Joint Venture to Build Hilton Hotel in Orlando

Hilton Hotels Corporation, Apollo Real Estate Advisors and Rida Development Corporation announced that they have formed a joint venture to build the Hilton Orlando Convention Center.

The hotel will fill a void in high-end hotel rooms near the Orange County Convention Center, in central Florida.

“The Hilton Orlando Convention Center is a true full-service hotel that will not only serve as the flagship hotel for the convention center, but will also have a great leisure and spa component, allowing both conventioneers and leisure guests the opportunity to enjoy Orlando,” said Ira Mitzner, president of Rida Development Corporation.

The Hilton Orlando Convention Center is being designed by HKS Architects in Orlando and will be built by Welbro Construction Company.