ORLANDO-The Ocala, FL-based general contractor is building a $7.5 million clubhouse and sales center along with a $3.14 million swim/fitness facility at the master planned golf course community of Palencia being created by the Houston developer in northern St. Johns County near Jacksonville, FL.
ORLANDO-The investor group, headed by Christopher M. Swartz, CEO of Heathrow, FL-based Ultimate Franchise Systems Inc., paid Ultimate $2 million for the stake. Ultimate has 350 franchised restaurants in 30 states encompassing an estimated seven million sf.
ORLANDO-Faith Church International Inc. paid WRH Fortune Ltd. of Orlando $4.3 million or $36.39 per sf for the former 118,178-sf, 19-acre shopping center on U.S. 192 between Interstate 4 and State Road 535 in Osceola County.
ORLANDO-Buffalo, NY-based Delaware North Parks Services of Spaceport Inc., is paying an estimated $2 million for the 300,000-sf Astronaut Hall of Fame in Titusville, FL and about 700,000 sf of nearby maintenance and storage properties, 45 miles southeast of Downtown Orlando.
ORLANDO-The 1.1-million-sf Orange County Convention Center and the 400,000-sf meeting/exhibition complex at the seven-month-old, 1,406-room hotel near Walt Disney World are competing fiercely for bookings.
ORLANDO-The Brooklyn, NY-born hotelier, who has grown his 20-year-old portfolio to 10,000 rooms among eight properties, also plans to build a 400-bed dormitory next to the 100,000-sf Rosen School of Hospitality Management, the first of its kind in the Southeast.
ORLANDO-The Clearwater, FL-based department store chain is transferring manager Phil Knuth from the Orlando store to the new unit in the 300,000-sf Eustis Village Shopping Center in Eustis, FL, 30 miles northwest of Downtown Orlando.
ORLANDO-The owner of the 14-year-old, estimated 300,000-sf landmark in Titusville, FL and its sister attraction, U.S. Space Camp Florida Training Center, 60 miles southeast of Downtown Orlando, has owed the Birmingham, AL-based bank $10 million in unpaid loans made in the 1990s.
ORLANDO-Leesburg, FL city manager Ron Stock negotiated the deal with representatives of Dr. Clayton Pruitt, the Clearwater, FL vascular surgeon who sought to build a total of 15,000 multi- and single-family units on his 3,334-acre ranch.
ORLANDO-LPG Urban and Regional Planners Inc. of Mount Dora, FL initially proposed an unprecedented density blending concept allowing large land owners to mix and match two or three different zonings on their property into one mixed-use tract.