xml:space="preserve">
xml:space="preserve">
Advertisement

Dual Choice-branded hotel being prepped along Colonial Drive in west Orange County

A recently completed Comfort Inn and MainStay Suites hotel in Coeur d'Alene, Idaho.
A recently completed Comfort Inn and MainStay Suites hotel in Coeur d'Alene, Idaho. (Choice Hotels)

Hotel developer Chih Yuan Yu is prepping a site in west Orange County to fit a new dual-branded Comfort Inn and MainStay Suites hotel.

Yu is seeking to annex properties at 11401 W. Colonial Dr. and 945 Marshal Farms Rd. into the city of Ocoee in order to receive city potable water connection and benefits, according to city documents. Plans call for the parcels to receive a C-2 zoning classification upon annexation.

Advertisement

Currently, the properties feature an A-1 (Rural/Agricultural) zoning and are mostly vacant, despite a small nearly 1,000-square-foot warehouse.

Through entity, 888 American Way LLC, Yu paid $788,700 for the parcel on Colonial Drive in July. The parcel along Marshal Farms Road is under contract.

Learn which investor new to I-Drive hotels is doubling down on American Way, who the architect is, and the wide-open opportunity for a general contractor.

Together, the land spans about 2.4 acres just northwest of where the Florida’s Turnpike intersects with S.R. 429. It sits in a historically industrial area, and is located right before the gateways into both downtown Ocoee and downtown Winter Garden along Plant Street.

Earlier in December, the city’s Development Review Committee voted unanimously to move the project forward. The annexation and rezoning request goes before planning and zoning officials Dec. 10.

This would be Yu’s second hotel development in the Orlando metro. He’s currently in the midst of completing a Wyndham Garden hotel on a cul de sac near the intersection of North International Drive and South Kirkman Road.

In 2015, he paid $7.5 million for a Super 8 motel directly across the street at 5900 American Way. Yu also manages that property.

SSC Construction is the contractor for the most recently proposed Comfort Inn and MainStay Suites hotel.

The MainStay Choice Hotels brand is an extended hotel option that allows guests to live in a room for weeks at a time. Its Comfort brand is one of its most popular franchises with more than 1,600 properties in the United States and over 2,100 internationally.

Yu was not immediately available to comment.

Have a tip about Central Florida development? Contact me at arabines@GrowthSpotter.com or (407) 420-5427, or tweet me at @amanda_rabines. Follow GrowthSpotter on Facebook, Twitter and LinkedIn.

Advertisement
Advertisement
Advertisement