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Property across from Florida Mall to be redeveloped

By Trevor Fraser and WFTV.com News Staff

A Washington-based investor has filed plans to convert the Stayable Suites on Orange Blossom Trail to multifamily residences. (TREVOR FRASER/Orlando Business Journal)

By Trevor Fraser and WFTV.com News Staff

ORLANDO, Fla. — Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.

A national investor is looking to convert an extended stay hotel across from the Florida Mall into apartments, according to plans filed with Orange County.

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Plans filed March 18 on behalf of Washington-based developer Sage Investment Group would transform the Stayable Suites at 8700 S. Orange Blossom Trail into 206 multifamily units, as well as add 5,000 square feet of retail space.

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The plans request to rezone 4.48 acres from C-1 to a planned development. The property was purchased in 2020 for $6.6 million by 8700 OBT Orlando Holdings LLC.

Click here to read the full story on the Orlando Business Journal’s website.

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