HB Capital Group Plans 37 Story Mixed Use Tower Across From Lake Eola in Orlando

• HB Capital Group filed plans for a 37-story mixed-use tower in downtown Orlando
• The project includes 252 condos, a 221-key hotel, and 35000 square feet of retail
• The site sits directly across from Lake Eola Park

What HB Capital Group is planning in Downtown Orlando

Plans have been filed for a major mixed-use development across from Lake Eola Park in downtown Orlando. The project is being led by HB Capital Group and represents a significant increase in scale compared to previous proposals for the site. The 37-story tower will rise 425 feet and deliver up to 252 condominium units along with a 221-room hotel. The development will also include approximately 35000 square feet of commercial space and structured parking. Located at a prime intersection near the park, the project targets one of the most visible and strategic development sites in the city.

What the scale and mixed-use strategy signal for investors

The project blends residential, hospitality, and retail components, a model that continues to gain traction in high-growth markets like Orlando. Plans also include a ground-floor restaurant and a hotel pool deck overlooking Lake Eola, reinforcing the lifestyle-driven nature of the development. The scale of the proposal marks a major shift from earlier plans for a smaller hotel, indicating stronger confidence in market demand and long-term growth.

What this means for Downtown Orlando development

Downtown Orlando continues to see increased interest from developers as demand grows for both residential units and hotel rooms. City officials have indicated support for the project, citing a shortage of hotel supply and ongoing residential demand. If approved, the tower would become one of the tallest buildings in the city and introduce branded residences to the downtown core. This type of high-density development reflects a broader trend of urban intensification in central business districts.

What to watch as approvals move forward

The project is scheduled for a planning board hearing in May, where approvals will determine next steps. No construction timeline has been announced. As the project advances, key factors will include final design approval, hotel branding, and market response to the mixed-use concept.