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02-19-2008, 11:17 AM
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55 West & downtown Orlando
I don't remember correctly, but isn't 55 West suppose to be taller than the SunTrust building across from it? I'm on the I-4 "parking lot" every morning and I notice they started to build the roof on the structure. Another thing, why is a 1bd/1bth or loft so expensive in downtown, I just moved back in mid '06 and the rent is $1500 or to buy is at $300K.
 Just looking for some insight? Thanks. 
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02-19-2008, 12:15 PM
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Buy it and you will be selling it for 200K in a year. There is no "DOWNTOWN" Orlando. A bunch of empty buildings do not make a city nor will it make one in the future. If it hasn't caught fire by now it never will.
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02-19-2008, 07:09 PM
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Don't know about 55 west's supposed height. But I will tell you the bank that was financing the developer for 55 has foreclosed on the project, and they are not considering turning a large part of it into a hotel, and having much more office space.
Downtown condo market is very soft right now. Solaire is auctioning off their inventory soon as well.
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