6503 Westwood Blvd
Orlando, FL 32887
Hotel Development Opportunity · Land For Sale · 5.03 AC

Located in the central Florida’s premier hospitality corridor, subject site consists of five acres, located less than 300 feet from the main entrance of the Orange County Convention Center, making this parcel ideal for a luxury hotel. The concept includes 33,981 square feet of meeting/convention space; lobby bar, a three-meal restaurant and a rooftop restaurant and bar and two pools – at the lobby level and rooftop deck. The Le Meridien is known to exclusively focus on higher paying business clientele which account for 40% of the region’s 72 million annual visitors. Within this business traveler demographic, the hotel caters to more sophisticated, upper upscale clientele, which constitutes 70% to 80% of the business traveler market. Le Meridien’s concept features well-appointed rooms that leverage food and beverage packages paired with flexible, modern design elements. The seller has invested, to date, over $14 million in cash and spent 35 months on the proposed fully-permitted project.