Tuesday, February 17, 2009

Pizzuti to build 11-story tower on Orange near Colonial

Source: Jerry W. Jackson | Sentinel Staff Writer
2:42 PM EST, February 17, 2009

Bulldozers were clearing land near the corner of Orange Avenue and Colonial Drive in downtown Orlando on Tuesday as Ron Pizzuti, one of Central Florida's best-known commercial developers, looked on and vowed to move quickly to build an 11-story retail-office tower on the site, despite the real estate slump.

"We're not in the land-bank business," Pizzuti said as he and Scott Hall, his top executive in Orlando, talked about the 165,000-square-foot building and why they are pressing ahead with a downtown office project now.

Full story: http://www.orlandosentinel.com/business/orl-bk-pizzuti-021709,0,4793267.story

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