New Joint Venture by 13th Floor Investments and Rockpoint to Develop Link at Boca in Southern Florida
In a notable collaboration, 13th Floor Investments, a well-regarded developer from South Florida, has joined forces with Rockpoint, an esteemed private equity firm based in Boston, to unveil their upcoming project, Link at Boca. This new mixed-use community is set to grace the vibrant city of Boca Raton, Florida, heralding a new era for urban living within the region.
The concept behind Link at Boca is to create a transit-oriented multifamily development that integrates residential units with lifestyle-oriented retail spaces. Scheduled to break ground in February 2026, the eight-story building will feature 340 modern residential units complemented by a substantial 24,000 square feet dedicated to retail outlets. This strategic location, adjacent to the Boca Raton Tri-Rail Station, aligns perfectly with the ongoing trend of developing walkable urban environments that offer convenience and accessibility to residents and commuters alike.
Financing for this ambitious project comes from a $100 million construction loan secured from Santander Bank. This partnership reflects the growing confidence in transit-oriented developments, showcasing the project’s potential to thrive in one of Florida's most economically resilient submarkets. Daryl Shevin, Chief Financial Officer and Principal of 13th Floor Investments, expressed enthusiasm about the collaboration, citing the importance of the venture and its alignment with robust long-term development fundamentals.
Link at Boca promises to offer a diverse selection of apartments, ranging from studios to three-bedroom units, encompassing between 600 and 1,300 square feet. The residences will include upscale features such as custom cabinetry, quartz countertops, luxury vinyl tile flooring, and expansive balconies perfect for soaking in the Floridian sunshine. The development's amenities will cater to a variety of lifestyles, boasting a resort-style pool deck, co-working spaces, a yoga studio, and much more — all designed to foster community engagement and enhance the living experience.
Positioned strategically off Yamato Road and closely linked to I-95, the development’s location in the heart of Boca Raton is nothing short of ideal. Residents will find themselves just minutes away from significant landmarks such as the Boca Raton Innovation Center and the Boca Raton Public Library, further enriching their living environment with access to recreational facilities, shopping centers, and educational institutions.
The fusion of residential life and innovative retail in this project is orchestrated to serve not only residents but also transit users and the broader Boca Raton community. The pedestrian-friendly design will encourage walkability, featuring wide sidewalks, bike paths, and beautifully landscaped courtyards that integrate seamlessly with the local ambience, reminiscent of the charm found in nearby Mizner Park.
With a robust history in real estate investment, Rockpoint is actively expanding its presence in South Florida through thoughtful, impactful developments. Since its establishment, it has invested in over 97,000 multifamily units across various projects, functioning as a critical player in the residential sector. Meanwhile, 13th Floor Investments showcases its dedication to enhancing urban living, having completed more than 4,700 residential units and managing an impressive development pipeline.
Link at Boca is poised to not only provide much-needed housing options but also stimulate local economic growth by creating job opportunities during and after the construction phase. As South Florida's cities evolve, projects like Link at Boca stand as a testament to the future of urban development, where connectivity, community, and quality living intersect harmoniously.
Leasing opportunities for retail space within the development are being led by Comras Company, ensuring that the final result resonates with both residents and visitors. Making accessible viable spaces that support innovative culinary concepts and lifestyle services will play a crucial role in crafting a vibrant community that thrives within this new development.
This venture marks a significant milestone for both 13th Floor Investments and Rockpoint, setting a paradigm for future developments in Florida and beyond. As Link at Boca prepares to break ground, anticipation builds around what promises to be a landmark establishment that redefines living in Boca Raton.