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    New York firm plans $500M, 1,400-unit resort near SeaWorld

    A New York firm has given the ‘go’ signal to develop nearly 20 acres near SeaWorld Orlando into a $500 million, 1,400-unit timeshare resort called Zena.

    Flushing, N.Y.-based developer Show-Lain Cheng, who last year got Orange County’s zoning and conceptual plan approval, on Aug. 4 authorized the development team to start on stormwater and architectural designs for the proposed Zena.

    Those plans could be done by mid-September and then submitted to the county for preliminary development approval, said Jim Hall, director of planning for planning consultant and civil engineer firm Vanasse Hangen Brustlin Inc. in Orlando.

    The project site includes two vacant parcels near I-Drive and Westwood Boulevard totaling about 19.2 acres, which Cheng’s 12020 International Drive FL LLC bought for $13.4 million in 2006, said Orange County records.

     

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    Posted By

    BuyingFlorida
    08-13-2009


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