Orlando Continues to GROW!!!

Rockefeller enters Central Florida market

Orlando Business Journal - by Dan Ping Staff Writer

HEATHROW -- One of the most recognizable names in business -- Rockefeller -- will make its Central Florida debut with a $150 million project in Seminole County.

The Rockefeller Group Development Corp. bought 29 acres on Sept. 20 from another well-known name in business, Jeno Paulucci, the frozen food king who created the upscale Heathrow community.

The Rockefeller Group paid $16.75 million for the land at International Parkway north of Colonial Town Center in Heathrow, where it intends to develop an office/retail center.

Airport working to extend capacity by five years

Orlando Business Journal - by Chris Kauffmann Staff Writer

ORLANDO -- With a nip here and a tuck there, Orlando International Airport could extend the passenger capacity of its existing terminal to at least 2015, forestalling the need to build the long-planned South Terminal.

But the nip/tuck won't come cheap -- costing as much as $400 million, the Greater Orlando Aviation Authority learned last week.

However, considering that many of the alterations are needed anyway, officials note it still would be a bargain, given that a new terminal now would cost closer to $2 billion, rather than the $1 billion cited in previous estimates.

Developer to build luxury Westin in Heathrow

Orlando Business Journal - by Dan Ping Staff Writer

HEATHROW -- An Alabama hotel developer plans to bring a heavenly approach to a new project in Heathrow.

Srinath Yedla, CEO of Yedla Management Co., will break ground in February on a Westin-brand luxury hotel at the northwest corner of County Road 46A and International Parkway.

Details are still being finalized, but Yedla says the hotel will feature about 250 rooms and Westin's signature Heavenly Spa offering messages, manicures, pedicures, and a full-service salon for men and women.