Beztak Companies, in conjunction with Wexford Real Estate Investors LLC (WREI), has announced the $12.65 million acquisition of a 4.1 acre site located within the AMTEC Business Park in Boca Raton.

The partnership will develop an eight-story, 277 unit multifamily apartment community, located off Congress Avenue and Clint Moore Road.

The project, named Bocora, is currently in pre-development and construction is expected to begin in late summer of 2022.

The 282,850 sq. ft. community is expected to boast two courtyards, a swimming pool with sundeck and cabanas, private sitting areas, an outdoor kitchen, private party areas, fitness center, cyber café, on-site dog park and grooming area, and a six-story parking garage.