Winter Park city commissioners approved Regent this week. Rosewood Hotels & Resorts of Dallas was one of the early contenders. Terms of Regent's management contract weren't disclosed.

The project is scheduled to break ground by summer 2003. A sales office is opening on Park Avenue in Downtown Winter Park in September. Condos are expected to be priced from $1.3 million to $2 million. Premier Sales Group of Boca Raton is marketing the condos.

Langford Corp. sold the four-acre property at 300 E. New England Ave. to Langford Development for $9.95 million or $2.49 million per acre ($571 per sf), the second highest land price recorded in Central Florida for a commercial or residential property, staffers at the Orange County real estate records department tell GlobeSt.com.

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