about what we want from our offices. Innovative environments and higher-level interactive experiences that build and animate corporate culture is what many companies and their employees now want” said Darcie Lunsford, director of office leasing at Butters. “Look, if your company can dream it, we can build it at Midtown Place and your employees can live it.”
Butters is a vertically integrated real estate service company engaged in construction, development, leasing and property management. The company has assets in the industrial, office, retail and hospitality sectors, located in South Florida, Orlando, Atlanta, and Greensboro. Butters is a six-time winner of the NAIOP South Florida Chapter ‘Developer of the Year’ award and a top General Contractor in the region. www.butters.com.