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Developers get $125 million loan for second phase of Miami Metrorail apartments

13th Floor Investments breaks ground on residential tower at the Link at Douglas
Developer 13th Floor Investments and partner Barings are moving forward with the next phase of the Link at Douglas. (13th Floor Investments)
Developer 13th Floor Investments and partner Barings are moving forward with the next phase of the Link at Douglas. (13th Floor Investments)

Developer 13th Floor Investments and partner Barings have secured a $125 million construction loan for the next phase of the team's transit-oriented development along the Miami Metrorail’s Douglas Road station.

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