Alysha plans a five-story, 100-room hotel on a 3.6-acre site fronting Lakeview Center, a medical office venture on U.S. 441 north and across the highway from the $129 million, six-story Florida Hopsital Waterman which is completing the office component of the 350,000-sf project. Tavares, Lake County's government seat, is 30 miles northwest of Downtown Orlando.

The hotel's hard construction cost is projected at about $80,000 per room or an estimated $8 million total for the job, local construction industry estimators tell GlobeSt.com on condition of anonymity. Alysha principals couldn't be reached at GlobeSt.com's publication deadline.

The hotel is scheduled to open by October 2003. The hospital's office construction and formal opening of the venture is tentatively set for summer 2003.