Florida developer One Stop Housing plans affordable apartments in Orlando

ORLANDO, Fla. — Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.

A Sarasota-based developer plans to convert an Orlando hotel into affordable apartments.

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The project would be One Stop Housing’s second in the city of Orlando and its third in the region. Plans were filed April 25 with the city to convert the Ambassador Hotel at 929 W. Colonial Drive into a 150-unit apartment community dubbed Palm Gardens Orlando Apartments.

Mark Vengroff, One Stop Housing’s managing partner, told Orlando Business Journal the developer is under contract to buy the property from Orlando-based Sammys Investments LLC.

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Click here to read the full story on the Orlando Business Journal’s website.