Schmid Construction, a Clermont-based company, will build Bella Collina's planned condominium-hotel Siena Towers. Potential sub-contractors may bid on the project. The deadline is 2 p.m. Oct. 23.
Schmid’s contract is for about $22 million for the 225,769 square-foot project, but the total cost will be in the $30 million range, said Randall Greene, of DCS Real Estate Investments, which owns Bella Collina, an ultra-luxury community set in the hills of Lake County overlooking Lake Apopka. Dwight Schar, founder of NVR, a home building company, and owner of the Washington Redskins controls DCS.
Work available for bid includes: Site, Landscape, Retaining Wall, Fence, Concrete, Masonry, Hollow Core Planks, Stone, Structural Steel, Roofing, Millwork, Doors & Hardware, Windows/Storefront, Drywall/Metal Framing, Stucco, Flooring, Paint, Elevator, Fire Sprinkler, Plumbing, HVAC, and Electrical, Schmid said.
Potential sub-contract bidders may reach out to project coordinator, Arla Brimmer 352-243-3720 or at firstname.lastname@example.org.
Bella Collina was a victim of the real estate crash but has rebounded in the past year. Sixteen new homes, averaging $2 million each, are under construction in the community, said Greene
Other aspects of the community have been thriving as well. Bella Collina’s sumptuous clubhouse, perched on a high rolling ridge in South Lake County, has become a prime wedding spot, second only to Disney.
All that traffic has created demand for an ultra-luxe lodging space for golfers, wedding guests, and parents of the international boarding students at the nearby Monteverde Academy, Greene said.
"We have actually had to turn away some of these weddings that were a couple $100,000 in costs," because there is no on-site hotel, Greene told GrowthSpotter.
Build-out is expected to take 16 months.
The hotel will consist of two seven-story towers overlooking Lake Sienna, with 100 units total. Every unit in the hotel will have either two bedrooms and two-and-a-half baths or three bedrooms and three-and-a-half baths.
The units will be financed by the developer and sold as condominiums, GrowthSpotter first reported on Aug. 21. Greene said negotiations are underway with a few select high-end hotel chains to brand and handle a reservation system that will lease the units out for owners when they are not using them.