(Orlando, Florida) – Construction on a $4 million, 74-room hotel at Orlando Executive Airport may begin in the third quarter of 2013.
The Greater Orlando Aviation Authority approved Oct. 17 a 20-year lease on 1.78 acres with Holland Hospitality Group I LLC for a Microtel Inn & Suites near Amelia Street.
The hotel is planned near Sheltair Orlando Air Center Inc., which is an affiliate of Holland Hospitality and leases out hangar and airline service-related office space at the airport. The project has been in the works since 2009.
The hotel project was one of three new commercial projects approved by the airport board. The board also agreed to lease two parcels it owns on Colonial Drive.
• The board agreed to lease 2.12 acres to GFS Marketplace Realty Five LLC to build a 16,000-square-foot GFS Marketplace Food Store, a store run by Gordon Food Services that sells products to restaurant, catering and food service firms as well as the general public. Two of the company’s 150 stores are in Orlando.
• The board also agreed to lease 2.12 acres to Wawa Inc. The company is opening its sixth Central Florida store later this month.
The three new leases represent an additional $300,000 annually in rent payments for the Greater Orlando Aviation Authority, which operates Orlando Executive Airport and Orlando International Airport.