Eden (Boca Raton, FL)
By Joseph Santini, Luxury Waterfront Expert
(Mizner Grande Realty - Boca Raton, Florida Waterfront Expert)
We are all familiar with the Eden Condominium that has been sitting half finished for a long time. Well the good news is that it is now being completed and turned into a luxury rental property.  All of the people who originally bought apartments there have been compensated so they can finally move on with their lives.  Things started to move with this problem project as soon as the Florida Attorney General got involved.
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By Joseph Santini, Luxury Waterfront Expert
(Mizner Grande Realty - Boca Raton, Florida Waterfront Expert)
The City Council will hold a special meeting on July 27, 2009 at City Hall to help decide their future relationship with Ceebraid-Signal, the developer of the Eden Condominium project. The Eden has been half completed and sits at 300 W. Palmetto Park Rd.  Its a huge eyesore and the people who closed and are living on the property really got a bad deal and deserve some relief at this point. Its been five years.
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By Highland Beach Condos David Serle, Boca Raton Agent David Serle
(RE/MAX Services)
  The building formerly known as "The Eden" has been renamed The Pearl.  Located on Palmetto Park Road West of Dixie Hwy, the building has gone through 2 names, hurricane damage, and 3 proposed projects.  First it was going to be a condominium project, but when that failed in 2006, they were going to redesign the building to be an age restricted condominium project, but now it is going to be a rental condominium project with tons of amenities.  The better news is apparently it is going to be completed by September of 2009.  At least that is what the permit calls for.  It has been eye sore for 2 years now with only 1 of the 4 buildings done.  When completed with its great location "The Pearl" and its 248 rental units will be a mainstay of downtown Boca from years to come.
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By Joseph Santini, Luxury Waterfront Expert
(Mizner Grande Realty - Boca Raton, Florida Waterfront Expert)
The Eden Condo in Boca Raton has been sitting on Palmetto Park Rd. unfinished for a very long time but according to the developer, Ceebraid-Signal out of West Palm Beach the end may be in sight.  With all the delays and plan changes its hard to really know whats happening with the complex which is a big eyesore and has caused many problems for the people who purchased a unit in there.  The latest plan has the developer buying back all the units and then turning the whole complex into a luxury rental community. Whatever they decide I hope it happens fast so everyone can move on and we don't have to look at the unfinished development anymore.  Definitely a tough time for everyone involved.
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