Downtown has had no movie theater, major department store or supermarket for the past 20 years, even though an estimated 35,000 people go in and out of Downtown daily to their jobs, according to Greater Orlando Chamber of Commerce.

Headed by CEO Mitchell F. Rice, RMC has filed preliminary development plans with the city for a 303-unit, 16-story condominium complex that will have 38,000 sf of retail, 3,100 sf of office space and inside condominium parking for 625 vehicles.

The project requires a rezoning approval and couldn't be completed before 2006, even with all the paperwork in place, city hall staffers tell GlobeSt.com. "I don't know them personally but I do know of their reputation and track record, and if anyone can succeed with a major grocery store development Downtown, it will be this group," Dean Fritchen, a senior associate in the Winter Park, FL office of Coldwell Banker Commercial NRT, tells GlobeSt.com.