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A $13.4 million loan will go towards the development of two sites totaling 237,000 buildable square feet on 162nd Street.

Following the shoe store company's bankruptcy filing and decision to close all of its North American locations, the real estate advisory firm will manage a series of auctions.

The collateral for the Madison Realty Capital loan is a 78,318-square-foot commercial building that's over 70% leased.

The city in releasing the RFP is hopeful that the sale of the 18 acres will result in the development of mixed-use, residential or office and or hospitality and retail development on the site.

The company says its growth and expanded opportunities in the domestic infrastructure market led it to realign its organization.

i+iconUSA has more than 70 years of heavy construction experience in Pennsylvania, Maryland, Virginia and Florida, specializing in the transportation, ports and waterways and industrial markets.

The 2018 visitor total marked the eighth consecutive record year for tourism visitation in Florida, according to VISIT FLORIDA. Last year's visitation level surpassed the previous record of 118.8 million posted in 2017 by 6.2%.

Recent renovations at the property include upgraded interior finishes and the addition of a “Tenant Center”, which features a new cafeteria, conference rooms, tenant lounge and fitness center.