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Exclusive: Unicorp lines up $40 million in financing for local retail development

·2 min read
Exclusive: Unicorp lines up $40 million in financing for local retail development
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Centennial Bank is providing a $40 million loan for Unicorp National Developments Inc.'s 127,277-square-foot, $100 million-plus Celebration Pointe mixed-use development. The project, which is in Celebration near Interstate 4 and World Drive, kicked off construction in August and is expected to wrap up in roughly 12 months as a single phase, Unicorp National Developments President Chuck Whittall told Orlando Business Journal. "It's hard to beat having that address, with World Drive, Celebration Avenue and Interstate 4 right there," Whittall said.