November 09, 2011
President Lewis Duncan, Trustee Ted Alfond (Class of 1968), Peter Alfond (Class of 1975), Trustee David Lord (Class of 1969 ’71MBA) and Winter Park Mayor Ken Bradley break ground on The Alfond Inn at Rollins. (Photo by Judy Watson Tracy)
Rollins broke ground on The Alfond Inn at Rollins on Friday, November 4, which coincided with the College’s Founders’ Day and 126th anniversary.
In celebration of the occasion, college officials, local politicians, developers and contractors gathered at the former Langford Hotel site, located just one block from campus and Park Avenue. The new hotel, which will serve as guest lodging to both Rollins and the greater Winter Park community, is possible thanks to a $12.5-million grant from the Harold Alfond Foundation.
The unique structure of the Harold Alfond Foundation grant creates an endowed fund that will be used to establish the Alfond Scholars program—the College’s premier scholarship fund, which will offer full scholarships and provide additional financial aid to deserving students for years to come. Net operating income from the Inn will be directed to the fund over the next 25 years or until the endowment principal reaches $50 million, whichever comes later.
“We at the Harold Alfond Foundation are committed to following the guiding principles that motivated and personified our late father,” announced Trustee Ted Alfond (Class of 1968), who represented his father’s foundation along with his family and extended family. “He was a man whose actions were always motivated by the opportunity to be creative, entrepreneurial and transformational.”
Rollins College will own the Inn and co-develop the property in collaboration with The Olympia Companies. The project architect is Baker Barrios. The Alfond Inn at Rollins has a projected opening date of Summer 2013. The new hotel will enable Rollins to host events and attract professional and academic conferences that cannot currently be accommodated on campus.
“On behalf of Greg Powell, the president of the Harold Alfond Foundation, and on behalf of our brother Bill and our other fellow trustees, I want to let all of you know that our enthusiasm for this project is largely driven by our enthusiasm for Lewis Duncan's leadership,” said Alfond. “This moment is entirely due to his nimble thinking and his dedication to the Rollins experience for generations of future students, and we are delighted to help make that dedication visible and tangible.”
The roughly 100,000-sq.-ft. facility will feature approximately 112 guest rooms, 8,000 sq.-ft. of ballroom and meeting space, an iconic conservatory, signature restaurant, elevated pool deck, bar, fitness center and a series of courtyards. With the construction, Rollins anticipates adding 200 interim and 100 permanent full-time jobs to the local workforce.
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