Boynton Beach officials have agreed to fast-track $7 million to the builder of a long-delayed $100 million apartment complex in anticipation of voters approving a statewide property tax cut in November.
The city’s elected officials on July 14 approved granting the tax money to Fort Lauderdale-based Affiliated Development for its 300-unit apartment building with restaurants, shops and offices at Federal Highway and Ocean Avenue called The Pierce. Officials have been trying for years to build what they call a downtown in the area.
The Pierce will be built in an area overseen by the city’s Community Redevelopment Agency, which is tasked with rejuvenating blighted neighborhoods. Its district’s boundaries encompass much of eastern Boynton Beach along Federal Highway…