Finergy set to build in Paris

SARASOTA -- Finergy Group was selected to build 250 hotel rooms in France, near Disneyland Paris.

Finergy entered into a work agreement with Euro Disney Associes SCA earlier this month, at a real estate conference in Paris. The project represents Finergy's first work opportunity in Western Europe.

The hotel facilities will be built in two phases, on 5.4 acres of land in Paris. The first phase is set to begin in the second quarter of 2013, and be completed in 2015.

Finergy founder and CEO Enzo Gagliardi moved to Florida in 2000. In a conversation with the Business Review in 2009, he categorized Florida's real estate market as “even more regulated than Europe (see “Stimulus Success,” Dec. 24, 2009).