Hotel & Hospitality Developments

  • Washington D.C.-based Kettler eyes Florida market entry in Celebration

    Washington D.C.-based Kettler eyes Florida market entry in Celebration

    A Washington, D.C.-area developer that specializes in multifamily mixed-use projects is eyeing its Florida market entry via Celebration. Kettler has filed a conceptual plan for an 18.4-acre commercial parcel on Celebration Boulevard, right next to Adventist Health Sytem's new $20 million skilled...

  • Tavistock selects architect for sports & performance resort in Lake Nona

    Tavistock selects architect for sports & performance resort in Lake Nona

    Tavistock Development Company has hired international firm Arquitectonica to lead the design of its planned resort hotel in the sports and performance district of Lake Nona.  Rasesh Thakkar, senior managing director of Tavistock, said Monday during a groundbreaking for KPMG's corporate training...

  • Hotel investors under contract for historic Downtown Sanford building

    Hotel investors under contract for historic Downtown Sanford building

    Private investors have a contract to buy one of Downtown Sanford's most historic buildings and want to convert it into a 120-room boutique hotel, returning it to the original use from its opening in 1925 as the Forrest Lake Hotel. Located at 1095 E. 1st St. overlooking Lake Monroe, the building...

  • Universal files more detailed PD plans for I-Drive property, shows hotel towers

    Universal files more detailed PD plans for I-Drive property, shows hotel towers

    Universal Orlando filed detailed zoning plans this week with the City of Orlando for redevelopment of its Wet n' Wild property on International Drive, showing the prospective layout and design of hotel towers that would total 4,000 guestrooms.  The company filed a Framework Planned Development...

  • Owner plans event space expansion at Renaissance hotel near SeaWorld

    Owner plans event space expansion at Renaissance hotel near SeaWorld

    California-based Sunstone Hotel Investors is planning an expansion of ballroom-area meeting space at the Renaissance Orlando at SeaWorld by nearly 40 percent of its current capacity. Located at 6677 Sea Harbor Dr., the 781-room resort lies directly across the street from SeaWorld's main theme park...

  • Homeless advocate buys Liberty Inn Motel on W192, embarks on full renovation

    Homeless advocate buys Liberty Inn Motel on W192, embarks on full renovation

    After more than two years of leasing the Liberty Inn Motel, homeless advocate George Valldejuli paid $1.45 million on Monday to buy the 40-year-old property. Valldejuli had been operating his nonprofit Home for the Homeless Foundation out of the 65-room motel, using it as transitional housing for...

  • Four Corners Bus Tour highlights booming economy, challenges from rapid growth

    Four Corners Bus Tour highlights booming economy, challenges from rapid growth

    After taking a one-year hiatus, the Osceola Kissimmee Chamber's Four Corners Bus Tour led participants through a whirlwind of new developments on Wednesday in a rapidly growing submarket. "Today we're seeing things that we were only talking about two years ago on the last tour," Four Corners Area...

  • Plan for Downtown Sanford hotel faces triad of challenges

    Plan for Downtown Sanford hotel faces triad of challenges

    John Revelle's plans to open a boutique hotel in an historic building in Downtown Sanford is a goal that has long been championed by city supporters. But if he is to deliver, he'll need to overcome several obstacles. Revelle, who lives in Maitland and formed Sanford Hotel Group LLC in February,...

  • Brazilian group prepping Four Corners site for large multifamily project

    Brazilian group prepping Four Corners site for large multifamily project

    A Brazilian investment group led by engineer Odilon Monterio has applied to rezone a 20-acre parcel on the Westside Boulevard corridor for a new multifamily development. Monteiro is a veteran civil engineer in Sao Paulo and a lead executive with real estate-focused engineering firms Pozam Engenharia...

  • Artegon owner preps own mixed-use redevelopment concepts for I-Drive mall

    Artegon owner preps own mixed-use redevelopment concepts for I-Drive mall

    New York-based Lightstone Group is working with VHB, Inc., on its own mixed-use redevelopment plans for the 104-acre Artegon Marketplace property on N. International Drive, after nearly nine months of marketing the asset for sale.  Envisioning a mix of retail-commercial, hotels and multifamily...

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  • AD1 Global chooses flags for new hotel trio, gets change within PD approved

    AD1 Global chooses flags for new hotel trio, gets change within PD approved

    Hollywood-based hotel owner-operator AD1 Global has flags lined up for a trio of select service hotels proposed on 57-plus acres in southwest Orange County near Four Corners, and will seek a general contractor and lender in the coming months, a lead executive with the company told GrowthSpotter. ...

  • Developer builds assemblage in SE Lake Nona, plans neighborhood retail center

    Developer builds assemblage in SE Lake Nona, plans neighborhood retail center

    South Florida-based Futura Development Company paid a combined $3.05 million on Tuesday for the second and third parcels of a tripart assemblage in Southeast Lake Nona, with plans to develop its first mixed-use neighborhood retail center, the company's president told GrowthSpotter. The three parcels...

  • Developer plans new 17-story luxury resort for Bonnet Creek property near Disney

    Developer plans new 17-story luxury resort for Bonnet Creek property near Disney

    Plans are being fast-tracked for the first new luxury hotel neighboring Disney World property since 2014, a prospective 17-story JW Marriott in Bonnet Creek Resort that would boast highway frontage and access to the theme parks.  Randall F. Greene and DCS Real Estate Holdings, the South Florida...

  • Tampa developer plans 2nd Downtown Orlando hotel near ORMC

    Tampa developer plans 2nd Downtown Orlando hotel near ORMC

    A Tampa-based developer is pursuing city approvals to build its second hotel in South Downtown Orlando serving the Orlando Regional Medical Center and its surrounding campus, just as its first property reaches stabilization.  Development entity 51 Columbia Hotel Property LLC is a newly-created...

  • Delaware Hotel Group pays $2M for Motel 6 at Kissimmee Maingate

    Delaware Hotel Group pays $2M for Motel 6 at Kissimmee Maingate

    Delaware Hotel Group owner Mike Khatiwala has acquired his 20th hotel property and first in Florida with the purchase last week of the corporate-owned Motel 6 Kissimmee Maingate West for $2 million. The 147-room motel at 7455 W. Irlo Bronson Memorial Highway sits on 3.2 acres just west of Reedy...

  • Amenities expansion underway at HGVC's Las Palmeras hotel on Universal Blvd

    Amenities expansion underway at HGVC's Las Palmeras hotel on Universal Blvd

    Owner and management of the 226-key Las Palmeras by Hilton Grand Vacations are starting an amenities expansion at the timeshare property, with plans for a new activity center, splash pad, two-story pool waterslide, expanded lounge seating and grass-covered event space. Located at 9501 Universal...

  • Orlando Health to build ER & medical complex at Tupperware SunRail site

    Orlando Health to build ER & medical complex at Tupperware SunRail site

    Tupperware Brands and Orlando Health officials jointly announced plans for a new $32 million free-standing emergency room and medical pavilion on Osceola Parkway, across from the new Tupperware SunRail station that opens in 2018. "They want to be turning dirt by October," Tupperware Vice President...

  • Ritz-Carlton Orlando planning $6.6M in renovations to lobby, bar & more

    Ritz-Carlton Orlando planning $6.6M in renovations to lobby, bar & more

    New York-based investment firm the Blackstone Group is preparing to spend more than $6.6 million at The Ritz-Carlton Orlando, Grande Lakes this year on interior renovation work to its lobby, lobby bar and lounge, terrace area and more.  Located at 4012 Central Florida Parkway, the 14-story, 582-key...

  • Canadian developer planning $8 million multifamily conversion of W192 hotel

    Canadian developer planning $8 million multifamily conversion of W192 hotel

    Montreal-based developer Aldo Coviello said it will take a good architect, a lot of money and some magic to convert a shuttered hotel on Kissimmee's W192 corridor into a modern apartment building. But that's what he intends to do. Coviello, president of Aldo Construction, said he has a contract...

  • Lincoln Property Company pays $11M for site of Tremont Plaza tower, ballroom

    Lincoln Property Company pays $11M for site of Tremont Plaza tower, ballroom

    An affiliate of Lincoln Property Company paid $11 million on Friday for the Downtown Orlando site of its planned 28-story mixed-use Tremont Plaza tower project, acquiring with it the popular Ballroom at Church Street that could be redeveloped in the future.  Located at 225 S. Garland Ave., roughly...

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  • Kissimmee resort owners planning new retail at E192 and FL Turnpike interchange

    Kissimmee resort owners planning new retail at E192 and FL Turnpike interchange

    The owners of the Flamingo Waterpark Resort on E192 at the Florida Turnpike interchange are moving forward with plans to build a shopping and lifestyle center in front of the hotel. Miami-based Blue Road paid $9 million in 2014 to buy the 245-room full-service hotel, and has invested another $2...

  • Margaritaville developer talks new signage & tech details for Kissimmee resort

    Margaritaville developer talks new signage & tech details for Kissimmee resort

    Margaritaville Resort will create a trio of landmark entrances on U.S. 192 through its sign package that will be photo-ops for years to come, developer Jim Bagley told GrowthSpotter on Thursday. "We expect to bring a Vegas-style entertainment sign package that’s very compelling and very tasteful,...

  • Lennar may expand Storey Lake with former Westgate parcel

    Lennar may expand Storey Lake with former Westgate parcel

    Lennar Homes may be looking to expand its vast Storey Lake community in Kissimmee with land previously slated for a WestGate Resorts timeshare community. The 73-acre site is immediately south of Storey Lake, and behind the Super Target on W192 in Kissimmee. Lennar has a purchase contract for the...

  • I-Drive hotel owner has prime commercial outparcel, looking for CRE broker

    I-Drive hotel owner has prime commercial outparcel, looking for CRE broker

    Tampa-area hotelier Ben Mallah is still in the market for a local CRE broker to help him "find the right fit" for an outparcel he's creating in front of the  Four Points by Sheraton Orlando on North International Drive. "Calling all brokers," Mallah told GrowthSpotter on Monday. "I don't care if...

  • Osceola negotiating with Salamander Hotels for expansion of Reunion Grande

    Osceola negotiating with Salamander Hotels for expansion of Reunion Grande

    Oscoela County officials are in preliminary discussions with Reunion Resort management for a conference hotel expansion and luxury spa valued at more than $100 million at the Four Corners golf resort. "For Salamander, we focus on luxury, and that means minimum four-star," said Prem Devadas, president...

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