The Mizner Plaza Hotel, a proposed hotel development near Boca Raton’s Mizner Park, is moving forward to the city’s Planning Board. Spearheaded by entrepreneur and philanthropist couple James H. and Marta T. Batmasian, the project would replace the aging Mizner Plaza shopping center, built in 1969, and several other low-rise structures at 132 and 190 NE 2nd Street. Plans call for two multi-story hotel buildings, retail and restaurant space, and a new public park on a city-owned parking lot. On August 21, 2025, city staff will review the sale of the property for the park and consider approval for the hotel’s design and construction.
According to the application, the project would feature two 12-story buildings designed by HdA Architects, offering 242 luxury rooms ranging from 380 to 1,100 SF. Guests can enjoy a multitude of amenities including pool decks on the fourth and twelfth floors, as well as ground-floor and rooftop dining. The development includes 18,840 SF of retail space and 10,600 SF of restaurant space on the first two floors, plus 5,400 SF for a rooftop restaurant: bringing the total commercial space to 34,840 SF.
To serve both hotel guests and retail visitors, the Mizner Plaza Hotel will include on-street and underground parking, totaling 400 spaces across the project. Because the new public park will replace an existing city-owned parking lot and some on-street spaces, 27 parking spaces will be relocated within the garage and along the street to maintain availability.
The project is designed with pedestrian experience as a top priority, according to the development’s representative. “Pedestrian accessibility was a paramount consideration for this project,” the representative wrote, noting that the plans “incorporated walkways and connections on all sides of the property to enhance downtown mobility for the community.” The site will be planned with a wide boulevard-like pedestrian walkway, immense greenery, and a bike lane for mobility.
According to elevations provided by the architect, both buildings will rise 141 FT above ground. The facades will feature an all-glass curtain wall system with transparent glass balconies. The east building includes a sloped facade, creating setbacks and generous balcony space for residents.
Before the project can proceed, the sale of the city-owned property must be finalized. The land was appraised at $2.37 million by the city, but the Batmasians are requesting a full discount, citing the cost of replacing parking spaces and building the new park. However, city staff rejected a 100% reduction, instead setting the purchase price at $883,558 with a 10% deposit required before the sale can move forward. The agreement also outlines that the land will not officially sell until all improvements are completed, and construction must begin within two years of the sale’s approval.