Hotel & Hospitality Developments

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  • Movie-themed vacation home on Reunion golf course sells for $1.6M

    Movie-themed vacation home on Reunion golf course sells for $1.6M

    A palatial, movie-themed vacation home overlooking Reunion's Jack Nicklaus golf course sold for $1.6 million recently after just 11 days on the market. Listing broker Penny Stokes-Hilton said the sellers, David and Leslie Grimm of Dublin, Ohio, worked closely with Legacy Custom Built Homes and...

  • Miami developer gets loan for dual-hotel project on South I-Drive, seeks more assets

    Miami developer gets loan for dual-hotel project on South I-Drive, seeks more assets

    Miami-based Riviera Point Development Group has secured a construction loan to begin building its dual-brand hotel project on S. International Drive, and is looking for more hotel acquisition opportunities to boost its portfolio quickly. The developer paid $3.3 million in October 2016 to enter...

  • Ferber brings Palm Pkwy site under contract, starts marketing for retail

    Ferber brings Palm Pkwy site under contract, starts marketing for retail

    South Florida-based developer The Ferber Company has approximately 25 acres under contract along Palm Parkway in Orlando's tourism corridor, with plans to capitalize on future road interconnectivity and displacement of nearby retailers.   Located just north of the intersection with Daryl Carter...

  • Peruvian investor pays $19M+ for first U.S. hotel asset, via I-Drive

    Peruvian investor pays $19M+ for first U.S. hotel asset, via I-Drive

    A Peruvian investor and founder of multiple private universities paid $19.3 million on Tuesday for his first North American hotel asset, buying a Hampton Inn in Orlando's tourism corridor.  Located at 7448 International Dr., north of the Sand Lake Road intersection and directly east of the future ...

  • Merlin Entertainments files plans for new Legoland rides slated for 2019

    Merlin Entertainments files plans for new Legoland rides slated for 2019

    Just days after opening its new Virtual Reality "Great Lego Race" coaster, Merlin Entertainments has filed plans for two new rides in the theme park. Merlin North America Project Director Keith Carr confirmed the new project for GrowthSpotter -- codenamed "Project TTKA," saying that Legoland Resort...

  • Brazilian hospitality group buys hotel near I-Drive, plans reno & rebrand

    Brazilian hospitality group buys hotel near I-Drive, plans reno & rebrand

    Principals in a small Brazilian hotel chain paid $7.5 million on Wednesday to enter the Orlando tourism corridor, buying a 190-key independent hotel along International Drive they plan to renovate and rebrand.  Located at 6825 Visitors Circle, the Continental Plaza Hotel was built in 1983 and occupies...

  • Universal files detailed design plans for second hotel on former Wet 'n Wild site

    Universal files detailed design plans for second hotel on former Wet 'n Wild site

    Universal Orlando has shared new design details on the second of two hotels planned on the former Wet 'n Wild water park property along International Drive, showing more of the resort's site orientation and landscaping along the thoroughfares.  The company filed new design documents with an Administrative...

  • Lennar files construction plans for ChampionsGate addition

    Lennar files construction plans for ChampionsGate addition

    Lennar expects to close in the next few months on the first of two major additions to ChampionsGate, a top executive told GrowthSpotter. The developer filed construction plans last week for a 30-acre site adjacent to the next phase of its ChampionsGate Country Club expansion on the north side of...

  • Rollins College preps filing of room & garage expansion plan for The Alfond Inn

    Rollins College preps filing of room & garage expansion plan for The Alfond Inn

    Rollins College is about a month away from filing plans for expansion of The Alfond Inn, the first of three new development projects to come on campus that are driven by multi-million dollar private gifts.  The college has received "a substantial" monetary gift from a donor within the past year,...

  • Local development group planning new hotel on Kissimmee's W192 corridor

    Local development group planning new hotel on Kissimmee's W192 corridor

    Hotelier Aziz Visram has teamed up with Align Commercial Real Estate for a new hotel project on Kissimmee's W192 tourism corridor. Visram previously renovated and sold the Comfort Inn Maingate at 7675 W. Irlo Bronson Memorial Highway, about a mile from Disney's Animal Kingdom. He kept an undeveloped...

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  • SC-based hotel group brings Lake Bryan site under contract, plans 'glamping' resort

    SC-based hotel group brings Lake Bryan site under contract, plans 'glamping' resort

    An affiliate of South Carolina-based developer Auro Hotels has 12 acres under contract along the southern edge of Lake Bryan, with plans in the works for Orlando's first luxury "glamping" resort in the vicinity of Walt Disney World.  Located on Lake Bryan Beach Boulevard directly east of Diamond...

  • Former condemned W192 hotel now a showpiece after $8M renovation

    Former condemned W192 hotel now a showpiece after $8M renovation

    It's been two weeks since the Hawthorn Suites Kissimmee Gateway opened, and General Manager Pauli Perera stepped out of the newly constructed lobby Friday to announce that the extended-stay hotel is fully booked. To grasp the significance of that statement, you'd have to know that a year and half...

  • Lennar Homes eyeing another 156 acres next to ChampionsGate Country Club

    Lennar Homes eyeing another 156 acres next to ChampionsGate Country Club

    Lennar Homes could be adding more land to its vast holdings in the ChampionsGate area for another major expansion of the golf resort and vacation home community. The homebuilder and its development team are scheduled to meet with Osceola County's Development Review Committee next week to discuss...

  • Golf course developer files concept plan for new Lost Oak Resort on Polk lakefront

    Golf course developer files concept plan for new Lost Oak Resort on Polk lakefront

    A new 2,909-acre golf resort in Polk County would offer three unique courses, including one that winds through a massive oak hammock and another along the shore of Lake Kissimmee, according to consultants for the proposed buyer and developer. The property just off S.R. 60 is owned by The Feil Organization...

  • Reunion developer to launch new condo community, expand water park

    Reunion developer to launch new condo community, expand water park

    The master developer of Reunion Resort expects to break ground this summer on a modern new condominium resort sandwiched between the community golf course and original water park, a lead executive told GrowthSpotter. Neil Eisner, managing director of Encore Capital Management, confirmed the project...

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