PROJECT TEAM: Hospitality Development Group Inc.

LOCATION: Orange County, Fla.

SIZE: 1,260 luxury hotel and condominium units

COMPLETION: Early 2009

BUZZ: Palazzo del Lago will be an $800 million luxury resort when completed. Construction on Phase I, which encompasses the InterContinental Resort & Residences Orlando and the first resort residential tower, is scheduled to begin in fall 2006.