Boca’s Economic Development Report

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By: Jessica Del Vecchio Economic Development Manager Special to the Boca and Delray newspapers

Hair Club debuts new HQ

This month was the official ribbon cutting for Hair Club’s new corporate headquarters. Their beautiful new space is located at Palmetto Park Rd. and I-95. The 23,000-square-foot corporate office has been completely renovated and is home to 120 employees.

Alina Residences

We recently attended the groundbreaking ceremony for Alina Residences in Downtown Boca. Alina will launch its project in phases. The first phase will begin with a nine-story building.  Upon completion, the building will have 102 fully finished residences and 12 penthouses.

The units will range from one to four bedrooms, and from 1,400 to 2,800-square-feet.

The units will range in price from $1 to $6 million.

The property will include 32,000-square-feet of outdoor amenities, including a rooftop pool with private cabanas, a fitness center, yoga studio, his and her spa treatment rooms and a dog park.

Boca Business Briefs:

Founded in 2005, Greenlane Holdings recently announced the terms for its IPO on Nasdaq. They plan to raise $80 million by offering 5.3 million shares (13 percent insider) at a range of $14 to $16.

Dr. Pat Basu has been named President and CEO of Cancer Treatment Centers of America.

With a retail and delivery base of 15,000 local customers, Holistic Pet Cuisine recently won the 2019 Global Pet Expo award for the best single store retailer in the nation. We recently toured their facility and can see how they beat out the other 7,000 businesses.

Have corporate news to share or looking to relocate/expand your company to Boca Raton? Contact the city’s economic development office at economicdevelopment@myboca.us or 561-393-7761. Want to see what we are up to? Follow us on Facebook @BocaEconomicDevelopment.