Recent Stories from Robert Bobroff
Developers are finalizing a deal with Hilton to take on its Curio flag at the proposed hotel on the Dr. Phillips Center for the Performing Arts property. Meanwhile, the city of Orlando’s selection advisory committee is evaluating the 155-room hotel proposal those developers brought to the city, though no date has been set for a decision. If approved, the hotel would include an artist gallery, create up to 100-125 new jobs in the region and take about 16-18 months to build. Based on industry standards, this hotel could cost more than $58 million dollars to construct.
Port Canaveral isn’t out of the car manufacturing partnership game just yet, according to port officials, even though earlier this month, it lost out on 100 new jobs and millions of dollars in economic impact when Volkswagen Group of America chose to locate a vehicle import complex at the Port of Jacksonville instead of Canaveral. Port CEO John Walsh currently is trying to woo seven other car manufacturers to occupy a future $85 million auto assembly facility by this year. That facility would put out 350,000 cars a year and could create thousands of jobs.
Bethesda, Md.-based Lockheed Martin, which has a large local presence, will give a $2 million multi-year grant to support the expansion of science, technology, engineering and mathematics, or STEM, programs for Orange County Public Schools. It’s a move Lockheed Martin hopes will build interest in technology careers. The firm wants to hire 100,000 engineers in the next 15 years, and according to the U.S. Department of Commerce, STEM jobs are expected to grow 17 percent by 2018. Based on that, 1.2 million STEM job won’t be filled due to a lack of skilled workers.
New York developer GDC Properties parted ways with Orlando Health on plans to raze and rebuild the former Lucerne Pavilion into an estimated $179.4 million mixed-use project just south of downtown Orlando, putting the project back up for grabs for another developer. GDC Properties’ plans had included 660 apartments, 60,000 square feet of office space, an 80,000-square-foot retail complex, a 200-room hotel and a 1,137-space parking garage on the 10.7-acre site near Orlando Regional Medical Center. Orlando Health said it still plans to redevelop the property as a mixed-use complex.