A JV between Miami-based real estate developers 13th Floor Investments and Adler Group has completed the first phase of Link at Douglas, a 7-acre master planned development that has transformed Miami-Dade County’s Douglas Road Metrorail Station into a mixed-use transit hub at the confluence of Miami’s Coral Gables and Coconut Grove neighborhoods. Now complete and open to the public, the project’s first phase encompasses two residential towers with a total of 733 apartment units.
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Pre-Leasing Launches For Cascade Luxury Rentals At Link At Douglas
The demand for upscale living near accessible transportation hubs in Miami is stronger than ever as connectivity and location are highly desired attributes. Cascade – the second multifamily tower to be delivered within the seven-acre Link at Douglas masterplan development – is redefining luxury living with this notion. Set adjacent to the Douglas Road Metrorail Station, The Underline linear park, and the city’s main thoroughfare of US-1, the transit-oriented property has officially commenced pre-leasing.
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Tricera Capital And 13th Floor Investments Secure Lease With Echelon Fitness to Anchor The Boulevard's Retail Component
Tricera Capital, leading the retail efforts at The Boulevard, finalized a lease with a high-profile on-demand exercise firm to anchor the ground-floor retail component. The Boulevard, a 294-unit luxury apartment building, is being developed by 13th Floor Investments in partnership with both Wexford Capital and Tricera.
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Lerner Acquires Motion at Dadeland High-Rise Multifamily For $114 Million
The Maryland-based Lerner Enterprises has acquired Motion at Dadeland for $114 million from the development partnership of 13th Floor Investments, Adler Group and Barings. Lerner received a loan from capital managed by KKR to finance the acquisition.
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CORE Apartment Tower Opens At 13th Floor Investments And Adler Group's Mixed-Use Link at Douglas
13th Floor Investments and Adler Group’s 312-unit, transit-oriented CORE residential tower is now open and welcoming residents, marking the first building to deliver within the 7-acre Link at Douglas mixed-use development adjacent to the Miami-Dade Metrorail and The Underline linear park.
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The Transit-Oriented Mixed-Use Development CORE Link at Douglas Launches Leasing
The transit-oriented CORE Link at Douglas, a new 312-unit mixed-use multifamily tower, has launched leasing at the intersection of Coconut Grove and Coral Gables. Slated to open in August at 3060 SW 37th Avenue, CORE will become the first tower to open at Link at Douglas.
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Lennar Acquires 209 Home Lots In Delray Beach's Avalon Trails Community From 13th Floor Homes
Lennar Corp. (NYSE: LEN) has acquired 209 home lots from an entity tied to 13th Floor Investments in the Avalon's Trails community in Delray Beach for $27.64 million. The price pans out to roughly $132,000 per lot and the seller may be eligible to participate in the success of the project where homes are priced from the mid-$300,000’s.
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13th Floor Investments & Adler Group Lock Down $99 Million In Construction Financing For 2nd Tower At Link at Douglas
Miami-based real estate developers Adler Group and 13th Floor Investments have finalized a $99 million loan that will open the door to the construction of a second tower at Link at Douglas, a 7-acre master-planned development that will transform Miami-Dade County’s Douglas Road Metrorail Station into a mixed-use transit hub with residential, retail and commercial office uses.
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13th Floor Investments & Tricera Capital Go Vertical On The Boulevard In Mimo
13th Floor Investments and Tricera Capital have commenced vertical construction on The Boulevard. The apartment rental building will offer 283 apartment units, 35,855 SF of restaurant space, 13,485 SF of retail space and 517 parking spots.
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13th Floor Investments & Adler Group Break Ground On The Transit Oriented Link at Douglas
13th Floor Investments and Adler Group have broken ground on one of Miami’s most anticipated transit oriented development, Link at Douglas. The development team is beginning site work this month and vertical construction of the development’s first phase is expected to begin this summer (2019).
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