Rosso Development, Standard International & Midtown Development Secure $45.045 Million Financing From Bank OZK For The Standard Residences, Midtown Miami

Hospitality and real estate pioneers Rosso Development, Standard International, and Midtown Development have closed on a $45,045,000 construction loan from Bank OZK for the highly anticipated The Standard Residences, Midtown Miami, located at 3100 Northeast 1st Avenue. A JLL Capital Markets Debt Advisory team, led by Managing Director Brian Gaswirth and Associate Jimmy Calvo, represented the developer.

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Holocaust Museum For Hope & Humanity Proposed For 75 South Ivanhoe Boulevard In Orlando

A recent proposal presented to the Municipal Planning Board (MPB) aimed to revitalize the historic site at 75 South Ivanhoe Boulevard, nestled between North Magnolia Avenue, South Ivanhoe Boulevard, and Legion Place in Orlando. Guided by the City of Orlando and the acclaimed firm Beyer Blinder Belle Architects and Planners LLP, the initiative sought to establish the Holocaust Museum for Hope & Humanity, blending memorial architecture with educational impact. The MPB reviewed the proposal on October 19.

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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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