The financing represents the largest construction loan reported in Florida history.

A newly approved project near one of Vero Beach’s busiest youth-sports destinations could add lodging, entertainment and dining options while bringing millions of dollars in new investment to city-owned property.

vero beach-three corners redevelopment rendering_original photo credit youtube 1030x385

Negotiations over one of Vero Beach’s most important redevelopment sites are continuing under a new deadline, as city officials seek greater clarity on financing and project execution before deciding how to proceed.

A proposed 75-acre development along one of Indian River County’s fastest-growing corridors could begin delivering services years before its largest component is completed, under a phased plan now taking shape.

Brightline Holdings LLC has entered a court-supervised restructuring designed to sharply reduce its debt load while keeping day-to-day operations running normally.