After nine years of work, a plan to build a luxury upscale hotel and condo project known as the Grand Bohemian is dead.
City leaders Thursday agreed to a deal to let Orlando hotel developer Kessler Enterprise pay off its remaining debt from its $3.3 million purchase of the old Maas Brothers Store site that it bought in 2004 to build a hotel and condo tower.
Kessler officials said they now plan to sell the 1.2-acre parcel on the northwest corner of Second Street North and First Avenue North to Daniel Corp., an Atlanta-based development firm planning to build luxury apartments and some retail stores. Kessler officials declined to divulge the sale price.