Sky Development has received site plan approval for the project,which will consist of two towers on 2.97 acres. The project islocated on the corner of West Livingston Street and North GarlandAvenue near the Orange County Court House and directly across fromthe LYNX station.

The first phase consists of Sky Tower I, which will be a25-story, class A office building with 515,000 sf of space. Salesand leasing efforts will begin in the fourth quarter of this year.Construction is expected to be completed by the end of 2010, SkyDevelopment founder and CEO Yizhak Toledano tells GlobeSt.com.

"The project is in a prime location right off of Interstate 4 inDowntown Orlando," Toledano says. "There's a great demand for bothoffice and hotel space in the Downtown area."

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