Orlando

Orlando International Airport Sets Stage for Terminal C’s Phase Two Expansion

In a recent move signifying growth, the Greater Orlando Aviation Authority greenlit a contract on October 18th, laying the groundwork for the next expansion phase of the newly inaugurated Terminal C at Orlando International Airport. As per the Orlando Business Journal, the authority responsible for managing both Orlando International Airport and Orlando Executive Airport endorsed a $1.09 million contract with Ricondo & Associates. This Chicago-based aviation consultancy, with a branch in Orlando, will commence outlining the development trajectory for the terminal’s forthcoming phase. Envisioned plans suggest the potential to more than double the existing gates of the south terminal. Currently, the terminal boasts 15 gates, with an additional four in the pipeline and various facilities.

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Developers Secure $24M Construction Loan For 1.9-Acre ‘The Flats Orlando’ Condo-Hotel Resort, Designed By ODA Architecture

Florida-based developer Urban Network Capital Group (UNCG) has acquired a $24 million construction loan from LV Lending to develop The Flats Orlando, a 1.9-acre condo-hotel resort near Orlando’s central area. The development is a collaborative effort with ZKC and Tivoli Cove Capital. The project is expected to be completed by 2025.

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Shoma Group Announces 16-Story Mixed-Use Tower At 550 Mariposa Street In Downtown Orlando

Miami’s Shoma Group is gearing up for its upcoming project, 550 Shoma, a 1.146-acre mixed-use development set to rise in the heart of Orlando, Florida. Situated at 550 Mariposa Street in the downtown area, the development will feature 223 expansive one-, two-, and three-bedroom rental apartments ranging from 756 to 1,472 square feet and adaptable live/work units spanning approximately 1,229 square feet. The esteemed architectural firm Baker Barrios has been entrusted with the design, ensuring a seamless integration of modern aesthetics and contemporary living spaces in this future 16-story tower, accompanied by a spacious parking garage for 425 vehicles. It promises to offer diverse living options and approximately 17,160 square feet of retail space, including a Shoma Bazaar, a culinary and beverage destination.

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Brightline Begins High-Speed Rail Service Between Orlando And Miami

On September 22, Brightline’s passenger rail service between Orlando and Miami officially commenced. The inaugural train, named Bright Pink, arrived in Orlando at 11:05 a.m., warmly welcomed by over 500 elected officials, business leaders, community partners, and company executives from across the state. This celebration served as an emphatic statement regarding the boldest private infrastructure project in the nation and represents the revival of Henry Flagler’s original vision for the Florida East Coast Railway. A project a decade in the making, Brightline’s launch is poised to revolutionize train travel in America, presenting a model for connecting city pairs that are too close to fly between and yet too far to drive.

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