{
  "id": 14139893,
  "title": "Michael Dell-backed firm spent $375m upgrading Boca Raton resort; 40% condos sold",
  "url": "https://urgent.news/2026/10/13/michael-dell-backed-firm-spent-375m-upgrading-boca-raton-resort-40",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-13T06:39:51.000Z",
  "source": {
    "name": "Times of India",
    "slug": "times-of-india",
    "url": "https://timesofindia.indiatimes.com/technology/tech-news/in-2019-a-michael-dell-backed-firm-bought-the-boca-raton-resort-for-875-million-and-later-spent-about-375-million-upgrading-it-now-40-of-its-first-75-luxury-condos-have-been-claimed/articleshow/134909997.cms"
  },
  "original_language": "en",
  "account": "A $375 million renovation program is transforming The Boca Raton resort into a luxury residential destination in Florida. Approximately 40% of the planned 75 high-end condominiums have already been sold, according to reports. The Michael Dell-backed firm behind the project spent about $375 million upgrading the property since acquiring it for $875 million in 2019. The development aims to blend luxury real estate with the resort's existing amenities and services, including a butler service, rooftop pool, spa, gym and members-only lounge. Prices for the first residences start at $8.95 million and go up to over $20 million. The residential complex, designed by Hart Howerton and with interiors by Pembrooke & Ives, is expected to be completed by 2029.",
  "summary": "An impressive $875 million investment is set to transform The Boca Raton resort into a luxurious haven of residential condominiums. With around 40% of these high-end residences already reserved, pricing starts at $8.95 million and can exceed $20 million. This revitalization forms part of the resort's centennial celebrations scheduled for 2026, with construction commencing the same year and…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}