Rosewood Hotels & Resorts of Dallas will manage the property. Condos will be priced from $1.3 million to $2 million.
The project will be Winter Park's first hotel development in 30 years. The estimated per-room hard construction cost for a total 175 units is $400,000 per unit, the highest in recent hotel construction annals, industry estimators tell GlobeSt.com.
Fort Lauderdale developer Mark Ellert, president of Interlink Hospitality Corp., is expected to close on the property this fall if Winter Park city council approves his plans for the new Langford Resort Hotel.
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