Miami Fort Lauderdale, FL, June 17, 2026 —

Steve Ross Nears Deal for Former IBM Campus in Boca Raton

Billionaire developer Steve Ross is reportedly close to finalizing a deal to acquire the former IBM campus located in Boca Raton. The expansive office complex is slated for redevelopment into a mixed-use property.

Plans indicate that the site will be transformed into what is described as a “micro city” through additional construction. Further details regarding the specific scope of the additional construction or the timeline for the project were not immediately available.

The former IBM campus represents a significant parcel of real estate in Boca Raton. The proposed development by Ross, a prominent figure in real estate and sports ownership, signals a new chapter for the property, shifting its focus from a traditional office environment to a more comprehensive mixed-use destination.

Story summarized from the original created by TRD Staff on therealdeal.com, see more information here.

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