BOCA RATON, FL (Boca Post) (Copyright © 2026) — A major transit-oriented development is moving toward construction next to the Boca Raton Tri-Rail station, with developers saying they have lined up financing and expect to break ground this month.
13th Floor Investments, a South Florida-based developer, and Rockpoint, a Boston-based real estate private equity firm, announced a joint venture to develop “Link at Boca,” a mixed-use multifamily project planned on publicly owned land adjacent to the Boca Raton Tri-Rail Station. The site address listed for the project is 680 West Yamato Road.
The project is pitched as an eight-story, walkable, mixed-use environment built around rail access. Plans call for 340 residential units and about 24,000 square feet of lifestyle-oriented retail on the ground floor, aimed at serving residents, transit riders, and the surrounding community.
The joint venture said it secured a $100 million construction loan from Santander Bank to finance the build. Groundbreaking is anticipated in February, with construction estimated to take about 24 months.
Link at Boca is described as a public-private partnership with the South Florida Regional Transportation Authority, under an arrangement where 13th Floor was selected through an RFP process to lease the publicly owned land and redevelop the area around the station.
In announcing the financing, 13th Floor Investments Chief Financial Officer and Principal Daryl Shevin called it “an important milestone” and said the partners plan to deliver a “thoughtfully designed, mixed-use community that enhances connectivity and everyday life around the Tri-Rail station.”
Rockpoint Managing Member and COO Dan Domb said the firm views Boca Raton as an “economically resilient submarket” within the greater Palm Beach market, and pointed to “durable demand and supply constraints” as part of its outlook for multifamily in the area.
The apartment mix is planned as studios and one-, two-, and three-bedroom units ranging from about 600 to 1,300 square feet. The development description lists interior finishes including custom cabinetry, quartz countertops and backsplashes, luxury vinyl tile flooring, floor-to-ceiling windows, in-unit washers and dryers, and expansive balconies.
Amenities listed for the community include a resort-style pool deck, social lounge and bar, coworking spaces and private offices, a yoga studio, kids’ room, golf and virtual reality simulation room, a sauna, and an outdoor game area.
Parking is a major component of the plan. The development description includes a 650-space parking garage intended to serve residents, retail visitors, and Tri-Rail users. The project is also described as being located off Yamato Road, adjacent to I-95 and the El Rio Trail.
On the retail side, the joint venture said Comras Company is leading leasing, with a “curated mix” envisioned that includes food and beverage concepts from fast-casual to sit-down dining, plus wellness and lifestyle-oriented offerings. Available retail spaces are described as ranging from roughly 1,300 to 6,000 square feet, with some opportunities for outdoor seating integrated into a plaza and promenade.
The project’s pedestrian design is described as including wide sidewalks, bike paths, tree-lined canopies, landscaped courtyards, and water fountains, with the release comparing elements of the environment to Mizner Park.
For Boca Raton, the immediate impact is that a long-discussed concept—building housing and street-level retail directly next to a major rail stop—now has a financing package and a construction timeline attached to it. For residents and commuters, the development team is framing the project as a connectivity play: new apartments, new storefronts, and new station-area activity designed to function as more than just a park-and-ride location.
What happens next is straightforward on paper: a February groundbreaking and a roughly two-year construction window. The development team is also actively marketing retail space, signaling that the tenant mix will be a key part of how the public experiences the project once the building opens.
Stay informed on zoning proposals, City Council decisions, and major development projects shaping Boca Raton. Visit our Boca Raton City Government and Development page for ongoing coverage from City Hall and planning meetings.
