Disney4me Posted 2 hours ago Report Posted 2 hours ago New vacation rentals and hotels pop up in the Orlando area all the time. And we always make sure to inform you whenever a new one is on the horizon, so you can see if it is a place you’d be interested in staying on a future Orlando vacation. ©VISIONS And we have to say the upcoming Visions Orlando Resort & Spa already seems like a dream vacation spot, and it is still very far away from opening. Here is everything you need to know about the newest vacation home resort coming to Orlando. According to The Orlando Business Journal, the developers of the new $360 million Visions Orlando Resort & Spa project have just secured a new $101 million construction loan to advance the progress of the resort. The work has already begun on this very large project. This resort will be built in several phases and will include 132 townhomes, 48 single-family homes, a 150-room condo-hotel, and about 400 vacation loft units. ©VISIONS It will also have 107,000 square feet of retail space as well as a 10,000-square-foot clubhouse with a fitness center. The property will also include wellness facilities, a restaurant and bar, concierge services, a movie theater, a golf simulator, sports courts, and multiple resort-style pools. It really does seem like peak luxury. The project has been in progress for years and was originally supposed to cost $170 million, but now is reported to be a $360 million development. ©VISIONS Financial advisory services were provided by Emile Schachter, the managing director at WD Capital Group, who stated, “Having worked closely with the sponsorship team on Visions Orlando, we understood early on that this was not a conventional construction financing assignment. The project combines substantial pre-sales, a differentiated hospitality-oriented residential concept, and an experienced development team. S3 Capital recognized the strength of the business plan and delivered a $101 million facility structured around the project’s multi-phase execution strategy.” ©VISIONS Visions Orlando is set to operate similarly to a timeshare. Where investors will purchase a home to stay in it for a set period of time, then a hotel management company will handle the bookings for the rest of the year. The resort’s first phases, which feature 460 units, are already sold out. ©VISIONS This is an exciting development in the world of Orlando vacation homes and hotels, and we can not wait to see what Visions Orlando Resort & Spa will be like when it officially opens. We will continue to bring you all of the news on the project, so stay tuned with Disney Food Blog so you never miss anything! The Perfect Way To Upgrade Your Disney World Trip This Summer! Join the DFB Newsletter to get all the breaking news right in your inbox! Click here to Subscribe! WE KNOW DISNEY. YOU CAN, TOO. Oh boy, planning a Disney trip can be quite the adventure, and we totally get it! But fear not, dear friends, we compiled EVERYTHING you need (and the things to avoid!) to plan the ULTIMATE Disney vacation. Whether you're a rookie or a seasoned pro, our insider tips and tricks will have you exploring the parks like never before. So come along with us, and get planning your most magical vacation ever! GET YOUR GUIDE NOW What do you think of this new Orlando Vacation Rental? Let us know in the comments! View the full article Quote
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