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.

PHONE NUMBER

561-826-3600

EMAIL ADDRESS

info@economosproperties.com

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