Boca Raton’s Rental Boom Puts Pressure on Growth, Affordability Plans

by | May 15, 2025 · 9:12 am | Real Estate, Boca Raton Archive | 2 comments

Boca Raton’s Rental Boom Puts Pressure on Growth, Affordability Plans

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BOCA RATON, FL (Boca Post) (Copyright © 2025) — Drive through central Boca these days and the signs are unmistakable. Construction crews are staking out new foundations. Mid-rise frames rise behind chain-link fencing. Another development breaks ground, seemingly before the last one tops out.

The city is in the midst of a full-blown rental boom — more than 7,600 new apartment units are in the pipeline, according to a New York Post analysis of recent permits and development announcements (NY Post). That’s a dramatic shift for a city known more for gated communities and manicured townhomes than dense rental housing.

Much of the growth is being fueled by the state’s Live Local Act, passed in 2023, which allows developers to bypass certain zoning restrictions if they include affordable or workforce housing. The law was designed to address Florida’s worsening housing affordability crisis — a crisis particularly acute in Palm Beach County.

In South Florida, nearly two-thirds of renters now spend more than 30 percent of their income on housing, according to a Harvard Joint Center for Housing Studies report cited by the Healthy Housing Foundation. The report labeled the region’s cost burdens among the worst in the country (Healthy Housing Foundation).

In Boca Raton, one of the most prominent projects taking shape under the new law is Boca Center Residential, an eight-story complex backed by Oak Lane Partners. The plan includes 295 units, 45 of which are designated as affordable or workforce housing. The development is moving forward thanks in part to provisions in the Live Local Act that override city density caps, as reported by The Real Deal (The Real Deal).

While developers and state officials have praised the law for jumpstarting production, the reception at the local level has been more cautious. Boca Raton commissioners have placed a cap of 1,000 affordable units that can be created citywide through Live Local developments. Critics say that limit undercuts the spirit of the law and reveals discomfort with the pace and placement of change.

In a recent column, Boca Magazine described the city’s balancing act as “a push-pull between affordability and the desire to maintain neighborhood character” (Boca Magazine).

The affordability challenge isn’t limited to Boca’s borders. It’s playing out across the county. A recent WPTV report highlighted how teachers, nurses, and police officers — essential workers in every community — are increasingly being priced out. One district employee told the station that she now commutes over an hour from Port St. Lucie because she can no longer afford rent closer to her job in Boca (WPTV).

Those stories underscore what’s at stake. For all the new buildings coming online, questions linger: who are they really for? Will they actually ease pressure on working families, or simply add more market-rate supply to an already saturated luxury segment?

There’s also concern about infrastructure. Boca Raton’s east-west corridors — particularly Glades Road, Yamato Road, and Palmetto Park — are already congested during peak hours. Residents have raised concerns about whether the city’s roads, water systems, and emergency services can keep up with the influx.

The Florida Housing Finance Corporation, which administers the Live Local Act, maintains that the law gives municipalities “flexibility and tools” to meet their housing needs while encouraging mixed-income development and cutting red tape (Florida Housing).

For now, though, Boca is trying to thread the needle. It wants to preserve the look and feel that’s defined the city for decades while also addressing the stark reality: the people who serve the community — teach in its schools, patrol its streets, treat patients in its hospitals — are increasingly unable to afford to live in it.

And so the construction continues. But for many residents watching the skyline change, the deeper question remains unanswered: What kind of Boca Raton do you think is being built? Let us know in the comments.

2 Comments

  1. I am very concerned about the loss of the “feeling” people once had of Boca Raton. In the past it reminded me of a small village at least it’s downtown area comparable in some respects to our neighbor on the west coast, Naples.
    Naples has truly kept its focus on the beauty of its two famous shopping and dining areas. It exudes richness and beauty.
    Boca is becoming a high rise haven and is in the process losing its special feeling. It now reminds me of West Palm Beach which as far as I am concerned has very little uniqueness. It makes me sad to see what has occurred and is continuing at breakneck speed.

    Reply
  2. The growth in Boca Raton is out of control and our traffic is now a nightmare similar to Ft. Lauderdale. Palmetto Park Road is becoming worse than Glades Road. The traffic and ecosystem is not keeping up with the development and residents and taxpayers are suffering the consequences. The Live Local Act is the catalyst to the problem as the City and residents have no say in what a developer does now. NONE. Our single-family community of Country Club Village is going to soon have a 341 apartment building peering into our backyards and pools…and 40% of these are designated for ‘affordable housing’. Our property values will plummet as a result. Boca is no longer charming….it is simply another overdeveloped city with a City Council who is lining their pockets.

    Reply

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