Paradise isn’t built in a day, but Margaritaville Resort Orlando is trying to get it done by this summer.
The $750 million, a 300-acre resort in Osceola County has under #construction a 180-room Margaritaville hotel, 1,000 resort vacation cottages, 300 timeshare units and a 12-acre, multimillion-dollar water park. As such, the resort held a behind-the-scenes construction tour of the property with media on March 26 that showed the latest work.
Primarily, the resort’s 1,000-plus vacation cottages are well underway on construction with the first 25 units set to be ready by July. The next 25 units, which will be built in 25 increments, will begin construction immediately at the completion of the previous 25 cottages.
“We have 25 railed up and you will see those coming up shortly. The concept is that we have six different islands or villages of about 200 #homes each. We are trying to have every home be unique with no duplicates,” Jim Bagley, managing director of project developer Encore Capital Management, told #Orlando #Business Journal, noting that the resort will have at least 300 homes finished every year.
Also, underway is the new Margaritaville hotel, which has two wings of about 90 rooms apiece. The hotel’s drywall is being installed on the western wing of the hotel with plans for those rooms to be completed by December. The hotel’s east wing currently is installing exterior framing and is running about 30 days behind the west wing, but Bagley said both of the hotel’s wings should be done at the same time for the late holiday season.
Amenities at the hotel include s 5,000-square-foot kids’ club and fitness center, a 2,500-square-foot food and beverage outlet and a 10,000-square-foot, zero-entry beach lagoon that will open by July.
“Right now the building shells and ironworks are being built on those amenities. We are also in good shape for the first pools. We expect to have 5,000 renters here on the weekend and we need to have pools to accommodate that, so the amenities will be able to accommodate 1,000 people apiece,” Bagley added.
As for the 200,000-square-foot retail center, space is filling up as tenants keep singing on. Tenants include Studio Movie Grill, GameTime, a Rascal Flatts restaurant, a KISS Rock & Brews, Skechers, Bahama Bucks Original Shaved Ice Co., Avalon Day Spa, Café Rio, Cold Stone Creamery, Paradise Spirits & Wine and BurgerFi.
Margaritaville Resort Orlando is expected to radically transform Kissimmee’s iconic U.S. Highway 192 tourist corridor when it opens later this year. The resort will boost Central #Florida‘s lodging and activities and should spur more capital investment here. Orlando’s $60 billion tourism industry — the region’s main economic engine — draws 68 million visitors annually.