Brokers and consultants in a position to know tell GlobeSt.comChicago developer Michael Murray, a principal at ChurchillDevelopment Group LLC, and local developer Craig Ustler arefavorites to win the contract. City officials are expected toselect the developer by Nov. 1.
Other bids the city is studying come from the local office ofLincoln Property Co. and David Eichenblatt, an Atlanta developerwho this year successfully converted the former Harley Hotel intothe Metropolitan, a sold-out, 250-unit condo community directlyacross from Lake Eola Park.
City officials and staffers declined to disclose details on theproposed high rise which is planned on a city parking lot, fourblocks from the Vue, a proposed 35-story, $85-million condo-retailundertaking at Rosalind Avenue and Robinson Street.
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