An Orlando developer has revised plans for a townhome community in the city’s Hourglass District. Originally proposed in February 2024, plans initially called for 44 three-story townhomes measuring 45 feet tall.
Forté Development has secured a $47.5 million construction loan from 360 Capital Funding for its luxury boutique waterfront community, Forté Luxe, in Jupiter, Florida. The loan, finalized on July 3, 2024, will finance the development of this project. Alfonso Jurado is the architect, Interiors by Steven G. handles interior design, and KAST Construction is the general contractor. Douglas Elliman Development Marketing is the exclusive sales team.
An affiliate of New York-based Kimco hopes to get the greenlight for a residential venture in the Oakwood Plaza redevelopment project in Hollywood. The complex, which would take shape on a vacant 2.42-acre plot, would measure eight stories above grade and offer 282 apartments.
Miami-based developer Fortune International Group has acquired a 46,373-square-foot site at 1210 Brickell Ave and secured a $36,080,000 pre-development loan for the ORA by Casa Tua project. The loan, provided by Amerant Bank, marks a significant step forward in development. Fortune International Group purchased the site from Miami-based Patagonian Investment Internacional LLC and is now set to prepare the site for construction, with groundbreaking expected to begin in 2025.
Orlando Union Rescue Mission hopes to transform a vacant 4.77-acre property into transitional housing for homeless individuals. The proposed project would comprise three three-story buildings, offering 36 units each—108 homes total.
