Hotel & Hospitality Developments

  • Xenia files plans to expand ballroom at Hyatt Regency Grand Cypress

    Xenia files plans to expand ballroom at Hyatt Regency Grand Cypress

    Orlando-based Xenia Hotels & Resorts filed plans on Thursday to expand its ballroom space at the Hyatt Regency Grand Cypress in Lake Buena Vista by more than one third, fulfilling a promise last year to make the property more competitive for group travel.  Xenia's Development Plan filed with Orange...

  • Local investor takes down 10 acres near Vineland Outlets, eyes hotel developers

    Local investor takes down 10 acres near Vineland Outlets, eyes hotel developers

    Affiliates of local real estate investor Wayne J. Hilmer Sr. paid more than $5 million on Thursday for nearly 10 acres east of Vineland Premium Outlets, with one hotel buyer under contract and two more hotel pads being pushed. Located north of the Publix-anchored Regency Village shopping center,...

  • Partner in Artegon mall ownership talks redevelopment vision, success of outlets

    Partner in Artegon mall ownership talks redevelopment vision, success of outlets

    Redeveloping the 104-acre Artegon Marketplace property that sold on Tuesday should start late this year by filling the mall with unique new entertainment anchors, and may try to replicate the retail success of nearby outlet malls, a partner in the buyer group told GrowthSpotter.  David Goldfarb,...

  • NY developer files revived plan for Le Meridien hotel near OCCC

    NY developer files revived plan for Le Meridien hotel near OCCC

    New York-based developer and property manager Empire Equities has revived a dormant deal to bring Starwood's Le Meridien flag to Orlando's tourism corridor, filing plans Thursday for a 300-room hotel on a site it bought five months ago. The company filed its new Development Plan with Orange County...

  • Caribe Royale Orlando hotel owner pursues plans to double convention center space

    Caribe Royale Orlando hotel owner pursues plans to double convention center space

    California-based owners of the Caribe Royale Orlando hotel want to double the property's convention center meeting space, filing plans to expand the resort's footprint onto adjacent land.  Located at 8101 World Center Dr., 1.5 miles east of Walt Disney World, the 11-story hotel built in 1996 features...

  • iSquare developer faces third lender lawsuit, second Ch. 11 filing on local CRE assets

    iSquare developer faces third lender lawsuit, second Ch. 11 filing on local CRE assets

    A third lender has filed for foreclosure against the developer of the proposed iSquare Mall + Hotel project on International Drive for another local retail property, who in response opened a second Chapter 11 bankruptcy case to shield an affiliate's real estate.  The latest commercial foreclosure...

  • Illinois developer planning mixed-use project on Westside corridor

    Illinois developer planning mixed-use project on Westside corridor

    Illinois developer Eli Steinhardt is planning a live-work community near ChampionsGate on Osceola County's Westside Boulevard corridor. The owner of Steinhardt Builders has applied to rezone 44 acres of Wheeler Farms' orange grove on the county line to Commercial Tourist zoning for the first phase...

  • Crystal Homes launching new townhome resort, apartments near Reunion

    Crystal Homes launching new townhome resort, apartments near Reunion

    Orlando-based Crystal Homes is bringing more luxury vacation townhomes and apartments to the booming ChampionsGate-Reunion submarket.  President Constantinos Zavos told GrowthSpotter that horizontal construction is now underway for Crystal Ridge, a 126-unit townhouse resort community on C.R. 532...

  • Hilton Orlando preps renovations & new addition to pool-area amenities

    Hilton Orlando preps renovations & new addition to pool-area amenities

    Owners of the Hilton Orlando near International Drive are planning a multi-million dollar renovation of the hotel's pool-area amenities, meant to reinvigorate dormant space and capitalize on the corporate travel market.  The 1,418-room hotel on the corner of Destination Parkway and International...

  • Shingle Creek Resort expansion's next phase prepped for two new staff bldgs

    Shingle Creek Resort expansion's next phase prepped for two new staff bldgs

    Rosen Hotels & Resorts is pursuing permits to break ground in 2018 on the second phase of a multi-phase expansion at its Shingle Creek Resort, with plans for two new staff support buildings.  The company filed construction permit requests on Dec. 21 with Orange County for a four-story, 133,680-square-foot...

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  • NJ hotelier buys Crosslands outparcel for new hotel, restaurant in Kissimmee

    NJ hotelier buys Crosslands outparcel for new hotel, restaurant in Kissimmee

    After marketing the hotel site at Kissimmee's Crosslands shopping center for more than two years, Tupperware found a buyer right before Christmas. New Jersey-based Pinnacle Hospitality Group paid $2.65 million last week for the 3.5-acre outparcel at the shopping center's Orange Blossom Trail entrance,...

  • Kissimmee motel behind giant orange on W192 sells for $5.25M

    Kissimmee motel behind giant orange on W192 sells for $5.25M

    Longtime Kissimmee hotelier Johnson Young sold the 158-room Travelodge Suites behind the giant, orange-shaped gift shop on W192 this week for $5.25 million. Young built the hotel in 1991 and has operated it through his family-run hospitality business ever since. The family also owns and manages...

  • AD1 Global files plan & PSP for hotel trio, shared water park in SW Orange

    AD1 Global files plan & PSP for hotel trio, shared water park in SW Orange

    Hollywood-based hotel owner-operator AD1 Global has firmed up plans for a trio of select service hotels on 57-plus acres in southwest Orange County near Four Corners, filing a joint Development Plan and Preliminary Subdivision Plan on Friday with Orange County. The developer first floated a conceptual...

  • Zenodro Homes signs world-famous architect for new Four Corners resort

    Zenodro Homes signs world-famous architect for new Four Corners resort

    Zenodro Homes founder Lusant Ordonez has engaged world-renowned architect Carlos Ott to design his newest vacation home resort in the Four Corners area of Lake County. "The gentleman who designed the opera house in Paris is designing our product," Ordonez told GrowthSpotter, noting he wants to...

  • Bankruptcy court approves Disney-area hotel sale for $8.55M to Sarasota group

    Bankruptcy court approves Disney-area hotel sale for $8.55M to Sarasota group

    Sarasota-based Finergy Group will officially acquire the long-closed Magnuson Grand hotel on Kissimmee's W192 tourism corridor before the end of the year. U.S. Bankruptcy Court Judge Karen Jennemann signed an order Dec. 7 approving the buyer and an $8.55 million sale price. That started a 14-day...

  • Newgard buys new apts near Margaritaville to relaunch as Airbnb product

    Newgard buys new apts near Margaritaville to relaunch as Airbnb product

    A mystery surrounding the location of the first Niido powered by Airbnb apartments in Kissimmee has been solved, and reveals a deliberate misdirection campaign by the developer over the past three months. Miami-based Newgard Development, which announced in mid-October it was teaming up with the...

  • Ohio-based hotel group pays $15M to enter Orlando market near UCF

    Ohio-based hotel group pays $15M to enter Orlando market near UCF

    Ohio-based Emerald Hospitality Associates paid more than $15 million on Tuesday through an investment affiliate to enter the Orlando market, buying the 122-key Hilton Garden Inn Orlando East/UCF Area, with another $1.5 million in renovations planned.  Located at 1959 N. Alafaya Trail, about 1.5...

  • Two new hotels fronting Sanford I-4 intersection near county approval

    Two new hotels fronting Sanford I-4 intersection near county approval

    Plans for two new hotels near Sanford that were announced 20 months ago are back on track, according to one of the developers. Local hotelier Jayesh Patel said he is nearing approval from Seminole County to build a 120-room Holiday Inn Express and an 86-room Home2 Suites by Hilton at 4750 West...

  • Houston hotel investor pays $17.1M to enter Greater Orlando market via Apopka

    Houston hotel investor pays $17.1M to enter Greater Orlando market via Apopka

    A Houston-based hotel owner-operator paid a combined $17.1 million last month to enter the Greater Orlando market, buying two select-service hotels in Apopka with plans to renovate thoroughly in 2018. Located at 321 S. Lake Cortez Dr. and set on S.R. 436 near Interstate 4, investment affiliate Icon...

  • Park Square lines up national gym tenant, hotel pad buyer for UCF-area retail site

    Park Square lines up national gym tenant, hotel pad buyer for UCF-area retail site

    Park Square Enterprises has a national fitness center tenant under contract for the anchor space of its planned Park Square Plaza near UCF, and is now pursuing rezoning and subdivision to facilitate a hotel pad sale.  When Park Square Homes CEO Suresh Gupta bought the 12.5-acre site in the 12000...

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  • Celebration couple to open 56-acre 'glamping' resort on U.S. 17-92 in Polk

    Celebration couple to open 56-acre 'glamping' resort on U.S. 17-92 in Polk

    After getting a great deal on 56 acres of woodland property right on U.S. 17-92 in Polk County, Joe and Christina Ganley are banking on the growing demand for ecotourism to open Campfire Resort. The resort is planned to include up to 200 fully amenitized RV lots, cabins, tree houses, "glamping"...

  • Brazilian developer plans flex warehouse on US 17-92 in Polk

    Brazilian developer plans flex warehouse on US 17-92 in Polk

    A Brazilian developer is planning to build 108,000 square feet of flex office/warehouse space on U.S. 17-92 in Polk County.   Haroldo de Barros purchased the 12-acre acre parcel five years ago under his U.S. affiliate Danpol Development. He wants to develop the business park in two phases, with...

  • Architect's 48-hour redesign effort saves Brazilian group's hotel plan near I-Drive

    Architect's 48-hour redesign effort saves Brazilian group's hotel plan near I-Drive

    Brazilian hotel owner-operator Grupo Atlantico has scrapped and redrawn plans within the past week for its first North American hotel in Orlando's tourism corridor, led by an architect's 48-hour design binge to keep the project on schedule.  When Grupo Atlantico bought the 2.35-acre site at 5871...

  • Sanford Airport Authority to chart plan for hotel development by December

    Sanford Airport Authority to chart plan for hotel development by December

    The Sanford Airport Authority (SAA) should decide in December how to move forward with bringing a hotel to property near the entrance to Orlando Sanford International Airport, after it terminated a contract earlier this year with a private developer for failure to perform. The primary questions...

  • Mount Dora-based developer preps new Aloft hotel site in Lake Buena Vista

    Mount Dora-based developer preps new Aloft hotel site in Lake Buena Vista

    Mount Dora-based Southern Hospitality Management & Development has its second Orlando hotel site under contract in the Lake Buena Vista submarket, with plans for a new Aloft next to a Holiday Inn Express it currently has under construction. The developer filed a Development Plan on Tuesday with...

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