COMPANY
Company History
January 1, 1969
1969
1969 – Economos Properties founded.
February 2, 1969
1969
Acquired the 23-Unit Shore Drive Hotel along with apartments in Norfolk, VA.
May 13, 1970
1970-1975
Acquired 8 Motor Lodges in Norfolk and Virginia Beach, VA.
- Anchorage
- Buccaneer
- Hamilton Inn
- Inlet House
- Market 800
- Sea Isle Motor Lodge
- Surf Side
- Twin Sales
April 13, 1974
1974-1980
Developed E&W Sub Shops and Denny’s Pizza & Submarines in Norfolk, VA totaling 11 restaurants and 100 employees grossing $6 million annually.
January 1, 1977
1977
Developed a 164-unit Scottish Inns of America in Norfolk, VA.
- Anchorage
- Buccaneer
- Hamilton Inn
- Inlet House
- Market 800
- Sea Isle Motor Lodge
January 2, 1977
1977
Developed the MacThrift Motor Inns totaling 315-units in 5 separate motels.
May 26, 1985
1985
Developed Streamers nightclub in Virginia Beach, VA which was located inside the Omni Hotel.
July 26, 1985
1985
Developed a 200-seat restaurant, Mitty’s, in Virginia Beach, VA. The restaurant was located inside the Omni Hotel.
- Anchorage
- Buccaneer
- Hamilton Inn
- Inlet House
December 23, 1985
1985
Developed a 169-room Plaza-Hotel in Virginia Beach, VA, which was later branded as an Omni Hotel.
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May 26, 1989
1989
Developed a 183-room Omni Hotel in Newport News, VA.
August 26, 1989
1989
Developed Streamers nightclub in Newport News, VA which was located inside the Omni Hotel.
- Anchorage
- Buccaneer
- Hamilton Inn
- Inlet House
- Market 800
September 27, 1989
1989
Developed a 200-seat restaurant, Mitty’s, in Newport News, VA. The restaurant was located inside the Omni Hotel.
May 27, 1990
1990
Developed a 163-room Howard Johnson’s in Norfolk, VA.
- Anchorage
- Buccaneer
- Hamilton Inn
August 27, 1990
1990
Developed 200 bay-front townhomes at Moore’s Point in Norfolk, VA
May 27, 1991
1991
Developed 210 homes at Westgate – Kiln Creek in Newport News, VA.
July 26, 1991
1991
Developed a 52-room Inlet House in Virginia Beach, VA.
May 27, 1992
1992
Converted a 163-room Howard Johnson’s into a Ramada in Norfolk, VA.
January 27, 1996
1996
Developed a 79-suite Hampton Inn & Suites by Hilton in Islamorada, FL.
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August 27, 1998
1998
Developed an Outback Steakhouse with a Tiki Bar in Islamorada, FL. The restaurant was located inside Hampton Inn & Suites.
- Anchorage
- Buccaneer
- Hamilton Inn
- Inlet House
- Market 800
- Sea Isle Motor Lodge
July 27, 2000
2000
Purchased a 25K square foot office building, anchored by Bank of America and used as Economos Properties corporate headquarters.
January 27, 2004
2004
Converted the historic Cadillac Hotel into a 263-room Courtyard by Marriott in Miami Beach, FL.
May 27, 2004
2004
Developed a 156-room Hilton Garden Inn at the Ft. Lauderdale International Airport in Ft. Lauderdale, FL.
July 27, 2004
2004
Developed a Carrabba’s Italian Grill with a Tiki Bar in Miami Beach, FL. The restaurant was located inside the Courtyard by Marriott.
May 27, 2006
2006
Developed a 8K square foot retail strip center, the Shops at Spanish River, next to Economos Properties corporate headquarters, in Boca Raton, FL.
May 27, 2007
2007
Recognized by South Florida CEO Magazine as “Top Employers” in South Florida.
- Anchorage
- Buccaneer
- Hamilton Inn
- Inlet House
May 27, 2008
2008
Developed a 189-room Hilton Garden Inn at the Miami International Airport in Miami, FL.
July 27, 2008
2008
Developed a 124-suite Homewood Suites by Hilton at the Miami International Airport in Miami, FL.
March 27, 2009
2009
Homewood Suites by Hilton Miami Airport West was awarded Highest Extended Stay Percentage, Top New Hotel, and Connie Award.
May 27, 2009
2009
Developed a 157-room Fairfield Inn & Suites by Marriott at the Ft. Lauderdale International Airport in Ft. Lauderdale, FL.
July 27, 2009
2009
Developed a 124-room Homewood Suites by Hilton at the Ft. Lauderdale International Airport in Ft. Lauderdale, FL.
September 27, 2009
2009
Economos Properties was awarded Best of Boca Raton in Hotel Management by USCA.
- Anchorage
- Buccaneer
- Hamilton Inn
- Inlet House
May 27, 2010
2010
Economos Properties was awarded Best of Boca Raton in Hotel Management by USCA
December 27, 2010
2010
Began third-party management of a 220-room Holiday Inn in Sparks, NV.
May 27, 2012
2012
Began making mezzanine loans.
May 27, 2017
2017
Developed a 124-room Four Points by Sheraton at the Miami International Airport in Miami, FL
- Anchorage
- Buccaneer
- Hamilton Inn
- Inlet House
- Market 800
- Sea Isle Motor Lodge
May 27, 2018
2018
Purchased a 220-room Holiday Inn in Sparks, NV.
August 27, 2018
2018
Converted a 220-room Holiday Inn into a Best Western Plus in Sparks, NV.
May 27, 2019
2019
Began development of a 350-room dual branded Marriott and AC Hotel by Marriott at the Ft. Lauderdale Airport in Ft. Lauderdale, FL.
May 27, 2020
2020
Developed Industry 55 Bar & Grill restaurant in Sparks, NV. The restaurant is located inside the Best Western Plus.
Economos Properties’ real estate investments are thriving, with current development of new hotels and other properties throughout South Florida with an expansion into Nevada.
We have exciting, large-scale development projects in the works, such as the construction of a dual-branded Marriott hotel at Dania Pointe in Dania Beach, Florida.
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