Orlando Hospitality Developers Begin to Explore Mixed-Use
ByAs an ever-growing and sought-after real estate market, Orlando is a hot spot for both domestic and foreign investors, who are drawn to the metro due to its combination of no state income taxes and year-round temperate weather. But in the current market conditions, developers are facing rising land costs, encouraging them to shift their focus to mixed-use developments, aiming to maximize economic value and minimize risk.
Daniel Bachrach, partner at Orlando-based law firm Foley & Lardner and a member of the firm’s Real Estate Practice and the Hospitality & Leisure Industry Team, discussed his outlook for the Orlando real estate market and the upcoming hospitality trends to watch…