We're just saying it will be one of the tallest buildings in Orlando. We're not looking to get into a competition over who can build the biggest yacht, so to speak.
I would call this a unique opportunity for people who want to use the property for 60 or 90 days a year. We're finding all kinds of people who want a vacation home.
Our project will bring a Las Vegas, New York and Miami/style atmosphere to Orlando and people seem to find it appealing. They're voicing their approval with their check book.
We estimate the first phase will take 18 to 24 months to complete.
The condo hotel is a perfect fit for beach people. If they owned a regular condo, they would have had restrictions on how often they could rent it out. With a condo hotel, renting isn't a problem.