Tuesday, December 25, 2007
BOCA RATON A condo conversion project once known for its promised luxury and
later
more notorious for the years it lay untouched and unfinished, might now become
an age-
restricted apartment complex known as Parc at Eden.
Eden developer Ceebraid-Signal submitted a new preliminary plan Friday for the
never-
completed condo conversion project across from city hall on Palmetto Park Road.
The plan
shows a total 193 independent-living units and 86 assisted-living units.
n September, Atlanta developer Roy Dickson, with Parc Communities, said he
would take
over the four-building complex and transform it into a luxurious rental
community.
It would have a media center, a workout center and a dining facility, and would
consist of
independent-living as well as some assisted-living units.
The buildings, at 300 W. Palmetto Park Road, are now separated but would be
connected
and upgraded to have a fully automatic fire sprinkler system.
Those are the features Dickson spoke of then. Now they are no longer mere
suggestions:
they are part of the plan the city received last week. It will be discussed by
city staff Jan. 3
at 9:30 a.m. in the second floor conference room in city hall.
According to an agreement with the city dated Sept. 21, Eden representatives
were
required to submit any modified plans for the project within 90 days, a period
that ended
Friday. Also at that time, they were supposed to post a $250,000 letter of
credit.
Ceebraid submitted the plans but failed to post the letter of credit. The city
has sent the
developer a letter of default giving it 15 more days to do so.
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