{"id": "n-9fdd93aa38", "slug": "boca-raton-sears-at-town-center-boca-raton", "type": "big-box", "name": "Sears at Town Center Boca Raton", "aka": [], "city": "Boca Raton", "county": "Palm Beach County", "state": "FL", "country": "US", "census_division": 5, "lat": 26.35869, "lon": -80.0831, "geocode_method": "nominatim-city", "address": null, "metro": null, "original_use": "department store", "year_opened": null, "year_closed": null, "acres": null, "gla_sqft": null, "stores_peak": null, "levels": null, "original_developer": null, "original_architect": null, "before_notes": "Draft from discoversouthflorida.com, model-extracted, unreviewed: The Sears at Town Center Boca Raton, a department store that opened in 1980 and closed in 2018, is proposed to be redeveloped into a hotel, apartments, and retail with a pedestrian Main Street.", "strategy": ["redevelop"], "new_use": ["hotel", "housing", "retail"], "share_retrofit": null, "status": "proposed", "year_retrofit": null, "developer": "Simon Property Group", "architect": null, "after_notes": null, "narrative": null, "narrative_license": null, "narrative_source": null, "zoning_change": null, "public_subsidy": null, "entitlement_year": null, "planning_notes": null, "wikidata_qid": null, "wikipedia": null, "osm_id": null, "verified": "draft", "verified_by": null, "last_verified": null, "last_updated": "2026-10-18", "created": "2026-10-18", "contributor_name": null, "contributor_org": null, "contributor_link": null, "international": 0, "county_fips": "12099", "opp_score": 20.0, "opp_reasons": ["already in play: under construction, approved, or sold to a developer with housing plans", "county grew 4.2% 2018–23", "median rent $1,818", "housing in the record"], "for_sale": 0, "distressed": 0, "url": "https://retrofitatlas.org/big-box/fl/boca-raton-sears-at-town-center-boca-raton/", "events": [{"year": 1980, "date": null, "kind": "note", "detail": "opened", "source_id": 7533}, {"year": 2018, "date": null, "kind": "note", "detail": "closed", "source_id": 7534}, {"year": 2025, "date": null, "kind": "note", "detail": "acquired", "source_id": 7535}, {"year": 2026, "date": null, "kind": "note", "detail": "proposal filed", "source_id": 7536}], "sources": [{"id": 7532, "site_id": "n-9fdd93aa38", "url": "https://www.discoversouthflorida.com/blog/the-sears-at-town-center-boca-raton-is-becoming-a-mini-city/", "title": "Simon Plans Hotel, Apartments at Boca Raton Town Center Mall", "publisher": "discoversouthflorida.com", "date": null, "quote": "Sears at Town Center Boca Raton", "kind": "news", "license": null, "retrieved": "2026-10-18"}, {"id": 7533, "site_id": "n-9fdd93aa38", "url": "https://www.discoversouthflorida.com/blog/the-sears-at-town-center-boca-raton-is-becoming-a-mini-city/", "title": "Timeline", "publisher": null, "date": null, "quote": "The Sears at Town Center at Boca Raton opened in 1980 and closed in 2018.", "kind": "quote", "license": null, "retrieved": "2026-10-18"}, {"id": 7534, "site_id": "n-9fdd93aa38", "url": "https://www.discoversouthflorida.com/blog/the-sears-at-town-center-boca-raton-is-becoming-a-mini-city/", "title": "Timeline", "publisher": null, "date": null, "quote": "The Sears at Town Center at Boca Raton opened in 1980 and closed in 2018. It has been sitting empty ever since.", "kind": "quote", "license": null, "retrieved": "2026-10-18"}, {"id": 7535, "site_id": "n-9fdd93aa38", "url": "https://www.discoversouthflorida.com/blog/the-sears-at-town-center-boca-raton-is-becoming-a-mini-city/", "title": "Timeline", "publisher": null, "date": null, "quote": "Simon acquired the Sears parcel for $23 million in 2025 and filed the proposal in May 2026.", "kind": "quote", "license": null, "retrieved": "2026-10-18"}, {"id": 7536, "site_id": "n-9fdd93aa38", "url": "https://www.discoversouthflorida.com/blog/the-sears-at-town-center-boca-raton-is-becoming-a-mini-city/", "title": "Timeline", "publisher": null, "date": null, "quote": "Simon acquired the Sears parcel for $23 million in 2025 and filed the proposal in May 2026.", "kind": "quote", "license": null, "retrieved": "2026-10-18"}], "deals": [{"id": 433, "site_id": "n-9fdd93aa38", "kind": "sale", "date": null, "year": 2025, "acres": null, "sqft": null, "buyer": "Simon Property Group", "seller": null, "broker": null, "lender": null, "loan_maturity": null, "loan_status": null, "listing_url": null, "status": null, "notes": null, "source_url": "https://www.discoversouthflorida.com/blog/the-sears-at-town-center-boca-raton-is-becoming-a-mini-city/", "source_title": null, "source_date": null, "quote": "Simon acquired the Sears parcel for $23 million in 2025 and filed the proposal in May 2026.", "verified": "draft", "retrieved": "2026-10-18"}], "parties": [{"name": "Simon Property Group", "kind": "owner", "role": "developer", "year_from": null, "year_to": null}], "parcels": [], "context": {"assessment": {"what_happened": "Sears at Town Center Boca Raton (closed 2018) is proposed for redevelopment by Simon Property Group. Status: proposed (2026 proposal filed). Developer acquired site in 2025 for $23M. New use: hotel, housing, retail. Market context: Palm Beach County shows 4.2% population growth (2018–23), median rent $1,818, and housing demand (ZHVI $475k, +2.3% YoY). Nearby: 5 proposed projects within 10km (including Town Center, North Park, Palmetto Park Square). Peer redevelopments in FL score 6.0 (similar strategy, location). Unknown: Construction timeline, final approval status, housing unit targets. Record lacks current development phase details beyond proposal.", "why": "Record shows market validation (rent, growth) and cluster context, but status remains 'proposed' with no construction start date or approval confirmation.", "where_it_stands": "Proposed redevelopment with Simon as developer; market data supports housing/retail demand but no active construction or final approval.", "for_a_planner": ["Proposed cluster within 10km (Town Center, North Park, Palmetto Park Square) aligns with county housing growth."], "for_a_developer": ["Simon's $23M 2025 acquisition targets housing/retail in a growing market; peer projects show similar strategy."], "risks_and_unknowns": ["Status: proposed (not built/approved). No construction timeline or housing unit numbers specified. County growth data is historical (2018–23), not current."], "data_quality": "good", "one_line": "Proposed Simon-led redevelopment of closed Sears (2018) into housing/hotel/retail, supported by county housing demand but pending approval.", "model": "qwen3-30b-a3b-64k:latest", "machine": "Dell 5820 RTX 3090 (Ollama, qwen3-30b-a3b)", "record_sha1": "be57975bc9ef"}, "cluster": {"within_10km": [{"id": "n-0620125f68", "name": "Town Center at Boca Raton", "city": "Boca Raton", "status": "proposed", "km": 0.0}, {"id": "n-70af21a842", "name": "North Park", "city": "Boca Raton", "status": "proposed", "km": 0.0}, {"id": "m-ca5df27aed", "name": "Boca Mall", "city": "Boca Raton", "status": "built", "km": 0.6}, {"id": "n-67eb117bac", "name": "Palmetto Park Square", "city": "Boca Raton", "status": "proposed", "km": 3.1}, {"id": "n-ab15142eca", "name": "Boca Lago golf course", "city": "Boca Raton", "status": "proposed", "km": 9.8}], "count_10km": 5, "count_25km": 11}, "elevation": {"elevation_ft": 12.5, "resolution": 1, "source": "USGS EPQS (3DEP)", "retrieved": "2026-10-20"}, "food_access": {"tract10": "12099007501", "urban": 1, "lila_1_10": 0, "low_access_1mi": 0, "poverty_rate": 10.735930735930701, "median_family_income": 107778.0, "snap_households": 93.0, "pop2010": 3314.0, "source": "USDA ERS Food Access Research Atlas 2019 (ArcGIS copy)", "retrieved": "2026-10-20"}, "housing_market": {"zhvi": {"latest": 475754, "month": "2026-09", "change_1y": 0.023, "change_5y": 0.26}, "zori": {"latest": 2673, "month": "2026-09", "change_1y": 0.038, "change_5y": 0.244}, "county_fips": "12099", "source": "Zillow Research (ZHVI, ZORI)"}, "jobs_lodes": {"tract20": "12099007501", "jobs": 7596, "retail_jobs": 488, "food_accommodation_jobs": 1440, "year": 2022, "source": "Census LEHD LODES8 WAC 2022 (all jobs, primary and secondary), blocks summed to the 2020 tract", "retrieved": "2026-10-20"}, "listings": {"zip": "33432", "month": "202609", "median_listing_price": 1278500, "median_listing_price_yy": -0.3226, "active_listing_count": 323, "median_days_on_market": 89, "price_reduced_share": 0.119, "pending_ratio": 0.155, "source": "Realtor.com Research, inventory core metrics by ZIP (ZCTA at the site point)", "retrieved": "2026-10-20"}, "opportunity": {"tract10": "12099007501", "kfr_p25": 0.3552, "jail_p25": 0.0173, "kids_count": 353.9386, "commuting_zone": "Port St. Lucie", "vintage": "children born 1978-83, outcomes measured 2014-15", "source": "Opportunity Insights, Opportunity Atlas (Chetty, Friedman, Hendren, Jones, Porter 2018)", "retrieved": "2026-10-20"}, "peers": {"peers": [{"id": "n-e3fe302561", "name": "Old Sears store at Broward Mall", "city": "Plantation", "state": "FL", "score": 6.5, "why": ["same strategy: redevelop", "also in FL", "30 km away"]}, {"id": "n-8e8592da0b", "name": "Lakeside Plaza", "city": "Fort Lauderdale", "state": "FL", "score": 6.0, "why": ["same strategy: redevelop", "also in FL", "27 km away"]}, {"id": "n-980fd43c02", "name": "Carolina Golf Club", "city": "Margate", "state": "FL", "score": 6.0, "why": ["same strategy: redevelop", "also in FL", "18 km away"]}, {"id": "n-ab15142eca", "name": "Boca Lago golf course", "city": "Boca Raton", "state": "FL", "score": 6.0, "why": ["same strategy: redevelop", "also in FL", "10 km away"]}, {"id": "n-b063d68ceb", "name": "Falls Country Club golf course", "city": "Greenacres", "state": "FL", "score": 6.0, "why": ["same strategy: redevelop", "also in FL", "25 km away"]}, {"id": "n-67eb117bac", "name": "Palmetto Park Square", "city": "Boca Raton", "state": "FL", "score": 6.0, "why": ["same strategy: redevelop", "also in FL", "3 km away"]}], "method": "size, era, strategy, status, type, state, distance"}, "permits": {"county": "Palm Beach County", "2024": {"units_1": 2897, "units_2_4": 157, "units_5plus": 1035, "value_total": 1838946690}, "2023": {"units_1": 3189, "units_2_4": 171, "units_5plus": 2132, "value_total": 1723303959}, "retrieved": "2026-10-18"}, "qcew_retail": {"county": "12099", "year": 2025, "establishments": 5965, "employment": 78241, "avg_annual_pay": 47452, "lq_employment": 1.18, "employment_change_1y": -0.4, "source": "BLS QCEW 2025 annual, county, NAICS 44-45 retail trade, private", "retrieved": "2026-10-20"}, "retail_trend": {"2012": {"estab": 5250, "emp": 69334}, "2023": {"estab": 5675, "emp": 82553}, "estab_change": 0.081, "emp_change": 0.191, "county_fips": "12099"}, "schools": {"district": "Palm Beach County School District", "district_geoid": "1201500", "grades": "PK-12", "district_vintage": "SY2024-25", "public_schools_1mi": 1, "schools": ["BOCA RATON ELEMENTARY SCHOOL"], "schools_vintage": "SY2023-24", "source": "NCES EDGE", "retrieved": "2026-10-20"}, "storms": {"county": "12099", "years": "2016-2025", "events": 280, "by_type": {"Thunderstorm Wind": 84, "Hail": 53, "Flood": 49, "Tornado": 31, "Funnel Cloud": 28, "Flash Flood": 25, "Lightning": 10}, "property_damage_usd": 83633000, "deaths_direct": 3, "injuries_direct": 21, "note": "county-typed events only; events logged to forecast zones (CZ_TYPE Z: most winter, heat, flood and coastal events) are not counted", "source": "NOAA NCEI Storm Events Database, details files", "retrieved": "2026-10-20"}}, "elements": [{"slug": "use-retail", "name": "Retail (continued)", "group_": "use", "evidence": "new_use field", "origin": "record"}, {"slug": "place-mall-cluster", "name": "3+ other atlas sites within 10 km", "group_": "place", "evidence": "5 within 10 km", "origin": "computed"}, {"slug": "strategy-redevelop", "name": "Redeveloped", "group_": "strategy", "evidence": "", "origin": "record"}, {"slug": "use-housing", "name": "Housing", "group_": "use", "evidence": "new_use field", "origin": "record"}, {"slug": "place-rent-2000-plus", "name": "County typical rent $2,000+", "group_": "place", "evidence": "$2,673/mo", "origin": "zillow"}, {"slug": "use-hotel", "name": "Hotel", "group_": "use", "evidence": "new_use field", "origin": "record"}, {"slug": "finance-sold-2020s", "name": "Sold since 2020", "group_": "finance", "evidence": "2025 Simon Property Group", "origin": "research-deals"}, {"slug": "status-pipeline", "name": "Retrofit in the pipeline", "group_": "finance", "evidence": "proposed", "origin": "newtypes-extraction"}], "details": {}, "photos": [], "provenance": {"status": "newtypes-extraction", "developer": "newtypes-extraction"}, "restricted_fields": {"parcels": ["owner_addr", "assessed", "taxable", "tax_amount", "sale_price", "deed_ref"], "deals": ["price", "price_per_acre", "price_per_sqft", "loan_amount", "asking_price"], "how": "free API key: POST /api/v1/keys {\"email\": …}"}}