Developer assembles land on Westwood Blvd for Tru hotel partner & more

Orlando-based Skorman Development and Construction has 11 acres under contract on Westwood Boulevard in Orlando's tourism corridor, and will flip 4.46 acres to a hotel developer that earned initial approval Wednesday on plans for a 259-key Tru by Hilton

Proposed for 6461 Westwood Blvd., south of the Orange County Convention Center's west concourse, Miami-based Epelboim Development Group and Skorman's civil engineers DRMP, Inc., have been working a hotel Development Plan through Orange County's staff review process since mid-February

While not identified as middleman developer at the time, Skorman was known to have 10 acres across two parcels under contract from Orlando Westwood Loan Associates LLC, an affiliate of BNP Paribas Bank, which acquired the land for $100,100 in September 2013 following unpaid loans by previous owner Sham Majaraj.  

Adjacent to that property is a 1-acre parcel fronting Westwood Boulevard owned by Winter Park-based Magnolia Advisors, which Skorman also has under contract. 

An approval recommendation was given Wednesday for the Tru hotel DP by Orange's Development Review Committee. Mark Kidwell, project manager for Skorman, confirmed the firm's role in the deal for GrowthSpotter, with plans to develop for Epelboim and sell them the finished hotel property. 

The three parcels under contract total roughly 11 acres, of which Skorman would retain about 6.54 acres after sale of the Tru hotel site. 

Kidwell declined to comment on when those closings may occur. Hooman Hamzehloui, founder of Masters Realty, has represented Skorman in negotiations for the parcels. 

Hamzehloui declined to comment on the deal Wednesday, as did Epelboim Development principal Noel Epelboim. 

Directly east of those properties is a 5-acre parcel on the hard corner of W. Entrance Drive and Westwood Boulevard, owned by Winter Park-based Avanti Properties Group.

Activity on that land hasn't changed since February, and remains for sale with "detailed talks underway" with parties "that are not the Skormans," said Steve Taylor, listing broker for the property with Hunter Hotel Advisors

And directly west of the BNP Paribas and Magnolia Advisors property is a 20-acre site bought in late November 2016 by developer DCS Real Estate Holdings. 

DCS was pursuing plans for a convention-level hotel tower with 1,000 to 1,200 keys on that site, but has put that project on hold to prioritize development of a 17-story JW Marriott in Bonnet Creek Resort. 

Have a tip about Central Florida development? Contact me at bmoser@growthspotter.com, (407) 420-5685 or @bobmoser333. Follow GrowthSpotter on Facebook, Twitter and LinkedIn.

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