Nov
02

Orlando Hospitality Developers Begin to Explore Mixed-Use

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Orlando’s hospitality and tourism industries are showing any signs of slowing down, but with land costs rising, developers may need to shift their strategies. Daniel Bachrach, partner at Foley & Lardner, discusses the trends and changes to come for the market.

As 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…

Orlando Hospitality Developers Begin to Explore Mixed-Use

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