But Orlando-based Zom Inc. has not only found the land but the right hotel as well to convert into a multi-million-dollar property.

Zom is breaking ground this week on a $48 million renovation of the 65-year-old, 40-room Victor Hotel in the 1100 block of Ocean Drive.

When Zom is through with the facelift, the property will be a 91-room hotel with interior designing by Jacque Garcia, the Paris specialist who designed the Danube restaurant in New York City; Le Passage lounge in Chicago; and Hotel Costes in Paris. The original Victor, opened in 1937, was designed by art deco architect L. Murray Dixon.

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