"Hilton Worldwide is presenting its own annual award for “2009 Developer of the Year” to UrbanAmerica Advisors, for its Doubletree Resort Orlando – International Drive. UrbanAmerica Advisors is a $520 million minority-owned real estate investment advisory company that has acquired more than 10 million square feet of real estate assets over the last ten years, valued in excess of $2 billion.Hilton Worldwide selects its Developer of the Year from all of the projects that opened in a given year across its full brand portfolio. Senior development managers consider the merits of each project and weigh the complexity, size and overall scope of each development, including the end result. This year, UrbanAmerica’s Doubletree Resort in Orlando, Fla. was unanimously chosen by the Hilton Worldwide development team. The 1,094 room hotel is the largest in the Doubletree brand. Bill Fortier will present the award today to Richmond McCoy, founding partner, president and CEO of UrbanAmerica, at a celebratory NABHOOD luncheon.
Fortier added, “We are delighted to present this award to Richmond McCoy and UrbanAmerica – the choice was an easy one to make! The conversion product improvement plan for the Doubletree Resort in Orlando was significant, and getting the project financed and finished was very complex. Finally, the end result was very impressive and we were excited to see the property open on September 22, 2009.”
Doubletree Resort Orlando International Drive is managed by Pyramid Hotel Group, one of the nation’s leading hotel companies with numerous recognized honors and awards.
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