A new timeshare/condo and restaurant/commercial development is in the early stages of planning that would border the southwest corner of Walt Disney World and across from the future Margaritaville Resort Orlando.
The project, dubbed Orlando World Resort, is for a 14-building property of 136 units broken into six, two-story 12-unit buildings and eight, two-story buildings with eight timeshare units each with a 21,000-square-foot commercial retail center on nearly 17 acres of land. Documents filed for the project on Dec. 5 are for some modifications to the planned development “to request a waiver from Orange County code and update developer/owner,” said county records.
According to plans, two different parcels of land were identified: A 2.31-acre parcel owned by 192 R&R Investors, a subsidiary of Intram Investments Inc., and a larger parcel currently owned by Annette Perez, who acquired the certificate of title in 1998 from Alpha Omega Hospitality Services Inc. for $1,000.
Rashid Khatib, president and CEO with Intram Investments, told Orlando Business Journal the company’s only plans are to develop its 2.3-acre parcel with a free-standing restaurant and another multi-tenant building. “The back property is owned by others and they hope to one day develop a resort project on it,” he said via email.
Plans filed with the county show the project will be broken into three phases:
- Phase 1 will consist of 52 timeshare units, administration space and recreation areas, and some alterations to existing ponds.
- Phase 2 will be 84 timeshare units with some additional administration and recreational space and a retention pond.
- Phase 3 will be the 21,000-square-foot retail buildings with some right of way.
Plans also show the extra amenities planned include a pool, spa, an on-roof tennis court, fitness and game rooms and other back-of-house operations buildings.
This is the second big hospitality project to pop up on that far west corner of Orange County in the past couple of days. Hollywood-based AD1 Management Inc. filed plans with Orange County on Dec. 2 to build three select-service hotel buildings totaling 429 rooms and more on 57 acres of land at 17509 Bali Blvd.