Tremont Realty Capital, the private equity owners of Church Street Station in downtown Orlando, plan to build a 25-story multi-use building including a hotel, parking garage and office space at the corner of South Street and Garland Avenue next to Church Street Ballroom.
Revised plans submitted at the end of April 2015 are considerably different from earlier plans filed in the summer of 2014, when Tremont asked for a 15-story building. The plans were tweaked and a new joint venture partner added since the original submission to the city, said Steven Skelley, portfolio manager at Tremont. The new proposal includes Lincoln Property's name on the plans.
An eight-story, 180 unit hotel is part of the new plans, combined with seven stories of office space, and a 10-story parking garage. Tremont is working to move the SunRail station across the street to the new building.
The city's municipal planning board is scheduled to vote on the changes in mid-June 2015.
Location: 225 S. Garland on corner of Garland and South
Boundaries: On the north by the Church Street Station Ballroom, on the east by the CSX Railroad and SunRail tracks, on the south by South Street, and on the west by S. Garland Ave.
Owner: TSLF Church Street Development LLC, a subsidiary of Tremont Capital Group, owns and manages Church Street Station where the hotel would be built.
Start Date: tentative 4th Quarter 2015
End Date: 18 month build-out.
Project Budget: $100 million
General Contractor: Not chosen
Height: 25 stories
Hotel Rooms: 180
Office space: 206,584 square feet
Retail/Lobby space: 8,239 square feet
Parking Garage: 586 spaces
Connections: Working with the Florida Department of Transportation to move the SunRail station to a new platform at the hotel.