Mixed-use project to rise near Parramore

A new project featuring retail, residential and hotel uses may rise along Colonial Drive and west of Interstate 4 near downtown Orlando. The five-story project slated to be built on a vacant site at 1006 W. Colonial Drive may feature 79 "dwelling units," according to a master plan submitted to the city of Orlando. No other details were provided. Miami-based Ah Tower LLC owns the two parcels of land totaling 1.3 acres, Orange County records showed. The entity bought the land for a combined $850,000…