Search
 

Ginn Finds Money Talks in $3M Deal with School District

ORLANDO-The Palm Coast, FL developer is making an extra contribution of $1,500 per house or apartment to help build a new elementary school at his planned 1,700-acre, $1 billion mixed-use development south of Orlando International Airport near the Orange County-Osceola County boundary. Orange County approved the project after Ginn committed the funds for the school.

By Alex Finkelstein | Updated on July 11, 2002

ORLANDO-A measly $3 million handout wasn’t going to delay an estimated $1 billion mixed-use development that Robert “Bobby” Ginn, president, Ginn Development Co., Palm Coast, Fl, is planning south of Orlando International Airport.

Ginn promised the $3 million to the Orange County School Board and Orange County commissioners promptly approved the developer’s 1,700-acre project straddling State Road 417 near Boggy Creek and Wetherbee Roads and the Orange County-Osceola County boundary.

Ginn is making an extra contribution of $1,500 per house or apartment to help build a new 600-student elementary school at his development.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.