CLIENT NEWS: Developers Breaking Ground Soon On Two Additional 39-Story Towers At Metrorail Station
March 6, 2023The developers of Link at Douglas announced that they are now moving forward with plans for the second and final phase of the project.
13th Floor Investments and Adler Group are partnering on the project. In a press release this week, the developers said they plan to break ground in late 2023.
Miami-Dade records show that the second phase received planning approval last year.
According to plans submitted to county planners, the upcoming second phase is planned to include two 39-story towers, with approximately:
- 870 multifamily units
- 81,885 square feet of office
- 1,620 square feet of commercial uses
- 1,012 parking spaces on levels 2 through 9
Both towers will top off at 443 feet above sea level.
The first phase included the 22-story Core apartment building (312 units, completed August 2021) and 37-story Cascade apartment building (421 units, completed January 2023), along with a Milam’s Market and 708 parking spaces.
When both phases are complete, there will be a combined 1,603 residential units and 1,720 parking spaces – all newly built since 2021.
The developers are also completing more than $17 million in public infrastructure improvements, including a fully renovated Metrorail station, and the development of a public plaza that connects with a section of The Underline linear park.
The developers entered into a ground lease with Miami-Dade for the publicly-owned land, in exchange for privately-funded transit and infrastructure upgrades around the Douglas Road Metrorail station. All told, Link at Douglas is expected to generate $800 million in new revenue for Miami-Dade County over the life of the lease.
“As Miami-Dade County’s population continues to experience rapid growth, we need to come up with forward thinking ways to reduce road congestion and that begins with connecting people with alternative forms of transit,” said Arnaud Karsenti, Managing Principal of 13th Floor Investments.
The completion of Link at Douglas’ first phase was commemorated at a celebratory event on Monday, February 27, 2023.
“Link at Douglas is a model for the future of development and mobility in Miami-Dade County. The project will enable more residents to live, work and play without having to worry about traffic or parking, while helping to offset expenses, reduce emissions and promote increased ridership on our Metrorail system,” said Eulois Cleckley, Director and CEO of the Department of Transportation and Public Works for Miami-Dade County.
