ORLANDO-Metropolitan Orlando, Central Florida's chief transportation planning agency, will try to button down construction costs of the 52-mile system that would run from suburban DeLand, FL through Orlando and south to Kissimmee, FL. Preliminary estimated cost: $355 million or about $6.83 million per mile.
ATLANTA-Revenue per available room won't improve at full-service inns until fourth quarter 2002 and at limited-service lodges until early 2003, according to new joint research by Atlanta-based Hospitality Research Group- and Torto Wheaton Research of Boston.
ATLANTA-The Battle Creek, MI-based breakfast cereal producer is breaking ground this month on the Atlanta distribution center and has started a $47.4 million, one million-sf comparable center in Minooka, IL.
ORLANDO-The U.S. Bankruptcy Court in Orlando is allowing locally based Cypress Restaurants Inc., with 41 restaurants, and a sister company in Georgia with 10 restaurants, to continue operating while the company works out a reorganization plan. Cypress employs 2,000.
BUSHNELL, FL-The 36-year-old, 176-acre plant, which breeds wide-mouthed bass and other freshwater species, hopes to become a revenue generator for Sumter County and a new tourism magnet for Central Florida. Bushnell is 60 miles west of Downtown Orlando.
ORLANDO-A University of Florida survey shows average dirt on which to grow orange trees in Central Florida is going for $6,140 per acre (14 cents per sf) and $4,244 per acre (nine cents per sf) for grapefruit tree land.
ATLANTA-Revenue per available room won't improve at full-service inns until fourth quarter 2002 and at limited-service lodges until early 2003, according to new joint research by Atlanta-based Hospitality Research Group- and Torto Wheaton Research of Boston.
ORLANDO-The 24-year-old Dallas-based company, founded by former Dallas Cowboys quarterback Roger Staubach, is opening its first corporate services office here to satisfy demand by national and international clients expanding their businesses and opening new divisions in Central Florida.
ORLANDO-The Lakeland, FL supermarket chain is demolishing a dormant Winn-Dixie Supermarket store to build a 27,887-sf structure at the 70,000-sf, 19-year-old neighborhood shopping center in neighboring Seminole County. The lease has an estimated value of $11 million.
TAVARES, FL-Watkins Retail Group of Orlando and Peregrine Properties Inc. of San Francisco are betting the under-construction, $129 million, 325,000-sf Florida Hospital Waterman and nearby medical clinics will support their joint venture.