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$168 Million Construction Loan Secured For Phases II & III Of Glasshouse At O-Town West In Orlando

Centennial Bank has closed on a $168 million construction loan to finance Phases II and III of Glasshouse, a luxury multifamily development within O-Town West in Orlando by Unicorp National Developments, Inc. Located at 11804 Glass House Lane, the project will encompass more than 900 residences across three five-story buildings, with the newly financed phases delivering 591 units and building upon the 309 units completed in Phase I, which is already more than 90 percent leased. Construction for Phases II and III is set to begin this month, with completion anticipated within 30 months. The new financing brings the cumulative lending relationship between Centennial Bank and Unicorp to over $1 billion, marking a decade-long partnership characterized by consistent collaboration and delivery.

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Plans Filed With Miami’s Urban Development Review Board For Midtown Park At 3055 North Miami Avenue In Midtown

Rosso Development and Midtown Development, under the RM MP DEV VENTURE LLC, have filed plans with the City of Miami’s Urban Development Review Board for Midtown Park, a multi-tower mixed-use development set to rise across two phases at 3055 North Miami Avenue in Miami’s Midtown neighborhood. Encompassing approximately 1.17 million square feet, the proposal reveals the full vision for a long-anticipated project that will introduce residential, office, retail, and recreational spaces across several new structures designed by Arquitectonica. 

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