Kissimmee, FL, a 100-year-old cattle ranching bastion with a permanent population of 41,248 and five miles from Walt Disney World, is about to get a Downtown facelift.

Winter Construction wants to buy the 85-year-old Brahman Hotel for a so-far undisclosed price and replace it with a 10-story, 140-room hotel. The inn’s hard cost construction value is estimated at $12 million.

Winter also plans to build a three-story parking garage; create a new exterior for the Republic Bank building; and put $2 million into restoring the Arcade Theater, another 85-year-old property that would be used by the Osceola Center for the Arts.

The hotel, on Broadway and Dakin Avenue, would be the tallest structure in the city which is 20 miles south of Downtown Orlando. Winter would like to break ground on the project by mid-2001 and complete the job within a year if current purchase negotiations are completed satisfactorily.

The hotel would be built on land that serves as a parking lot for Republic Bank building customers.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dig Deeper



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.