Hotel & Hospitality Developments

  • New plans forward commercial & industrial development for 196-acre Infinity Park

    New plans forward commercial & industrial development for 196-acre Infinity Park

    Tavistock Development Company has pushed forward with plans to subdivide and develop infrastructure for its 196-acre "Infinity Park" property near Orlando's tourism corridor, with roughly half the site forecasted for large-scale industrial buildings.  Located with frontage on S. John Young Parkway,...

  • Georgia-based family pays $13.5M+ for hotel duo near Orlando airport

    Georgia-based family pays $13.5M+ for hotel duo near Orlando airport

    A Georgia-based family of hotel investors paid a recorded $13.5 million on Friday for two neighboring limited-service hotels near Orlando International Airport.  Located at 3835 McCoy Road and three miles northwest of the airport's main terminal, the partially joined Clarion Hotel and Econo Lodge...

  • Epelboim begins clearing new hotel site near OCCC, scouts Orlando for more land

    Epelboim begins clearing new hotel site near OCCC, scouts Orlando for more land

    Miami-based Epelboim Development Group began clearing its first new hotel site in Orlando's tourism corridor last week, and is actively scouting land in four more local submarkets as part of a 25-asset growth plan over the next five years.  Planned for 6461 Westwood Blvd., directly southeast of...

  • Taurus nears permit & groundbreaking on Phase 1 of Apopka City Center

    Taurus nears permit & groundbreaking on Phase 1 of Apopka City Center

    Site work on the first-phase hotel at Apopka City Center should begin in the third quarter by developer Taurus Southern Investments, with key widening of public roads by the city to follow before year's end, a lead executive with the company told GrowthSpotter.  Apopka's City Council reviewed a...

  • Demand for contemporary, flexible meeting space fuels wave of hotel expansions

    Demand for contemporary, flexible meeting space fuels wave of hotel expansions

    Forget the busy floral carpets and Grandma’s chandelier on steroids. Increasingly, today’s hotel meeting spaces are clean-lined, contemporary, high-tech and wired for continued evolution. Orlando just recently broke its own travel record, hosting 72 million visitors in 2017. As such, it’s little...

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  • Mattamy Homes prepping for next phase of Solara Resort on Westside

    Mattamy Homes prepping for next phase of Solara Resort on Westside

    Mattamy Homes delivered its first vacation homes in Solara at Westside this month, and now the homebuilder is prepping for the next phase of its first short-term rental resort community. Orlando Division President Alex Martin told GrowthSpotter that since launching the community last summer, Mattamy...

  • Lennar pays $16M for major expansion of vacation homes at Storey Lake Resort

    Lennar pays $16M for major expansion of vacation homes at Storey Lake Resort

    Lennar Homes paid $16 million this week to buy 323 acres of vacant land adjacent to one of its top-selling communities: Storey Lake Resort. "It's a successful community for us, and we had a relationship with the land owner," Orlando South Division President Brock Nicholas told GrowthSpotter on...

  • ContraVest pursues lakefront apts site from Egyptian seller along South I-Drive

    ContraVest pursues lakefront apts site from Egyptian seller along South I-Drive

    Altamonte Springs-based multifamily developer ContraVest has part of a 51-acre lakefront parcel under contract along S. International Drive, with the Egyptian land owner retaining the balance for future commercial and hospitality development options. The builder and manager of market-rate apartment...

  • NY-based CRE group pays $18.9M to enter Orlando hotel market near MCO

    NY-based CRE group pays $18.9M to enter Orlando hotel market near MCO

    Affiliates of New York-based commercial property investor The Crest Group paid a recorded $18.9 million on Thursday to enter Orlando's hotel market, buying the 135-key Staybrige Suites Airport South. Located at 7450 Augusta National Dr., just northeast of the intersection of Semoran Boulevard and...

  • Alabama-based developer files plans for four hotels at Flamingo Crossings

    Alabama-based developer files plans for four hotels at Flamingo Crossings

    A vertically integrated hotel development and management group has filed plans for four new hotels totaling nearly 1,000 rooms in the Flamingo Crossings submarket, a month after the Walt Disney Company began refining plans and seeking contractors for its Flamingo Crossings retail center. Located on...

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