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Siegel and Falwell Plan Timeshare Resort

ORLANDO-Area industrial real estate brokers in a position to know tell GlobeSt.com the deal between Florida's biggest independent vacation resort developer and the Baptist Church's best-known pastor will go down before year end in Polk County, about 55 miles south of Downtown.

By Alex Finkelstein | Updated on October 17, 2003

ORLANDO-In what area brokers describe to GlobeSt.com as an unconventional alliance, David A. Siegel, Florida’s biggest independent timeshare developer, and the Rev. Jerry Falwell plan to jointly develop an 800-unit vacation resort and apartment community off US 27 in Polk County, about 55 miles south of Downtown.

Area industrial real estate brokers in a position to know tell GlobeSt.com the deal will go down by year end. Siegel and Falwell couldn’t be reached by GlobeSt.com’s publication deadline. However, Siegel associates and brokers who have worked with the developer tell GlobeSt.com Siegel, 67, and Falwell, 70, have met several times this year to discuss the project.

“(Siegel) likes the deal,” a broker who has participated in several of his past transactions tells GlobeSt.com. The project will include a 2,000-seat auditorium, according to brokerage sources.

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