The developer of the planned Akoya Boca West condos says he’s moving full speed ahead, but after cutting prices and adding units.
Siemens Group says prices at the development west of Boca Raton now range from $830,000 to more than $2 million — a reduction from the original plan to start prices at $1.2 million. By contrast, in West Palm Beach, a condo developer’s ambitious pricing led to two record sales.
To offset lower prices, Siemens Group added units. The original plan called for 120 condos; now Akoya Boca West will have 139 units.
The condos are 1,850 square feet to 4,000 square feet. Siemens says construction will be done in early 2017.