Shalimar at Boynton Beach is unfolding in Palm Beach County, FL. Sources report that city officials approved the venture in July 2022, and it’s presently in its design phase. The mixed-use venture will offer 250 apartments spread across 10 buildings measuring three to four stories above grade, per the South Florida Business Journal.
Shalimar at Boynton Beach would offer one-bedroom to three-bedroom homes. The development would also offer two retail buildings measuring 4,300 square feet total, as well as a 9,850-square-foot clubhouse. Other communal amenities comprise a swimming pool, electric car charging stations, and a lake.
The venture could be located in this general area.
The community could cost just under $95 million to complete. TM Real Estate Group (TMREG) is the developer. Based in Coral Gables, the organization presently has four active projects, including Shalimar East and Shalimar West in Broward County, FL. MSA Architects designed Shalimar at Boynton Beach.
Conceptual renderings show low-rise buildings in a modern architectural style. Some homes come with balconies and garages. The South Florida Business Journal notes that the developer purchased the 12.5-acre build site for $16 million in late 2021. Some sources report that construction could start on the community in 2023, although this hasn’t been confirmed by any government offices.
Shalimar at Boynton Beach is located at Boynton Beach Boulevard and Knuth Road, Boynton Beach, Florida, 33426, in Palm Beach County.
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