New 22-Story Residential Tower Will Offer 312 Transit-Oriented Rental Apartments Seamlessly Connected to Miami’s Metrorail System

MIAMI, FL - Miami’s newest transit-oriented apartments are now available for lease at CORE Link at Douglas, a new 312-unit residential tower which will offer premium amenities, unmatched connectivity, and a central location near the City’s hottest shopping, dining and entertainment destinations. Slated to open in August at 3060 SW 37th Avenue, CORE will become the first tower to open at Link at Douglas, a 7-acre mixed-use development being developed adjacent to Miami’s Metrorail and The Underline linear park. The project is being developed by a joint venture between Miami-based real estate developers 13th Floor Investments and Adler Group, in partnership with global investment manager Barings.

Located along US-1 and Douglas Road, CORE – and the overall Link at Douglas development – is perfectly situated at the confluence of Coral Gables and Coconut Grove, two of Miami’s greatest neighborhoods. The University of Miami is a short bike ride away, and countless restaurant, retail shops and entertainment options are within close proximity, including the Shops at Merrick Park and CocoWalk. The transit-oriented development offers direct access to Miami-Dade County’s Metrorail system, the Miami-Dade bus lines and the Coral Gables Trolley, making car-free living a viable option for residents and connecting neighboring communities such as Coral Gables, Coconut Grove, Brickell, Downtown Miami and the Health District. Directly underneath the property, residents can enjoy outdoor workout activities along The Underline, a 10-mile linear park under development that spans from Downtown Miami to South Miami.

“We are excited to deliver our first building at Link at Douglas. With CORE, we wanted to set a new standard for those who want a more connected lifestyle,” said Aaron Stolear, Associate Vice President of 13th Floor Investments, on behalf of the joint venture development team. “At CORE, residents will lease apartments but will ‘live’ at the building – the amenities are just that spectacular.”

The 22-story residential building will feature studios, one-, and two-bedroom apartments with upscale finishes and panoramic city views. Leasing rates will start at $1,690 for studios, $2,090 for one-bedrooms and $2,790 for two-bedrooms. As part of a special pre-leasing promotion, CORE is offering one month free for new renters, with an additional second month free for those signing a lease without a car and planning to utilize the development’s nearby transit access.

CORE residents will enjoy lifestyle amenities such as a rooftop pool deck with stunning views, poolside grilling, private cabanas, as well as a fitness center with a yoga studio, business center and media room. A social lounge will come complete with billiards, shuffleboard, ping pong, and a furnished seating area centered on a fireplace. Other amenities include secured package room, bike storage, and Wi-Fi in all common areas.

Apartments will feature private balconies, floor-to-ceiling windows and a modern design that offers ample natural light. Residences are designed with luxury plank flooring, granite countertops, modern kitchen hardware and appliances, an in-home washer and dryer, and porcelain shower walls.

CORE will be followed by CASCADE, an adjacent 36-story multifamily tower set to open at Link at Douglas in mid-2022, which will feature a 25,000-square-foot Milam’s Market on the ground-floor level. All told, the Link at Douglas development’s master plan will encompass 1,422 residential units, over 32,000 square feet of retail space, a 280,000-square-foot office building, and a public plaza that connects with The Underline.

CORE’s ownership has selected The Bozzuto Group to provide property management, including full-service concierge, 24-hour maintenance, resident app, monthly resident events and its signature away-from-home services of plant care, newspaper delivery and in-home package delivery. Bozzuto Management has been ranked #1 for online reputation for six years in a row.

For leasing information, please visit www.coreatlink.com or call 833-581-1194. Follow CORE Link at Douglas on social media @COREatlink on Facebook and Instagram.

About 13th Floor Investments: 13th Floor Investments is a Miami, Florida based investor, owner, developer, and manager of real estate properties.  Adhering to a strict value-investment thesis, the firm seeks to generate superior, risk-adjusted returns for its investors while actively mitigating risk. Through its family of real estate fund vehicles, the firm acquires and develops real estate across all asset classes across the state of Florida, both directly and through strategic partnerships with like-minded firms. 13th Floor has invested over $536MM of equity in 48 transactions since 2008, representing a total estimated project value of over $2.10 billion. Current assets within the company’s portfolio include: transit-oriented developments (Motion at Dadeland and Link at Douglas); luxury condominium developments (The Harbour and 1010 Brickell); multifamily developments (Sereno at Bay Harbor, The Boulevard, and The Reserve at Coconut Point); single family home communities (Central Parc, Manor Parc and Arbor Parc); and commercial property (Highland Park Center and 3650 Design Plaza).

About Adler Group: Adler Group is a multigenerational real estate company headquartered in Miami, Florida that offers a full range of services that leverage the strength of the organization's experience to maximize the value of its real estate assets. Throughout its 60-year history, Adler Group has developed and acquired over 20 million square feet of industrial, office, and retail real estate and over 8,000 residential units. Through its operating entities, Adler owns and manages approximately two million square feet of commercial real estate throughout the greater Southeast and has over 2,000 multifamily units under development.  Recently completed multifamily projects include the 467-unit Shorecrest Club in Miami, the 250-unit Pearce at Pavilion in East Tampa, and the 294-unit Motion at Dadeland.  Projects under development include CORE (312 units / 6,000 square feet of retail) and CASCADE (421 units and 25,000 square feet of retail) of the multi-phase Link at Douglas project (Miami), and the multi-phase mixed-use redesign of the Miami Riverside Center, the administrative headquarters of the City of Miami, which once completed will host a new 300,000 square foot office building, 428 multi-family rental units, 30,000 square feet of retail and two luxury condo towers.

About Barings: Barings is a $326+ billion* global investment manager sourcing differentiated opportunities and building long-term portfolios across public and private fixed income, real estate, and specialist equity markets. With investment professionals based in North America, Europe and Asia Pacific, the firm, a subsidiary of MassMutual, aims to serve its clients, communities and employees, and is committed to sustainable practices and responsible investment. *Assets under management as of March 31, 2021

About Bozzuto: The Bozzuto Group is an experience-focused real estate company distinguished by their innovative developments, dedicated customer service, and top-rated workplace culture. With award-winning expertise in homebuilding, multifamily development, construction and management, Bozzuto is devoted to delivering extraordinary experiences for those they serve. Since their founding in 1988, Bozzuto has developed, acquired and built more than 50,000 homes and apartments. Celebrating 33 years of creating sanctuary for their residents, Bozzuto currently manages 85,000 apartments and 3 million square feet of retail space along the East Coast, including Washington, D.C., Baltimore, Philadelphia, New York City, Chicago, Boston and Miami. The company recently announced its expansion to the West Coast.

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