O'Leary will oversee management activity at the 2,300-acre Reunion Resort & Club of Orlando, under development in Davenport, FL, and the 1,000-acre Hammock Beach condominium community in Palm Coast, FL. O'Leary plans to have a fulltime staff of 400 professionals by yearend and grow the new division to 1,200 employees by 2006.

The corporate growth plans for the privately held company are the most ambitious announced in metro Orlando in the past three years. "Hospitality is a key growth area for our company," Ginn says. "We are determined to provide the finest guest experience as our resorts grow."

Reunion Resort is expected to open by yearend. Ginn claims it is the top-selling new community in Central Florida with 2002 sales of $28.8 million. The sales comprised 211 lots for $24.1 million or an average $114,218 per lot, and 17 townhomes for $4.7 million or an average $276,471 per residence. The resort will have an estimated build-out value of $2 billion, Ginn says.