Four Seasons Orlando
Four Seasons Orlando
Four Seasons Hotels and Resorts have entered into a joint venture with Silverstein Properties and Dune Real Estate Partners to develop a luxury resort at the Walt Disney World Resort. Construction began on the US$360 million development in December 2012 and, with a target opening date in 2014, will become the largest Four Seasons resort in the world.
The development will include a 444-room Four Seasons resort plus up to 40 Four Seasons Residence Club units and up to 90 Four Seasons private residences. Within the resort will be several dining venues including a rooftop restaurant with Magic Kingdom views, a spa, fitness centre, lazy river, sports facilities, kids’ club and a golf course.
Toronto-based Four Seasons Hotels and Resorts, the world’s leading luxury hotel brand, acquired the land from Disney in August 2008, and will retain a 30 percent ownership interest in the project in addition to operating the resort.
“Four Seasons had the unique opportunity to purchase a fantastic site at the Walt Disney World Resort,” says Kathleen Taylor, president and chief executive officer of Four Seasons Hotels and Resorts. “Then, we partnered with Silverstein and Dune, some of the world’s most astute players in real estate to develop the project, which enabled financial commitments to be secured and the project to move forward. We are also delighted to work with The Walt Disney Company, which shares our vision for a family vacation experience unlike any other.”
Within the resort will be several dining venues including a rooftop restaurant with Magic Kingdom views; a 14,000 square foot (1,300 square metre) spa with 18 treatment rooms; a fitness centre; three pools and a “lazy river”; sports facilities including tennis courts, basketball court and climbing wall; two recreational centres for children, teens and families; and approximately 37,750 square feet (3,500 square metres) of meeting and event space plus a business centre. The development will encompass the existing Tom Fazio-designed Osprey Ridge 18-hole championship golf course, which will be renovated and subsequently managed by Four Seasons. Four Seasons Resort Orlando at Walt Disney World Resort is an enclave located within the Golden Oak residential community, created and master-planned by Disney.