Commercial real estate investors and developers are hankering to be near Orlando International Airport as brokers predict OIA will be the number one busiest airport in the next 10 years.
The Aloma United Methodist Church closed it doors last month after its nearly 7-acre site in Winter Park drew multiple bids for the property.
The Orlando developer has filed engineering plans for the first of five phases for the 578-lot subdivision in Lake County's U.S. 27 corridor.
The land sat undeveloped for more than 20 years, but is now slated for up to a million square feet of new industrial space.
The redesign allows the Mayflower Retirement Center to increase the number of new apartments by 25 percent.
Both hotels are in prime locations on Osceola County's W192 tourism corridor, a market desperately in need of affordable housing.