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Destination resort for Orlando
Pre-development funding has reportedly been secured for a US$1.2bn (0.89m euro, £0.6bn) destination resort development, situated minutes from the Disney World attraction in Orlando, Florida, US.
The lakefront resort development will be designed in the classic Italian Renaissance style of architecture and will include a 17,000sq ft (1,115sq m) destination spa.
According to Hotel & Motel Management, the loan was provided by Inland America and arranged by Broad Street Advisors.