Rockpoint Joins Boca Raton TOD Project
After some delays, the project is scheduled to break ground this month.
Rockpoint has teamed up with 13th Floor Investments for the development of Link at Boca, a 340-unit mixed-use, transit-oriented community in Boca Raton, Fla. The venture also recently secured construction financing: Santander Bank provided a $100 million loan.
The project, which is a public-private partnership with the South Florida Regional Transportation Authority, faced some delays prior to Rockpoint joining. The development was previously planned to break ground last summer, but the new schedule points to construction work starting later this month. Link at Boca is now slated for completion in 2028.
The eight-story community will take shape at 680 W. Yamato Road, on some 8 acres, in a designated Difficult Development Area. It will encompass studio, one-, two- and three-bedroom apartments, ranging from about 600 to 1,300 square feet. Of these, 15 percent will be affordable. The mixed-use building will also include 30,000 square feet of ground-floor retail, with Comras Co. handling leasing on that front.
Shared amenities will comprise a rooftop pool, a social lounge, coworking and private office areas, a yoga studio, a kids room and a 650-space parking garage.
Adjacent to the Boca Raton Tri-Rail Station, Link at Boca will border Interstate 95 Express to the south. Florida Atlantic University and Boca Raton Airport are both about 1 mile away. Close-by retail options include a Costco Wholesale some 2 miles north and an Aldi 2 miles to the east. A few dining options are accessible within walking distance to the west.
