Yep, you heard it right. There's another on condo hotel the way. Lost count yet? According to the Orlando Business Journal, the proposed 16-story, 350-room condotel is set to break ground in spring 2008 and should be ready in 2009 at a cost of some $140 million - which really means (if it gets built at all) that it will come online around 2011 at double that cost. Call me a cynic. But with most of the pre-construction condo hotel projects delayed or stalled, I'm only recommending [...]
Ravinia condos in Maitland finally opened its doors to the local Realtor population last night - so we put on our party frocks again and up Interstate 4 we drove. I have to say that from inside the sales center it all looks pretty good. The virtual tour is technologically incredible and the to-scale model is also pretty amazing. Ravinia condos have about 297 units with over two dozen floor plans, making it a very different animal from its neighbor, the Trevi condos, due to be situated on the [...]
Back in May , Condo Metropolis reported that Lake Buena Vista Resort and Spa seemed to be ahead of the game (construction wise) - since construction was complete on the first few towers. As it turned out, timing is everything, and whether by luck or judgment, Lake Buena Vista nailed it in the nick of time. Now officially closed out, it seems there may be last chance to own here as one or two units that failed to close come back onto the market: Exhibit A: One beautiful, 2 bedroom, 2 bath 1150 [...]
International Plaza Resort & Spa condo hotel is hosting its buyer's event on Thursday September 6 at 12:00 p.m - and the winner of season 3's The Apprentice (Kendra Todd) will be the guest speaker. This new condo hotel on International Drive formerly the Sheraton, is on target to be one of Orlando's condo hotel success stories. If condo hotels (or a cheap trip to Orlando) are something that interests you, next Thursday would be as good a time as any to find out more. Seats are[...]
(For info on the Orlando condo auction August 29, 2009 visit the Altamonte Springs Orlando condo auction page.)  Two of Orlando's condo communities will be holding an auction in just under a month which could mean massive savings for those who are ready to act fast and are qualified to buy. The communities, located in the Altamonte / Wekiva neighborhoods, have been selling for a year or so and the developers are ready to close out those communities with a bang! In order to be able to [...]
It's been about a year since my favorite downtown-condo-in-the-making, The Monarch launched its sales effort. In this week's OBJ, Anjali Fluker reports that current market conditions may have the developers modifying their original plans. I doubt they're alone. Other new downtown projects include Tradition Towers, The Vue, 55 West, Star Tower, and the Paramount. Most of these are in some state of construction with only The Monarch and Tradition Towers not having broken ground. In [...]
I received news this morning that that are a handful of units left at two of Orlando's more popular condo conversions. Although both officially sold out some time ago, investors who claimed them have been unable to close, putting them back in the market for buyers who are able to act quickly. At Azur in MetroWest there are less than a dozen condos - units that were claimed early on - and are some of the best condos on the property. Pricing is looking great with 2/2s from $154 [...]
I needed a drink (or four) after work today, and since we'd received invitations to TWO broker events tonight, I thought we should make a good faith effort to attend both - and drink as much as we could at each one. Running a real estate company is thirsty business after all. The evening's two bars, I mean "hosts" were the International Plaza Resort & Spa (condo hotel conversion) on International Drive, and Solaris (pre-construction townhomes) in MetroWest. And [...]
Orlando CityPlace / Lexington Hotel is set to become the latest casualty of the current housing correction. The OBJ reports that owners plan to file for Chaper 11 protection by the end of the month. The Lexington Hotel side of the operation is reported to be profitable, however, only 31 of the 227 condo hotel units were sold. The hotel, formerly a Holiday Inn, will continue to operate as the Lexington Hotel for the time being, however, its conversion to alter ego Lexington Condo-Hotel [...]
Solaris Townhomes & Flats has officially Broken Ground! The new community is located in MetroWest on Raleigh, just off Kirkman. Solaris condos are still featuring pre-construction prices starting in the mid 200's - pretty good for new construction - and with the MetroWest community starting to improve again, this could well turn out to be a smart investment. To catch these Solaris condos before prices go up much more contact us here at CondoMetropolis.com and we'll give [...]
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