Brightline, the only provider of modern, eco-friendly, intercity rail in America, is pulling back the curtain on Central Florida’s latest attraction, Brightline’s Orlando Station. Brightline has released a video and renderings of the future station, located at Orlando International Airport, that will connect millions and regionalize the state.
Read MoreThe Allen Morris Company And Xenel International U.S.A. Launch The Residences At Xentury City In Osceola County
The Allen Morris Company, one of the largest diversified real estate firms in the Southeast, and Xenel International U.S.A., a diversified company and long-term landowner, have launched Residences at Xentury City, a $75 million multifamily development located in Osceola County.
Read MoreBrightline And Disney Announce Plans To Build A Train Station In Walt Disney World Connecting To Orlando International Airport And Miami
Brightline has recently announced a plan to build a new train station at Walt Disney World in Orlando, connecting directly to Orlando International Airport and Miami. Brightline, who currently operates trains between Miami and West Palm Beach, has been seeking expansion to Orlando since launching in 2018.
Read MoreAztec Group Arranges $12 Million In Financing For Publix-Anchored Kirkman Oaks Shopping Center
Aztec Group, Inc. has secured $12 million in non-recourse financing for Kirkman Oaks Shopping Center in Orlando, Florida, overseen by Brell Tarich and Charles Penan. Kirkman Oaks is an 98,000-square-foot neighborhood retail center anchored by Publix Supermarket and Davita Dialysis.
Read MoreAmerican Landmark Acquires 624-Unit Multifamily Portfolio From RADCO For $100.5 Million
American Landmark has acquired the recently renovated Radius Winter Park and Ashford at Feather Sound communities in Casselberry and Clearwater, FL from the Atlanta-based RADCO Companies. The 624-unit portfolio traded for $100.5 million and the transaction was overseen by CBRE.
Read MoreVirgin Trains Announces Aventura, PortMiami & Boca Raton Stations Will Open In October 2020
Virgin Trains has announced that both the Aventura, PortMiami and Boca Raton stations are expected to come online in October 2020. Formerly known as Brightline, the train line is now in negotiations with Orlando entertainment parks and venues for a 2nd Orlando station while the Orlando International Airport station remains on schedule.
Read MoreBrightline Locks Down Final Approvals For Phase 2, To Begin Construction To Orlando In 2018
Brightline can finally begin construction on Phase 2, their new line of tracks to Orlando after gaining federal approval from the U.S. DOT for the transit line. Construction on Phase 2 is expected to kick off in early 2018. Service is expected to soon commence between Fort Lauderdale and West Palm Beach, adding service to Miami soon after.
Read MoreHyperloop One Announces Hyperloop Florida Connecting Miami to Orlando in 26 Minutes
Miami to Orlando could become one of the first opporating Hyperloop routes in the country, connecting the two cultural hubs in a mere 26 minutes. The current travel time between the two cities is 3 1/2 hours by car or 1 hour by plane. The route was proposed as a finalist by Hyperloop One, the company developing the world's first Hyperloop, who has been working closely with the Florida Department of Transportation. From the final routes, the company will select two or three to build first. The Miami to Orlando loop would open up transportation not only for tourists, but also for cargo from Port of Miami. It would also allow for further expansion to Atlanta and Chicago. In Hyperloop One, passengers and cargo are loaded into a pod which is accelerated with electric propulsion in low-pressure tubes. The first routes considered are among the most high-traffic routes in the country for both trade and tourism.
“Hyperloop One is the only company in the world building an operational commercial Hyperloop system. This disruptive technology – conceived, developed and built in the U.S. – will move passengers and cargo faster, cleaner and more efficiently. It will transform transportation as we know it and create a more connected world,” said Rob Lloyd, CEO of Hyperloop One.