GrowthSpotter

  • Developer file plans for new mixed-use timeshare project along South I-Drive

    Developer file plans for new mixed-use timeshare project along South I-Drive

    Developer Vincent Desai is looking to build a new mixed-use project along South I-Drive that can introduce up to 708 new timeshare units to the rapidly growing tourism sector there.  Robby Joshi of the architecture firm ARCHENICS filed a pre-app request with Orange County to discuss development...

  • Ohio hotelier planning a new Staybridge Hotel near UCF campus

    Ohio hotelier planning a new Staybridge Hotel near UCF campus

    Toledo-based Key Hotel & Property Management looks to be eyeing a second hotel site near UCF after entering the Orlando market in late 2018. Last December Key affiliate Ultra LLC bought property near SeaWorld that had county-approved plans for a pair of 135-key, extended-stay hotels. Ultra paid...

  • People to Know: George Chen, Formosa Winery

    People to Know: George Chen, Formosa Winery

    What’s George Chen’s title? GrowthSpotter caught him off guard with that question. “I’m a person who has always done different things throughout life – titles have never mattered to me,” he laughs. “Just use my first name.” The list of options is long:  Entrepreneur. Importer. Hotelier. Developer....

  • Banner breaks ground on downtown Orlando's newest apartment tower

    Banner breaks ground on downtown Orlando's newest apartment tower

    Construction is now underway on Downtown Orlando's next luxury apartment tower overlooking Lake Eola, and developer Banner Real Estate Group expects to be able to deliver the first units in late 2020. "We've got all our permits and and crews fully mobilized today," Banner's development director,...

  • Investment fund run by Blackstone Group exec buys Maitland Center offices

    Investment fund run by Blackstone Group exec buys Maitland Center offices

    A fund that invests on behalf of Tony James, the vice chairman of one of the world's largest private equity firms, Blackstone Group, just paid $33.5 million for the Reserve at Maitland office complex in Eatonville.  According to a deed recorded Thursday in Orange County, Jefferson River Capital,...

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