GlobeSt.com UPDATE: Lauderdale Developer Plans to Revive Landmark Langford Hotel

ORLANDO-The late Robert E. Langford, a Chicago-born developer/investor who built Orlando area’s first air-conditioned hotel in 1956, is probably smiling today as he learns his shuttered 213-room hotel property is headed for reincarnation as a five-star, $70-million, 150-room, 25-condominium complex in affluent Winter Park, an Orlando suburb.

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.