MSD Partners, the investment firm affiliated with billionaire Michael Dell, has received city approval to construct an 8-story, 76-unit luxury condominium tower inside the grounds of The Boca Raton — the 140-acre resort property on East Camino Real that traces its origins to Addison Mizner's 1926 Cloister Inn and remains the city's anchor luxury hospitality address.
The project will bring two- to five-bedroom full-ownership residences to a campus that has historically operated as a hotel-only destination. Per the resort's announcement, the building will include a rooftop pool deck, spa garden, golf terrace, and a dedicated private residents' club. Unit owners will also receive access to The Boca Raton's broader resort amenity stack — the beach, golf, spa, and dining operations that anchor the larger property.
MSD Partners acquired The Boca Raton — then operating as the Boca Raton Resort & Club — and oversaw a significant property-wide renovation that included a rebrand to the current name. The 140-acre footprint is large enough to absorb a new residential tower without displacing existing hotel or amenity infrastructure, a logistical position that most South Florida resort properties cannot hold.
The 76 units across 8 stories represent a deliberately contained residential count for a resort of this scale. A project this size — averaging roughly nine units per floor — is structured for high per-unit value rather than sales volume, and the five-bedroom ceiling on unit configurations reinforces that orientation. Pricing has not been disclosed.
City approval, per the resort's announcement, is the clearest milestone the project has cleared to date. The announcement does not include a construction start date, a sales launch window, an architect credit, or a projected delivery year. Those details remain outstanding.
Adding a private residential component to an operating luxury resort ties buyers to deeded real estate while delivering hotel-grade services they do not have to manage directly. At The Boca Raton, that access is layered onto a campus with a century of operating history — a provenance that a blank-site luxury tower cannot replicate and that functions as a core element of the residential pitch.
The disclosures to watch next: a formal sales launch, per-tier pricing, design team credits, and how MSD Partners intends to sequence construction activity around The Boca Raton's active resort calendar.
