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Pier 66 plans hotel renovation

Sun Sentinel

07.11.2019
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Pier 66 plans hotel renovation
Sun Sentinel
07.11.2019

Fort Lauderdale has endorsed a developer’s plans to renovate the Pier 66 Hotel, one of South Florida’s iconic buildings.

The plans call for possibly adding hundreds of residences, as well as unifying the Pier 66 property with The Sails Marina, its Southeast 17th Street neighbor.

City commissioners approved a development agreement late Tuesday with Orlando-based Tavistock Development Co.

The Renovation plans for Pier 66 don’t need to be turned in until January 2019, but Tavistock senior director Jessi Blakley said the company will work ahead of schedule to begin the work on the property.

Hurricane Irma last year damaged the hotel, which for decades has stood prominently with its space-age architecture and tower crowned with spires. After the hotel is restored, Tavistock will ask to designate the hotel as historical. Blakley said the company “felt encouraged” by the city commissioners’ approval. “We’re excited to move the process along,” Blakley said.

The city and Tavistock had worked to revise the details of the agreement since commission members asked city staff to look into it last month. The revisions include:

— Limiting the number of residences it can ask the city for from 800 to 575.

— Setting a Jan. 3, 2019, date when Tavistock will turn in its first site plans for renovating the Pier 66 Hotel and building a marina promenade.

— Getting rid of language about the plans for commercial space and a community development district.

Interim City Attorney Alain Boileau explained the changes to the commission during Tuesday’s meeting. He worked with the developer’s lobbyist and lawyer Stephanie Toothaker up until Monday, revising “areas we thought we needed clarity and identify those things you would be agreeing to,” he told the commission.

During the back-and-forth changes made to the document, Tavistock took out two main sections: one that proposed 15,000 square feet of commercial space, which could be leased as office or retail space, as well as a suggestion to establish a community development district, which uses funding from developers to build public projects.

While Blakley said the district isn’t off the table, it’s something the company will likely bring up with the city during further discussions.

Boileau repeated during the meeting that the developer still will need to go back to the city with site plans before anything is built.

Tavistock also will need to ask the city for the ability to build residences, even though it agreed to pay about $1.4 million to reserve 575 residential units, which is about a quarter less than the 750 units outlined in the original agreement.

In approving the agreement, the city is recognizing Pier 66 and The Sails, which Tavistock both owns, as one, despite being separated by Southeast 17th Street.

Tavistock bought the storied hotel and marina in late 2016 for $165 million and the neighboring Sails Marina the following year. Tavistock is now calling that marina Pier South. The combined properties span about 32 acres, including 7 acres that entail the marinas.

The new agreement is 15 years long, five years less than the first proposal. Because the project’s scope is large it needs to be “a long-term project,” Blakley said.

Fort Lauderdale’s mayor was the only dissenting vote for the Pier 66 project during Tuesday night’s City Commission meeting after saying he didn’t read the revised agreement from the developer. The commission, including Mayor Dean Trantalis, was emailed the final development agreement at 7 p.m. the night before the meeting.

“I vote no because I just got the agreement last night and these folks didn’t see the agreement,” Trantalis said, motioning to residents in the audience. “I think we got short-changed.”

Resident Mary Fertig had asked the commission to hold off on voting for the agreement, because it was long-lasting and the public didn’t have enough time to read it.

Fertig got a version of the revised agreement on Saturday because she’s a member of Lauderdale Tomorrow, a resident group the developer has reached out to. She said she couldn’t find the final version on the city’s website before Tuesday’s meeting.

The city clerk said he posted it after emailing commissioners it at 7 p.m. the night before but residents complained that the final version wasn’t posted online before the meeting. A Sun Sentinel reporter checked the website before the meeting and didn’t see the revised agreement posted.

Commissioner Steven Glassman said he had time to read the agreement more than once and “had an issue” with Trantalis not reviewing it.

He said he liked what he saw when he researched Tavistock and thought the company could create a better plan for the property than the site plans that were already proposed and approved for past owners.

While Tavistock inherited those site plans and could build them, Toothaker told commissioners that the developer intends to give those up when they get new plans approved.

Commissioner Ben Sorensen motioned to approve the agreement and three other commissioners agreed.

Blakley said the next step for Tavistock is putting together a site plan for the renovated hotel and a marina promenade that would connect the properties under the Southeast 17th Street bridge.

The land the promenade would be built on is owned by the Florida Department of Transportation. While Tavistock hopes to sublease the land, reworked language in the agreement made clear the public would have access to it.

Communities with Crystal Lagoon Amenities Show Increased Sales, Value

Builder

06.05.2019
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Communities with Crystal Lagoon Amenities Show Increased Sales, Value
Builder
06.05.2019

In the year since the first Crystal Lagoons amenity in the U.S. opened for resident use, a total of three have come online in Florida and Texas, with many more under contract or construction across the country. During this time frame, single- and multi-family communities with active or upcoming lagoons have experienced rapid sales over the past year, and many have ranked among the top master-planned communities in the country, according to RCLCO’s 25th annual report.

By The Numbers
The Epperson community in Wesley Chapel, Fla. ranked no. 3 out of 310 for-sale communities in Tampa Bay by annual starts in February 2019. It experienced a 21% sales increase at its model homes during the pre-construction period over a seven-month time frame, compared to 1-5% increases at competitor communities, and a 3.4x increase in sales velocity year over year.

“The hard sales data that we have certainly validates that our lagoons are really revolutionizing the market,” says Eric Cherasia, vice president of business development at Crystal Lagoons. “And they’re also adding substantial value for builders and developers by maximizing the value of their development and increasing sales velocity.”

The 7.5-acre lagoon at the Metro Development Group community was the first to open in the U.S. The developer has five community lagoons in the works; the second, a 5-acre water body at Southshore Bay near Tampa, broke ground last month.

Balmoral, built by Land Tejas in Humble, Tex., was awarded “Most Increased Sales” by John Burns Real Estate Consulting in 2018, owing to a 345% jump in sales over a partial sales year in 2017. RCLCO’s annual report ranked the community 43rd among the top 50 best-selling master-planned communities of 2018. The community’s 2-acre lagoon was the first to open in Texas.

LeFrak/Turnberry Associates’ Sole Mia leased almost all of the 200 units in its first tower in less than seven weeks, breaking multifamily leasing records in Miami. All of the two-bedroom units facing the 7-acre Laguna Sole, which opened for resident use in late April, have been leased from the 7th to the 18th floors. The three bedroom units facing the lagoon have leased more quickly – and for $300 more on average – than units facing the ocean. “They ended up actually canceling their formal grand opening event because of the numbers they were seeing,” Cherasia says.

The next Crystal Lagoons amenity to open will be at Windsong Ranch in Prosper, Tex., which will host the 4.6-acre lagoon’s grand opening on June 28th. Windsong Ranch, an actively selling community developed by the Tellus Group, was a finalist for three awards presented by the National Association of Home Builders’ (NAHB) National Sales and Marketing Council (NSMC). It received the Gold Award for Lifestyle Director and Silver Awards for Master Planned Community of the Year and Best Lifestyle Annual Program.

Lago Mar, another Land Tejas community in Texas City, Tex., ranked 44th on RCLCO’s annual report. The first phase of its 12-acre lagoon has broken ground, and is expected to open in early 2020.

Lake Nona, an established master-planned community ranked 15th on RCLCO’s annual report, will add a Crystal Lagoon to the Lake Nona Country Club as part of the upcoming Lake Nona Resort. The amenity will cover 15 acres in its first phase, and is expected to open with the resort in 2022.

“We’re seeing a ton of success across all of the projects we’re doing. Which has led us, to as you expect, an increase in leads,” Cherasia says. “Just this year alone, we had a 200% increase in our signed contracts at this point in the year. So when we extrapolate out, we’re looking at a very, very, very big year.”

Upcoming Projects
All told, 110 Crystal Lagoons amenity projects are in some stage of negotiation, planning or development across the country, with prospects in 22 states, including North Carolina, Tennessee, Alabama, and a 34-acre lagoon in Palm Springs, California.

While a number of its U.S. projects are private or semi-private master-planned community features, Crystal Lagoons is also pursuing an expansion into public access installations. The upcoming 2-acre lagoon at the $700M Esplanade mixed-use project marks many firsts for the company – its first U.S. urban lagoon, its coldest climate to date, and the first truly Public Access Lagoon in the U.S.

The Esplanade project, located on the Ohio River in Pittsburgh, Penn., is intended to turn a former industrial center into a community gathering space, with restaurants, shops, offices, residences and entertainment centers planned around it. During the winter, Crystal Lagoons envisions a skating area on or near the lagoon.

“The lagoon is going to be kind of this centralized meeting place. And not only is it going to be open to residents, it’s going to be open to the public. And for a small fee, you can enter. So it’s really helping to revitalize that area in Pittsburgh. And we see similar projects shaping the way for our expansion,” Cherasia says.

Another public access lagoon is in negotiations for the $1B redevelopment of a 100+ acre mall site in Plano, Tex. The new Collin Creek is set to include 500 single-family homes, 2,300 multifamily units, and 300,000 square feet of retail space.

According to Cherasia, the amenity’s performance has “met and even exceeded [Crystal Lagoons’] expectations” in the U.S. “We set our goals high; we understood the value and we knew from past performance of how we fared in other countries that we certainly could capitalize,” he says. “But honestly I think seeing these numbers we were even shocked with the increase in velocity and value that we’re able to seize. I think the sales data absolutely validates that performance for us.”

The company is currently targeting westward expansion, and looking to open lagoons in Utah, Arizona, and Las Vegas.

Tavistock Development Keeps an Eye Toward the Future

i4 Business

08.01.2018
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Tavistock Development Keeps an Eye Toward the Future
i4 Business
08.01.2018

Some companies specialize in building retail centers. Others have carved a niche constructing commercial structures, single-family homes, apartment communities, or hotels and resorts. In southeast Orlando, Tavistock Development Company is showcasing its expertise in all of those specialties with its marquee project: Lake Nona, a community that integrates well-being innovation with artistic aesthetics.

What started out as a plan for a unique “medical city” focused on integrating cutting-edge research with everyday healthy living has morphed into something even its creators couldn’t have imagined. Today, more than 20 years after its conception as a master-planned community, Lake Nona has grown to 11,000 acres and is becoming a destination for high-performance training for medical specialists, athletes, corporate executives and other people interested in innovation.

“For us, it’s about creating an environment,” said Jim Zboril, the company’s president since 2004. “When I say, ‘Where is the best experience you’ve ever had?’ you probably aren’t thinking about the building. It’s probably about who you were with, what you were doing and how you were enjoying the environment you were in, which is much more comprehensive than just the building. At our core, we build places, we build physical spaces, but the magic is when they’re activated with people and programming.”

Tavistock is a unique company because it’s owned by a person instead of a corporation or an investment group, Zboril says. British businessman and investor Joe Lewis owns more than 200 companies in 10 countries as part of the Tavistock Group portfolio. Forbes magazine listed him as the 388th wealthiest person in the world in 2018 with $5 billion in assets.

“That gives us a great amount of rope to do unique projects and unique deals because we don’t report to Wall Street and don’t have some of the corporate issues of large hierarchical companies,” Zboril says. “We are very much a flat organization where a lot of times authorizations are just me calling the owner and him answering in a matter of minutes. That gives us a unique opportunity.”

Part of that opportunity involves the ability to plan for the long term instead of turning over a project quickly to recoup an investment, Zboril says. Lake Nona is about a vision for the future. The seeds of that vision started 30 years ago with the opening of the Lake Nona Golf & Country Club, a private residential community that was the site of the first Solheim Cup women’s golf championship in 1990 and has since hosted numerous PGA and LPGA tournaments.

Today, anchors in place for Lake Nona’s expanding 650-acre Medical City campus include:

  • A 1.2 million-square-foot Veterans Affairs (VA) Medical Center.
  • A 630,000-square-foot Nemours Children’s Hospital, one of only two in the nation.
  • A University of Central Florida (UCF) Lake Nona Cancer Center, which recently moved into a 175,000-square-foot facility vacated by the Sanford Burnham Prebys Medical Discovery Institute.
  • A UCF Health Sciences Campus that includes the College of Medicine and the Burnett School of Biomedical Sciences.
  • A 110,000-square-foot University of Florida (UF) Academic Research Center, which houses the UF College of Pharmacy’s doctoral program.
  • A 204,000-square-foot UCF/HCA Healthcare teaching hospital, UCF Lake Nona Medical Center, set to open in 2020.
  • A 92,000-square-foot GuideWell Innovation Center, a multi-tenant building for companies in life sciences, health and wellness innovation, and technology.
  • A 35,000-square-foot Johnson & Johnson Human Performance Institute that is double the size of its previous Lake Nona building.

Other anchor developments in place or taking shape that guarantee Lake Nona will be a different kind of community, especially with its close proximity to Orlando International Airport, include:

  • The 100-court U.S. Tennis Association National Campus, which opened in 2017 and brings in competitive players, coaches and sports professionals from all over the world.
  • An 800,000-square-foot training facility for global audit, tax and advisory firm KPMG, set to open in 2020 with 800 guest rooms, food and beverage venues, and a museum.
  • The first Drive Shack golf simulation complex in the nation, a competitor to Top Golf.

“For the next three to five years, we’re going to see taller buildings that are closer together because we’re trying to build more of an urban experience,” Zboril said. “We’re not in a hurry to develop the last piece of dirt here. What we’re trying to do is create a special place, and we’re trying to drive density to a reasonable amount. For instance, we could’ve just built single-family houses and sold out long ago. We’re trying to build higher-density buildings and create more of a ‘neo-urban’ or ‘new urban’ place.”

Tavistock owner Lewis is known for his extensive art collection, and Lake Nona is integrating that appreciation for aesthetics into its landscape. A new two-story statue of a mirrored Labrador dog stands at the entrance to Lake Nona’s emerging city center, which includes restaurants, office space, hotels and apartment buildings. Another recent addition is Boxi Park, constructed with repurposed shipping containers to serve as an outdoor venue where people dine from food trucks and listen to live music.

Nearby, people who drive to the city center can park in a five-story garage that features The Code Wall, a dramatic pattern of 1’s and 0’s carved in a binary code that spells out Tavistock’s corporate values. A six-story flared tower called The Beacon serves as the garage’s anchor, a solid white structure in the daytime that turns into a lamp at night, displaying different colors and patterns depending on the occasion. The Code Wall, The Beacon and the Labrador statue are all works by Lake Nona artist Jefre.

“We have lots of land and we’re building structured parking,” Zboril says. “Why are we doing that? Because we don’t want seas of parking where you have to walk so far to get to a building.”

A short drive away, another center of activity includes the lakefront Canvas Restaurant & Market, with an outdoor space that features a see-through mosaic structure called The Glass House by New York artist Tom Fruin.

Next on the horizon: Development of an eight-story hotel situated on the largest Crystal Lagoon in the U.S. Built with patented technology, the 15-acre body of water will look like a swimming pool along the shores of Lake Nona. Tavistock will operate the resort and will fill in the area around the lagoon with retail and other development.

Top floors of Lake Nona’s buildings offer sweeping vistas of flat land and views of the downtown Orlando skyline, Orlando International Airport, International Drive and the theme parks — for now.

“The longer we’re here, the more dense this will become,” Zboril says. “Lake Nona is going to look and feel like a city with an urban core.”

Today the team at Tavistock Development numbers about 180 after growing almost 50 percent in the past two years. The company will continue to hire for jobs ranging from construction to hotel management to marketing to accounting for the offices, restaurants and other businesses it will continue to build and operate in Medical City.

“To have that kind of growth, one of the most important things we have to focus on is our culture — and maintaining the culture that got us here,” Zboril says. “And the culture of our owner, which is to be more entrepreneurial, not to be bureaucratic, to bring deals forward, to be creative.”

The company’s Lake Nona office is surrounded by windows with an open floor plan where everyone including Zboril is in an office without walls, allowing for natural collaboration. Employees gather in the cafe for company-subsidized, healthy-option, carry-in lunches and participate in philanthropic events together.

“We’ve done all these things to talk about who we are and what we expect of people,” Zboril says. “That helped us build and retain this workforce in a competitive environment.”

Coming Soon: Sunbridge

To the east, Tavistock is working on another development that will be double the size of Lake Nona at 24,000 acres and promises to further change the face of Central Florida. Sunbridge will straddle two counties, with most of the community in Osceola and the rest in Orange.

Plans call for the project to focus first on residential development, gradually integrating commercial opportunities and other types of construction to form a community focused on preservation and innovation. The vision calls for miles of connected trails and nearly 13,000 acres of conservation land.

Zboril is excited about both Lake Nona and Sunbridge, which will continue to bring more visitors to Central Florida — people who just might decide to stay and help shape the region’s future.

“For us, it’s an amazing front porch to tell the story of Orlando, the other half of it,” he says. “Everybody knows about Orlando, but they don’t know about other businesses here outside the tourism industry.

“Central Florida is a really unique place. We’re still able to make a difference on the future. It’s not all created and done. There are other markets where it’s more built out and positioned as established. Here, there’s still so much opportunity.”

Master-plan Developers Make a Splash

Builder

05.30.2018
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Master-plan Developers Make a Splash
Builder
05.30.2018

Earlier this year, Metro Development Group unveiled a long-awaited, landmark amenity at its Epperson community in Wesley Chapel, Fla. The 7-acre artificial lagoon, newly filled with 11 million gallons of fresh water, is the first of its kind to break ground in the United States. Suitable for swimming, boating, and other non-motorized water activities, the lagoon will be the centerpiece of the community’s upcoming amenity village and beachfront area.

While the man-made lagoon from Chile-based Crystal Lagoons is a new concept to American home buyers, it won’t be for long. The Epperson project represents the tip of the tidal wave in the trend toward massive water-based amenities: It is one of 140 such aquatic amenities in the U.S. currently in the planning, design, or construction phase.

Developers and builders say that while the lagoons come with a high price tag—an estimated $600,000 to $650,000 per acre—they are worth it for the attention and buyers they bring. “The demand has been incredible,” says Greg Singleton, president of Metro Development Group. “The response from the customers has been great, and the builders are excited.”

Singleton notes that homes at Epperson, which are priced from the mid-high $200,000s to the $600,000s, have been fetching higher sales prices than homes in nearby communities without a lagoon. More than 200 new-home contracts have been signed at Epperson, and Singleton attributes at least some of the community’s sales to its unique attraction. The development will contain an estimated 1,500 homes at full build-out, which is just enough, according to Singleton, to support the cost of the lagoon and keep the price of surrounding homes affordable.

According to Uri Man, managing partner of Miami-based UM Development and former CEO of Crystal Lagoons, Epperson’s homes are priced about 25% higher than comparable homes in a community without a lagoon. “It’s been pretty consistent around the world that as these lagoons are built and people realize what this amenity is, it has a dramatic impact on interest in buying homes in those communities because of the lifestyle that it offers,” he says.

The Epperson lagoon is the first of five Crystal Lagoons projects in progress for Tampa-based Metro Development Group, and more are slated to open over the next year in several Florida and Texas communities that feature a range of developers and builders, including D.R. Horton, Lennar, M/I, Pulte, Tavistock Development, and Turnberry Associates.

The lagoons’ main appeal is their ability to transform any land asset, even lots in the middle of the desert, into valuable beachfront property, according to Kevin P. Morgan, executive vice president of Crystal Lagoons U.S. This allows developers to create desirable resorts or communities on less-than-desirable tracts of land.

“Today’s home buyer is an educated buyer,” Man explains. “They’re looking for ways to ensure that their investment, when they buy a house, is going to be protected. They want to see real value.” He adds that in other countries and now in the U.S., a Crystal Lagoons amenity can help “ensure the buyers’ purchase investment because it’s a big differentiator.”

From the start of its worldwide expansion, Crystal Lagoons executives have had their sights set on the U.S. and its master planned communities. As of now, the company's “big six” target markets are Florida, Texas, Arizona, Nevada, California, and Hawaii, though the concept is also gaining traction in Georgia and the Carolinas. Morgan attributes this focus to the states’ warmer climates, though he notes that lagoons can be frozen into skating rinks and used 12 months a year in any part of the world.

“A lot of the East and West coasts have been chewed up with development, so developers are trying to figure out, ‘How do I go create value inland?’” says Morgan. “The way to do that for them has been, ‘If I can create a Crystal Lagoons amenity, I can build a lot more real estate and density around it and create my own waterfront destination.’”

Florida was chosen as the firm's first point of entry based on its population density, climate, and strong developer demand for waterfront property. The company’s Florida projects, which make up almost one-third of all U.S. Crystal Lagoon projects in development, include Metro Development Group’s Metro Lagoons, two 7-acre lagoons at the Sole Mia project by LeFrak and Turnberry Associates in Miami, and a 15-acre lagoon at the upcoming Lake Nona Resort in Tavistock Development’s Lake Nona community in Orlando.

The Epperson lagoon is located around the community’s central amenity area, The Hub, which residents will be able to access on foot from a series of walking and cart paths. Still under construction, The Hub will also include shaded areas, a bar that is dry on the land side and wet on the lagoon side, and a multifunctional event space.

Metro also plans to include a permanent restaurant at The Hub, though it will first gauge its residents’ tastes with a food truck stop on-site. “That helps us determine what the demand is for what kind of food,” says Singleton.

One section of the lagoon’s beachside is aimed at teenagers, while a separate family section features a tide pool effect and an island in the center. The lagoon also includes “adult conversation areas,” which offer sections of poured concrete benches where residents can sit in chest-high water and relax. A separate resort-style pool includes a second bar and cabanas.

The lagoon opened for resident use in April with an appearance by Olympic swimmer Michael Phelps, who serves as a global ambassador for Crystal Lagoons. The next Metro Lagoons project, a 6-acre waterway at the Southshore Bay community in Wimauma, Fla., is set to break ground in the coming months. Two more lagoon communities, Mirada in Wesley Chapel and Brightwater in Fort Meyers, are set to follow, and a fifth will be located in Polk County.

With specifications and oversight from the Crystal Lagoons team, Metro has assembled much of its lagoon development process in-house and figured out its own solutions to construction issues as they arose.

“Not only were we the first to build a Crystal Lagoons amenity, we were first to negotiate a U.S. licensing agreement, first to design, permit, break ground, and fill,” says Singleton. “Every step of the way these challenges proved to be accomplishments. This has been an exercise in solving challenges—big and small—on a daily basis, and we are extremely proud of that.”

Now that the Epperson lagoon is complete, the firm has found that its expertise is in demand with other U.S. lagoon projects. “We’ve had some people approach us about doing work for them in other markets,” says Singleton. “And so that may be the next step for Metro, to help other developers that don’t directly compete with us—Texas, and other markets—to help them build their lagoon.”

Up north in Orlando, Tavistock Development’s Lake Nona lagoon and resort are set to break ground later this year, with completion estimated in 2020. The lagoon will be available to members of the Lake Nona Country Club and to residents and guests of the upcoming Lake Nona Resort.

The water feature and resort are designed around each other, including a section where the eight-story resort cantilevers over a portion of the lagoon.

“For us, the lagoon was a placemaker. Generally buildings with a geography are more valuable, more successful. And the geography gives identity to the place,” says Bernardo Fort-Brescia, principal of Miami-based Arquitectonica, the project’s architecture firm. “The building bridges over the water, and then it dips down to create almost a thin point of connection between the two sides, like an instant of a building.”

The Lake Nona Resort will encompass 80 condominium units, 250 guest rooms, and 20,000 square feet of meeting space, along with an enormous fitness and spa center and a 120,000-square-foot beach volleyball venue. It is designed to be the world’s first “iconic performance resort,” with an active focus on health, fitness, and well-being throughout the entire campus, including the lagoon.

The waterfront amenity package is still in progress, but “designing the whole campus around fitness and performance is key,” says Scott Gasaway, head of construction for Tavistock Development. “We’re still in the exploration phase, but we’re looking at opportunities to create social interaction.”

The first Crystal Lagoons amenity to break ground in South Florida will be the first of two lagoons at Sole Mia in Miami. The master planned community’s first phase will contain 400 rental units distributed across two residential towers, also designed by Arquitectonica, which will be ready for move-in by April 2019. The buildings will be connected by an amenity deck, which will include an elevated pool and sky park, on top of a shielded garage designed to match the community’s rounded railings and steel-and-glass aesthetics.

The lagoon and its associated beachfront will be located adjacent to the towers, with canoeing, sailing, kayaking, and paddleboarding activities available to residents. The lagoon and residences will be surrounded by 37 acres of open green space, interspersed with walking trails.

The 183-acre community is zoned for 4,390 residential units, and over 1 million square feet of retail and commercial development is also in progress, including office spaces, dining, shopping, and entertainment. The second lagoon is set to be built in Sole Mia’s second phase.

The Crystal Lagoons team also has signed deals for lagoon communities with a number of Texas developers, including the Terra Verde Group, which has just broken ground on a lagoon for the Windsong Ranch community near Dallas, and Land Tejas, which is developing a 2-acre Crystal Lagoons project for the Balmoral community in Humble, outside of Houston.

Land Tejas has enlisted a mix of national, regional, and local builders for the first phase of Balmoral: D.R. Horton, Westin Homes, Historymaker Homes, Colina Homes, and Gehan Homes. The 750-acre community will contain an estimated 2,000 homes at full build-out. Over 100 homesites have been sold as of February, and some residents have already begun to move in.

“Houston’s a very competitive market when it comes to new-home building, construction, and sales, so we’re always looking for something to differentiate ourselves,” says Tim Johnson, director of community sales and marketing for Land Tejas. “When we were approached by Crystal Lagoons, this was almost a no-brainer for us because it was a cutting-edge amenity. And we saw a definite increase in sales pace and velocity in other developments from across the world that had opened up Crystal Lagoons [projects], and an increase in the price that builders could sell their homes for.”

Man, who is serving as a consultant for Land Tejas and its lagoon, notes that the community’s homes are priced at conventional entry-level rates, but he expects these price points to change as buyers and developers realize the value of the lagoon. “The general community in Houston and in Texas is not yet aware of this amenity,” Man says. “When they see one open in person, that’s when the “wow” factor really kicks in.”

The Balmoral lagoon completed its first phase of construction in early April, and, as of press time, the lagoon will host its grand opening this summer. The surrounding amenity village is expected to open in late summer.

The lagoon will have two distinct beach areas: the Family Beach on the north end and the Serenity Beach on the south end. The Serenity Beach, geared toward adults, will feature a volleyball court and fire pit. The Family Beach will be oriented toward children, with a playground, resort-style pool, and splash pads.

The 7,500-square-foot Balmoral clubhouse will include a great room, a caterer’s kitchen, and a fitness center and locker room, with a butterfly garden nearby. Two green areas will be located between the beaches—the Hammock Lawn, where hammocks and cabanas will be located, and an event lawn large enough for hosting multiple functions.

“The idea here is that it is an amenity pool for residents and resident guests, but we will be hosting corporate events, private parties, perhaps even a wedding,” says Jeff Sheehan, amenity development manager for Land Tejas. “It’s really a neat environment. You’re bringing a Caribbean beach experience to Houston, Texas.”

Tavistock Launches Tavistock Hotel Collection

Hotel Executive

02.06.2018
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Tavistock Launches Tavistock Hotel Collection
Hotel Executive
02.06.2018

Tavistock Development Company, a diversified real estate firm owned by Joe Lewis' international investment organization Tavistock Group, has launched the Tavistock Hotel Collection, a growing hospitality portfolio which will include the Tavistock Lake Nona Resort and the Tavistock Town Center Hotel in Orlando, Florida. Kit Pappas, the newly appointed vice president of hotel management, will oversee the Tavistock Hotel Collection.

Tavistock Hotel Collection properties will focus on exceptional services and delivering one-of-a-kind experiences. With a growing portfolio of properties that will be unique to their environments, the Tavistock brand of hotels will consistently offer guests bespoke brand standards, from integrated technology that seamlessly connects and common areas that are created to socially engage, to the thoughtful and elegant design of each guest room. Building architecturally significant projects and empowering staff who create extraordinary experiences will be among the hallmarks of the properties.

Tavistock Hotel Collection's inaugural properties are located within Tavistock's innovative, master-planned Lake Nona community in the City of Orlando. Lake Nona is one of the fastest growing communities in the nation with a thriving health and life sciences cluster, and sports and performance district that serves as home of the USTA National Campus, the world's largest tennis facility and KPMG's new training and innovation facility. With designs by leading Miami-based architecture firm Arquitectonica, the Tavistock Town Center Hotel is scheduled to break ground in 2018 and open at the end of 2019; and the Tavistock Lake Nona Resort is planned to break ground in 2018, with an anticipated opening date for 2020.

Tavistock Development Company also recently acquired Fort Lauderdale's Pier Sixty-Six Hotel and Marina, which it intends to reimagine as the City's social harbor and ultimately as a defining destination of the newly created Hotel Collection.

“As we look to our future and that of Tavistock's growing portfolio of world-class properties, the creation of the Tavistock Hotel Collection will allow us greater opportunities to engage with our customers and create more fulfilling experiences,” said James “Jim” Zboril, President of Tavistock Development Company. “At Tavistock, we don't just build the buildings and move on to the next project. We create enduring communities, we build exceptional properties, we define sought-after destinations with engaging, one-of-a-kind experiences, and this Collection will only further these efforts by offering us these additional engagement opportunities.”

With a history rooted in hospitality, Tavistock Group's investments today include several noted hotels, resorts and restaurants worldwide. From Albany in The Bahamas, a 600-acre luxury resort community jointly owned with Tiger Woods and Ernie Els, and the St. Regis Atlanta, recognized as one of the “world's top 100 properties,” to the Tavistock Restaurant Collection and Mitchells & Butlers, Tavistock's name is already synonymous with iconic destinations and world-class experiences.

“It's significant when an organization like Tavistock - known around the globe for its smart investments and commitment to excellence - says they want to create an innovative business opportunity in your industry,” said Pappas, a 30-year hospitality veteran. “With the formation of the Tavistock Hotel Collection, we now have an opportunity to create new brands and experiences with the same excellence, creativity and ingenuity that Tavistock is known throughout the world for, and I for one wanted to be a part of that from day one.”

The Tavistock Lake Nona Resort will be a first-of-its-kind, iconic performance resort and spa featuring one of the nation's largest manmade crystal lagoons bringing the beach to Central Florida. Nestled between the Lake Nona Golf & Country Club and the USTA National Campus, the property will continue the community's dedication to wellness, offering the highest level of performance and healthy living in a luxury resort setting, appealing to athletes, leisure travelers, incentive groups and families. Additional highlights of the property will include cutting-edge design, leading full-service and top-tier amenities, custom-designed guestrooms to optimize performance and the comfort of multiple guests, as well as an expansive rooftop lounge and a major fitness and spa campus.

The Tavistock Town Center Hotel will sit at the center of what will become a 3+ million square-foot destination for retail, dining and entertainment. The full-service property will feature a 16-story tower with 215 guestrooms and will be an ideal destination for leisure travelers, business professionals and style-conscious guests. Design details include a sleek exterior, grand motor court entrance, sophisticated lobby, ballroom and meeting space, as well as an 80-seat restaurant and a vibrant rooftop pool and lounge with private event capabilities.

Tavistock Hotel Collection corporate headquarters will be based in Lake Nona, alongside Tavistock's Development's headquarters. Pappas is responsible for leading Tavistock's growing hotel portfolio with a focus on overseeing third-party management, guest experience, and operations. Pappas will also work alongside Tavistock's development and operations teams to explore and drive potential opportunities to expand the portfolio's holdings.

Prior to joining Tavistock Hotel Collection, Pappas served as chief operating officer for Capella Hotel Group, a luxury hotel development and management company with properties worldwide. He has also worked with notable hotel companies including: Tishman, Hard Rock Hotels, and The Ritz-Carlton, serving in both marketing and operational leadership roles. Pappas is a graduate of Michigan State University's College of Business, School of Hotel Restaurant and Institutional Management.

About Lake Nona

Orlando's Lake Nona is one of the fastest-growing communities in America with more than 10 million square feet of world-class residential and commercial facilities. Adjacent to Orlando International Airport, the large-scale, master-designed community is home to thoughtfully designed neighborhoods, world-class education facilities, a Health & Life Sciences Cluster, a Sports & Performance District highlighted by USTA's New Home of American Tennis - the largest tennis facility in the world, diverse work spaces, recreational facilities, retail centers, and entertainment venues encompassing the best Orlando has to offer with all the conveniences of a dynamic, vibrant community. Driven by a long-term vision, Lake Nona is committed to building an innovative community that inspires human potential whilst being focused on sustainable design, healthy living, and groundbreaking gigabit fiber optic technology. A smart and connected community, Lake Nona is wired for the future, providing a no-limits foundation for individuals and companies to thrive. For more information, visit www.lakenona.com

About Tavistock Development Co.

Tavistock Development Company is a diversified real estate firm owned by Tavistock Group specializing in planning, design, finance, construction and development of groundbreaking projects. Tavistock Development Company's real estate portfolio is highlighted by the 17-square-mile, master-planned community Lake Nona in Orlando, Florida, as well as The Green at Lakewood Ranch, Pier Sixty-Six Hotel and Marina, Sunbridge and The Grove in Windermere. For more information, visit www.tavistockdevelopment.com


Media Contact:

Carolyn Nurnberg Spungin
cnurnberg@rubenstein.com
212-843-9316

Tavistock Launches Tavistock Hotel Collection

Hotel Online

01.31.2018
+ Read More
Tavistock Launches Tavistock Hotel Collection
Hotel Online
01.31.2018

(Orlando, FL)– Tavistock Development Company, a diversified real estate firm owned by Joe Lewis’ international investment organization Tavistock Group, has launched the Tavistock Hotel Collection, a growing hospitality portfolio which will include the Tavistock Lake Nona Resort and the Tavistock Town Center Hotel in Orlando, Florida. Kit Pappas, the newly appointed vice president of hotel management, will oversee the Tavistock Hotel Collection.

Tavistock Hotel Collection properties will focus on exceptional services and delivering one-of-a-kind experiences. With a growing portfolio of properties that will be unique to their environments, the Tavistock brand of hotels will consistently offer guests bespoke brand standards, from integrated technology that seamlessly connects and common areas that are created to socially engage, to the thoughtful and elegant design of each guest room. Building architecturally significant projects and empowering staff who create extraordinary experiences will be among the hallmarks of the properties.

Tavistock Hotel Collection’s inaugural properties are located within Tavistock’s innovative, master-planned Lake Nona community in the City of Orlando. Lake Nona is one of the fastest growing communities in the nation with a thriving health and life sciences cluster, and sports and performance district that serves as home of the USTA National Campus, the world’s largest tennis facility and KPMG’s new training and innovation facility. With designs by leading Miami-based architecture firm Arquitectonica, the Tavistock Town Center Hotel is scheduled to break ground in 2018 and open at the end of 2019; and the Tavistock Lake Nona Resort is planned to break ground in 2018, with an anticipated opening date for 2020.

Tavistock Development Company also recently acquired Fort Lauderdale’s Pier Sixty-Six Hotel and Marina, which it intends to reimagine as the City’s social harbor and ultimately as a defining destination of the newly created Hotel Collection.

“As we look to our future and that of Tavistock’s growing portfolio of world-class properties, the creation of the Tavistock Hotel Collection will allow us greater opportunities to engage with our customers and create more fulfilling experiences,” said James “Jim” Zboril, President of Tavistock Development Company. “At Tavistock, we don’t just build the buildings and move on to the next project. We create enduring communities, we build exceptional properties, we define sought-after destinations with engaging, one-of-a-kind experiences, and this Collection will only further these efforts by offering us these additional engagement opportunities.”

With a history rooted in hospitality, Tavistock Group’s investments today include several noted hotels, resorts and restaurants worldwide. From Albany in The Bahamas, a 600-acre luxury resort community jointly owned with Tiger Woods and Ernie Els, and the St. Regis Atlanta, recognized as one of the “world’s top 100 properties,” to the Tavistock Restaurant Collection and Mitchells & Butlers, Tavistock’s name is already synonymous with iconic destinations and world-class experiences.

“It’s significant when an organization like Tavistock – known around the globe for its smart investments and commitment to excellence – says they want to create an innovative business opportunity in your industry,” said Pappas, a 30-year hospitality veteran. “With the formation of the Tavistock Hotel Collection, we now have an opportunity to create new brands and experiences with the same excellence, creativity and ingenuity that Tavistock is known throughout the world for, and I for one wanted to be a part of that from day one.”

The Tavistock Lake Nona Resort will be a first-of-its-kind, iconic performance resort and spa featuring one of the nation’s largest manmade crystal lagoons bringing the beach to Central Florida. Nestled between the Lake Nona Golf & Country Club and the USTA National Campus, the property will continue the community’s dedication to wellness, offering the highest level of performance and healthy living in a luxury resort setting, appealing to athletes, leisure travelers, incentive groups and families. Additional highlights of the property will include cutting-edge design, leading full-service and top-tier amenities, custom-designed guestrooms to optimize performance and the comfort of multiple guests, as well as an expansive rooftop lounge and a major fitness and spa campus.

The Tavistock Town Center Hotel will sit at the center of what will become a 3+ million square-foot destination for retail, dining and entertainment. The full-service property will feature a 16-story tower with 215 guestrooms and will be an ideal destination for leisure travelers, business professionals and style-conscious guests. Design details include a sleek exterior, grand motor court entrance, sophisticated lobby, ballroom and meeting space, as well as an 80-seat restaurant and a vibrant rooftop pool and lounge with private event capabilities.

Tavistock Hotel Collection corporate headquarters will be based in Lake Nona, alongside Tavistock’s Development’s headquarters. Pappas is responsible for leading Tavistock’s growing hotel portfolio with a focus on overseeing third-party management, guest experience, and operations. Pappas will also work alongside Tavistock’s development and operations teams to explore and drive potential opportunities to expand the portfolio’s holdings.

Prior to joining Tavistock Hotel Collection, Pappas served as chief operating officer for Capella Hotel Group, a luxury hotel development and management company with properties worldwide. He has also worked with notable hotel companies including: Tishman, Hard Rock Hotels, and The Ritz-Carlton, serving in both marketing and operational leadership roles. Pappas is a graduate of Michigan State University’s College of Business, School of Hotel Restaurant and Institutional Management.

Tavistock Hotel Collection Announced

Hotel Business

01.30.2018
+ Read More
Tavistock Hotel Collection Announced
Hotel Business
01.30.2018

Tavistock Development Company, a diversified real estate firm owned by Joe Lewis' international investment organization Tavistock Group, has launched the Tavistock Hotel Collection, a growing hospitality portfolio which will include the Tavistock Lake Nona Resort and the Tavistock Town Center Hotel in Orlando, Florida. Kit Pappas, the newly appointed vice president of hotel management, will oversee the Tavistock Hotel Collection.

Tavistock Hotel Collection properties will focus on exceptional services and delivering one-of-a-kind experiences. With a growing portfolio of properties that will be unique to their environments, the Tavistock brand of hotels will consistently offer guests bespoke brand standards, from integrated technology that seamlessly connects and common areas that are created to socially engage, to the thoughtful and elegant design of each guest room. Building architecturally significant projects and empowering staff who create extraordinary experiences will be among the hallmarks of the properties.

Tavistock Hotel Collection's inaugural properties are located within Tavistock's innovative, master-planned Lake Nona community in the City of Orlando. Lake Nona is one of the fastest growing communities in the nation with a thriving health and life sciences cluster, and sports and performance district that serves as home of the USTA National Campus, the world's largest tennis facility and KPMG's new training and innovation facility. With designs by leading Miami-based architecture firm Arquitectonica, the Tavistock Town Center Hotel is scheduled to break ground in 2018 and open at the end of 2019; and the Tavistock Lake Nona Resort is planned to break ground in 2018, with an anticipated opening date for 2020.

Tavistock Development Company also recently acquired Fort Lauderdale's Pier Sixty-Six Hotel and Marina, which it intends to reimagine as the City's social harbor and ultimately as a defining destination of the newly created Hotel Collection.

"As we look to our future and that of Tavistock's growing portfolio of world-class properties, the creation of the Tavistock Hotel Collection will allow us greater opportunities to engage with our customers and create more fulfilling experiences," said James "Jim" Zboril, President of Tavistock Development Company. "At Tavistock, we don't just build the buildings and move on to the next project. We create enduring communities, we build exceptional properties, we define sought-after destinations with engaging, one-of-a-kind experiences, and this Collection will only further these efforts by offering us these additional engagement opportunities."

With a history rooted in hospitality, Tavistock Group's investments today include several noted hotels, resorts and restaurants worldwide. From Albany in The Bahamas, a 600-acre luxury resort community jointly owned with Tiger Woods and Ernie Els, and the St. Regis Atlanta, recognized as one of the "world's top 100 properties," to the Tavistock Restaurant Collection and Mitchells & Butlers, Tavistock's name is already synonymous with iconic destinations and world-class experiences.

"It's significant when an organization like Tavistock - known around the globe for its smart investments and commitment to excellence - says they want to create an innovative business opportunity in your industry," said Pappas, a 30-year hospitality veteran. "With the formation of the Tavistock Hotel Collection, we now have an opportunity to create new brands and experiences with the same excellence, creativity and ingenuity that Tavistock is known throughout the world for, and I for one wanted to be a part of that from day one."

The Tavistock Lake Nona Resort will be a first-of-its-kind, iconic performance resort and spa featuring one of the nation's largest manmade crystal lagoons bringing the beach to Central Florida. Nestled between the Lake Nona Golf & Country Club and the USTA National Campus, the property will continue the community's dedication to wellness, offering the highest level of performance and healthy living in a luxury resort setting, appealing to athletes, leisure travelers, incentive groups and families. Additional highlights of the property will include cutting-edge design, leading full-service and top-tier amenities, custom-designed guestrooms to optimize performance and the comfort of multiple guests, as well as an expansive rooftop lounge and a major fitness and spa campus.

The Tavistock Town Center Hotel will sit at the center of what will become a 3+ million square-foot destination for retail, dining and entertainment. The full-service property will feature a 16-story tower with 215 guestrooms and will be an ideal destination for leisure travelers, business professionals and style-conscious guests. Design details include a sleek exterior, grand motor court entrance, sophisticated lobby, ballroom and meeting space, as well as an 80-seat restaurant and a vibrant rooftop pool and lounge with private event capabilities.

Tavistock Hotel Collection corporate headquarters will be based in Lake Nona, alongside Tavistock's Development's headquarters. Pappas is responsible for leading Tavistock's growing hotel portfolio with a focus on overseeing third-party management, guest experience, and operations. Pappas will also work alongside Tavistock's development and operations teams to explore and drive potential opportunities to expand the portfolio's holdings.

Prior to joining Tavistock Hotel Collection, Pappas served as chief operating officer for Capella Hotel Group, a luxury hotel development and management company with properties worldwide. He has also worked with notable hotel companies including: Tishman, Hard Rock Hotels, and The Ritz-Carlton, serving in both marketing and operational leadership roles. Pappas is a graduate of Michigan State University's College of Business, School of Hotel Restaurant and Institutional Management.

Tavistock Announces Lake Nona Resort

Announcement

11.16.2017
+ Read More
Tavistock Announces Lake Nona Resort
Announcement
11.16.2017

Tavistock Development Company, a diversified real estate firm owned by Tavistock Group, today announced details surrounding an iconic performance resort and spa at its master-planned Lake Nona community in Orlando, Fla. Arquitectonica, a leading Miami-based architecture firm, is designing the Lake Nona Resort, which is planned to break ground in 2018 with an opening date set for 2020.

Located along the southern shore of Lake Nona and just steps away from the new USTA National Campus – the world’s largest tennis campus with 100 courts – the eight-story Lake Nona Resort will feature cutting-edge design, top-tier amenities including 20,000 square feet of meeting space, a major fitness and spa campus, a 120,000-square-foot beach volleyball venue, one the nation’s largest manmade crystal lagoons bringing the beach to Central Florida, and 250 custom-designed guestrooms and 80 condominium units to optimize both performance and comfort.

“With Orlando now approaching 70 million annual visitors, it is a very competitive hotel market with many exceptional properties and operators,” said Tavistock Development Company President Jim Zboril. “Our focus is on sports and performance and we believe this is the first-of-its-kind performance-driven Resort created from scratch in the United States. With our proximity to the airport, this facility will not only serve the Lake Nona community and our growing Sports and Performance District but will provide a unique addition to the Central Florida region. Lake Nona has become synonymous with innovation and wellbeing, and the creation of this iconic Resort highlights our dedication to building a holistic performance environment for residents, businesses and visitors.”

“The new Lake Nona Resort creates a gateway that announces arrival to one of the dramatic man-made water bodies anywhere,” said Bernardo Fort-Brescia, principal of Arquitectonica. “Water and glass interact; they perform together to create an unexpected yet memorable form in the landscape of Orlando's Lake Nona. The crystal lagoon creates a new geography that deserves a strong architectural response. The building folds to create four facets that sinuously undulate in concert with the lagoon's organic edges. At its center, the building bridges over the lagoon forming a gateway into the long perspective of the lagoon as it fades into the horizon. The building skyline lowers at the roofline to create an open terrace overlooking the lake and the USTA tennis complex. It creates a delicate link between the two wings and frames the skies beyond.”

Inspired by Lake Nona’s forward-thinking mission statement, ‘To create the ideal place that inspires human potential through innovative collaboration,’ the Resort will offer the highest level of performance and healthy living in an exceptional resort setting, appealing to athletes, business travelers, weekend warriors and families seeking an escape with an abundance of healthy activity, rejuvenation and relaxation.

Situated within Lake Nona, the world’s most sophisticated wellness community as noted by the Global Wellness Institute, the hotel’s design and offerings are complementary with the community’s forward-thinking wellbeing initiatives. Every detail of the Resort is being designed around optimizing key tenets of performance, including nutrition and recovery.

Performance. To amplify one’s performance, the standard rooms are oversized by approximately 450- square feet to allow extra space for stretching and fitness equipment, television content and onsite programming and classes will be designed around performance and wellbeing, quick-turn laundry will be available for those athletes who demand immediate service, and there will be a kids’ area designed with healthy activities. In addition to the fitness and spa campus, the Resort will feature a 24-hour Technogym-equipped fitness facility and trails throughout the community will be outfitted with Technogym training stations.

Nutrition. To encourage optimal health and nutrition, an onsite nutritionist will be available for all guests. Customized menus will offer pre- and post-workout recommendations across the Resort’s food and beverage services, which will also include juice bars and sports drink stations. An onsite garden will provide the Resort’s chefs local produce.

Recovery. An essential element of health is prescribed rest to allow the body to recover. Resort rooms will feature oversized beds with specialized fitness-designed mattresses, black-out shades and circadian lighting features, recovery-focused locker rooms and amenities that rejuvenate from music and aromatherapy to the world-class spa.

A natural addition to Lake Nona’s growing roster of investments that raise the bar on human performance and wellbeing, the Resort joins recent community anchors including the USTA National Campus, KPMG’s $400-million training and innovation center, as well as Johnson & Johnson’s Human Performance Institute and longitudinal community health and wellbeing study, the Lake Nona Life Project.

“With the Lake Nona Resort, our players and visitors will have unparalleled amenities tailored to amplify their performance and overall experience at the USTA National Campus, from onsite nutritional support and equipment storage to watching streamed matches on their in-room TV,” said Gordon Smith, USTA Executive Director and Chief Operating Officer.

The crystal clear lagoon, designed with Miami-based Crystal Lagoons US Corp, will encompass more than 15 acres (with the potential to expand to more than 20 acres) and will be lined with sandy beaches. The lagoon will be accessible by Resort guests, as well as members from within the Lake Nona Golf & Country Club. Nearly sold out, the top-ranked Club will expand the private residential golf club community along the southern shore of Lake Nona and the new crystal lagoon. Expansion plans include luxurious condominiums, single-family residences and a beach club with access to the lagoon.

"Our partnership with Tavistock Development Company is based on a collective vision to create an environment fostering innovation, sustainability, wellbeing and an active lifestyle which our crystal clear lagoon will provide, further enhancing Lake Nona's reputation as a world-class development," said Kevin P. Morgan, Executive Vice President of Crystal Lagoons, US Corp.

Additionally, the Resort campus will be home to an expansive rooftop lounge and 20,000 square feet in meeting space, including an expansive ballroom designed to accommodate large groups, business meetings, weddings and other functions. Several restaurant options will be available to guests including both sit-down and on-the-go options. In additional to traditional dining experiences, performance-focused food and beverage options will also be available, including menus specifically designed by leading nutritionists to complement the needs of athletes both pre- and post-workout. The Resort is expected to welcome 100,000+ visitors annually.

CRYSTAL LAGOONS
Crystal Lagoons is a multi-national water-innovation company with US headquarters in Miami, Florida that has developed an innovative concept and technology, patented in 190 countries, allowing for the construction and maintenance of unlimited size bodies of water in crystal clear conditions at low cost. Crystal Lagoons' impressive turquoise waters are revolutionizing not only the real estate world but also water and energy production. Applications range from bringing idyllic beach life to locations otherwise thought unimaginable, to providing industrial solutions for closed-circuit cooling systems for thermal power plants and data-centers, among others. For more information, please visit www.crystal-lagoons.com.

Town Center Partnership Announced

Announcement

08.16.2017
+ Read More
Town Center Partnership Announced
Announcement
08.16.2017

Today, Lake Nona announced an exciting partnership between Tavistock Development Company and Intersection, a company dedicated to improving the experience of public places through technology, to seamlessly integrate technology into the fabric of the growing Lake Nona Town Center. Tavistock Development and Intersection will create a Digital Master Plan and connected retail experience design for the 3.8 million-square-foot Lake Nona Town Center. Working together, the partners will identify opportunities to integrate the physical world of brick and mortar with digital technology to reimagine the traditional retail, entertainment and hospitality experience.

Intersection and Tavistock Development will work together to create new opportunities for retailers, restaurants and hotels to offer unique experiences for residents and visitors of Lake Nona. Solutions will be developed, tested and deployed to solve longstanding retail issues such as parking, wayfinding, and operational efficiencies while integrating new technology into the physical environment to create a first-ever connected, responsive retail experience that will respond to consumer preferences.

Intersection is backed by Google’s parent company Alphabet, through its urban technology company, Sidewalk Labs, which works to accelerate and guide the creation of smart cities. The partnership will incorporate abundant connectivity, seamless retail experiences, accessible fitness and wellbeing opportunities, responsive transactions and a cohesive transportation infrastructure.

“As placemakers who strive to be innovative and collaborative in everything we do, the relationship with Intersection is a natural evolution to complement our built environment. What impressed me most was the brainpower and passion that Intersection possesses and, together, we accept the challenge of creating innovative, value-added solutions within the ever-changing landscape of retail,” said Rasesh Thakkar, Senior Managing Director of Tavistock Group. “We can’t wait to incorporate transformative digital strategies, as created by Intersection, at our 4 million-square-foot entertainment and shopping district.”

The first phase of the 100-acre Lake Nona Town Center opened in January 2016 with an 85,000-square-foot office building, two hotels (a Marriott Residence Inn and Courtyard by Marriott), 16,000 square feet of retail and restaurant space and a multi-level parking structure. The five-story central parking structure features two visual and interactive landmarks, the six-story Beacon and the Code Wall.

The partnership announcement comes on the heels of recent development news at Lake Nona Town Center. In addition to the two hotels currently in operation in Lake Nona Town Center, Tavistock recently announced the initial plans for a modern 215-room hotel and full-service venue designed by world-renowned architecture firm, Arquitectonica. Construction on the new Town Center hotel that will be at the heart of the growing Town Center is set to begin early 2018.

Also this week, Tavistock announced plans for a new speculative 155,000 SF, six-story, class-A, multi-tenant office building in Lake Nona Town Center. Conveniently located at the southwest corner of Veteran’s Way and Lake Nona Boulevard, the Town Center’s newest multi-tenant office building will consist of 25,000+ SF floor plates, upgraded design finishes and an exquisitely landscaped plaza with outdoor seating. Designed by award-winning architecture firm m+a architects with design architect Place Alliance, PCL Construction Services, Inc was selected as the General Contractor and plans to break ground on the project this Fall with a projected completion date in Fall 2018.

Details were also recently announced for a new 11-story, 201-unit modern flats project, Pixon, which is set to break ground. Pixon will be in walking distance to the Lake Nona Town Center and features an impressive list of innovative community conveniences including a car share program featuring Tesla Model 3’s, a concierge delivery system, 32,500 SF of ground-floor retail and the Orlando market’s first micro-apartment unit.

Town Center Hotel Announced

Orlando Sentinel

08.09.2017
+ Read More
Town Center Hotel Announced
Orlando Sentinel
08.09.2017

Tavistock Development Company, a diversified real estate firm owned by Tavistock Group, announced initial plans for its latest hotel in the fast-growing, innovative Lake Nona community in Orlando, Fla. The modern 215-room hotel, situated in the next phase of the Lake Nona Town Center, will be a full-service venue that will further establish Lake Nona as a destination for leisure travelers, business professionals and style-conscious guests. Construction is set to begin early next year.

In the heart of Lake Nona’s premier entertainment, dining and shopping district, the Town Center hotel will echo the energy of the Lake Nona Town Center with its modern, exciting and social vibe extending throughout the property. The iconic, 16-story tower, designed by renowned architecture firm Arquitectonica, boasts a sleek exterior, grand motor court entrance, sophisticated lobby, ballroom for 200, plus a vibrant rooftop pool and lounge with private event capabilities. With convenient transportation available to all guests for access throughout Lake Nona, the hotel will also offer frequent connections to the neighboring Orlando International Airport, offering easy access to Orlando’s 68 million visitors annually. And a partnership with BAGS, Inc. offers guests the convenience of seamless baggage delivery to and from Lake Nona.

“The Town Center hotel will be a defining anchor within Lake Nona’s premier entertainment, dining and retail district,” said Jim Zboril, President of Tavistock Development Company. “Its iconic and thoughtful design will offer Orlando visitors a first-class location with fun and exciting amenities. With the south terminal expansion underway at the airport, we believe that this unique property will cater to airport travelers as well as those who intend to make Lake Nona their final destination.”

"We are excited to be designing this new hotel in such a community as progressive as Lake Nona,” said Bernardo Fort-Brescia, principal of Arquitectonica. “Our goal is a building whose architecture represents the aspirations of this new town: fresh, vibrant, memorable and of its place."

Through mindful design, tailored guestrooms and suites that are thoughtfully detailed will offer effortless spaces for both work and relaxation. Efficient workspaces (sculptural console that functions as a desk) with ergonomic seating and integrated linear lighting will appeal to the sophisticated business professional, while spacious rooms with unique bathrooms and dressing areas will offer a first-class experience for all hotel guests.

The hotel features more than 6,000 square feet of meeting space, that includes a 3,200-square-foot ballroom, executive boardroom and two smaller meeting rooms. In addition, the hotel with its ground floor retail will be situated next to The Lawn, a large, multi-purpose, open-air green space and gathering spot within the Lake Nona Town Center.

Situated within Lake Nona, the world’s most sophisticated wellness community as noted by the Global Wellness Institute, the hotel’s design and offerings are complementary with the community’s forward-thinking wellbeing initiatives. The 24-hour gym features first-class equipment and on-demand fitness by Lake Nona partner Technogym, who recently aligned with Lake Nona to create the first seamlessly connected fitness ecosystem in the U.S. Hotel guests will have access to Lake Nona’s fiber network providing internet at speeds approximately 200x the U.S. average.

In addition to the hotel’s 80-seat restaurant and rooftop bar & lounge, hotel guests will find themselves immersed into the social center of the Lake Nona neighborhood with dozens of shops, restaurants and entertainment venues just steps away.

The Lake Nona Town Center is a 100-acre anchor and regional destination for the large-scale, master-designed Lake Nona community and the greater Orlando region. At full build out, the Town Center will feature more than 3.8 million square feet. Its first phase opened in January 2016 with an 85,000-square-foot office building, two award-winning hotels (a Marriott Residence Inn and Courtyard by Marriott), 16,000 square feet of retail and restaurant space and a multi-level parking structure. The five-story, central parking structure features two visual and interactive landmarks, the six-story Beacon and the Code Wall.

The open-air project will be accessed by the region’s most efficient and robust transportation infrastructure including three interchanges off SR-417, Orlando’s eastern beltway serving residential communities and Walt Disney World. Super-regional transportation includes Orlando International Airport and the planned All Aboard Florida high-speed train, both located adjacent to Lake Nona.

Owned by international private investment organization Tavistock Group, Lake Nona is an innovative, master-designed community by Tavistock Development Company in Orlando, Fla. One of the country’s fastest-growing communities with more than 12,000 residents and more than 10 million square feet of residential and commercial facilities, Lake Nona’s corporate pipeline includes major regional projects including KPMG’s $400-million training and innovation center and the newly announced Amazon high-tech fulfillment center, both of which continue to position Lake Nona as one of the state’s largest economic engines with business clusters committed to advancing developments in the areas of sport and human performance, health and wellbeing, education and technology.