arts
Steve Ross buying Boca Raton’s ex-IBM campus, plots mixed-use “micro city”
By The Real Deal
· June 17, 2026
· 1 min read
Steve Ross, the billionaire developer who is reshaping West Palm Beach, has set his sights on Boca Raton’s former IBM campus, the state’s largest single office complex, seizing on existing approvals for a mixed-use project. Ross is nearing closing on a deal to purchase the 1.7 million-square-foot Bo
Key takeaway Related Ross, the West Palm-based real estate firm Ross founded in 2024, confirmed the firm plans to buy […]This article originally appeared on The Real Deal.
Why this matters in The Miami
The potential redevelopment of the Boca Raton Innovation Campus into a mixed-use "micro city" has implications for Miami , particularly in terms of regional growth and development. As a major hub for Latin American and Caribbean communities, Miami may see an influx of new residents and businesses relocating from Boca Raton, potentially altering the demographic landscape of neighborhoods like Little Havana and Wynwood. The success of such a project in Boca Raton could also inform and influence urban planning decisions in Miami, where similar mixed-use developments are being considered for areas like Brickell and Miami Beach. Furthermore, the involvement of a prominent developer like Steve Ross may draw attention to the challenges and opportunities of redeveloping large, outdated office complexes in South Florida, an issue that Miami-Dade County is likely to face in the coming years.
About this story
Original reporting by The Real Deal . The Miami surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit The Real Deal . Have a tip or correction? Contact our newsroom .
Category: arts ·
Published: June 17, 2026 ·
Source: The Real Deal ·
Reading time: 1 min
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Frequently asked about this story
What is this story about? Steve Ross, the billionaire developer who is reshaping West Palm Beach, has set his sights on Boca Raton’s former IBM campus, the state’s largest single office complex, seizing on existing approvals for a mixed-use project. Ross is nearing closing on a deal to purchase the 1.7 million-square-foot Bo
When was this published? This article was first published on June 17, 2026 by The Real Deal and curated for The Miami readers.
Who reported this story? This story was reported by The Real Deal. To learn more about how The Miami selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more arts coverage from The Miami, or browse our daily briefing and topic hubs .
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