#Lake Nona developer sets stage for new hotel/resort
Having lived in Lake Nona in the Southeast #Orlando, Florida corridor for the past 15 years we have experienced many exciting proposals, and developments that have come to fruition. And this information from the Orlando Business Journal is another interesting proposition that Tavistock Development Co. LLC has just announced. Between the existing #Lake Nona Medical City, Orlando City Soccer Club, and the U.S. Tennis Association (USTA) a future Lake Nona hotel resort will be highly needed and desired for all who visit, play, and work here.
Tavistock Development Co. LLC wants to rezone of a portion of its southeast Orlando vacant land from residential neighborhood to “airport support district-medium intensity,” Orlando Municipal Planning Board documents showed.
Tavistock seeks to combine three parcels between Lake Nona Boulevard and the Lake Nona waterway into a single designation to streamline development plans for a future hotel or resort, sources told Orlando Business Journal. New residential projects also are planned for the area.
The city’s board is expected to review the proposal at its Aug. 16 meeting.
Meanwhile, Tavistock has had a vision for a luxury resort and spa for some time now, so big-name athletes and their families won’t have to travel far to stay near Lake Nona’s 300-acre Sports and Performance District that’s being built up.
Orlando City Soccer Club plans to open a new 23-acre training facility in early 2017 next to the U.S. Tennis Association’s new $100 million National Campus that’s currently under construction. In fact, resort plans were one of the sticking points during Tavistock’s negotiations with USTA, as previously reported by OBJ.
However, it is unknown if the zoning proposal is related to the planned luxury resort supporting the Sports and Performance District.
Regardless, new opportunities will open up for designers, builders, vendors and job seekers if a new hotel or resort is created. It also can help support more visitors in the area, who shop and dine at businesses nearby as well as adding to the billions of dollars in construction planned in Lake Nona.
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Source by Orlando Business Journal and Writer/Realtor Pam Maycumber.