Episode Details

Simon Property Group is transforming the shuttered Sears site in Boca Raton’s Town Center into a massive mixed-use development featuring a 200-room hotel, 370+ apartment units, and retail space designed to feel like a vibrant main street — all after acquiring the land for $23 million. This bold move, part of a growing trend among mall owners adapting to shifting retail, comes amid controversy in South Florida, where similar projects have faced fierce local opposition and legal battles over zoning. Designed by multiple firms and built on land Simon already owns, this project signals a major pivot for the real estate giant as it reshapes outdated malls into dynamic urban hubs.

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