Support local journalism. Join the Orlando Weekly Press Club.

Monday, April 4, 2016

Route 192 in Kissimmee is about to get a Dubai-style resort

Posted By on Mon, Apr 4, 2016 at 11:57 AM

click to enlarge PININFARINA
Route 192 has seen its tourist industry struggle post-recession, but a new massive development just might be the hope that the area needs.

Magic Development, an Orlando-based vacation developer, will begin work on a massive new $1.7 billion, 87-acre resort this summer. The new timeshare development will feature between five and 10 towers, all stretching well over 20 stories tall with the potential of being up to 40 stories. The first, a 25-story 251-unit tower, will break ground this year.

The project has a 25- to 30-year buildout, with a new tower being constructed every five years or so. Along with the condo timeshare towers, the new development will include nearly 400,000 square feet of retail.

A large pond will connect the towers with the retail area via a water taxi system. The retail area will also feature outparcels along 192.

The timeshares will be marketed mostly to South Americans. Wealthier Brazilians have flocked to South Florida to buy condos as a way to move some finances out of the foundering Brazilian economy.
click to enlarge PININFARINA
The luxury development is being designed by Pininfarina, the Italian design firm behind many of the most iconic Ferrari and Fiat designs. Renderings of the new towers show modern, wavy-style towers and pedestrian areas. Multiple pools, restaurants and other resort amenities will be included in the resort.

Magic Development already has one timeshare development on 192 near Animal Kingdom. That development should fully sell out by end of the year.

Nearby, the Margaritaville resort complex, which will also include a boat taxi service, is now a very active construction site with vertical construction expected to begin by this fall. 

Tags: , , ,

We welcome readers to submit letters regarding articles and content in Orlando Weekly. Letters should be a minimum of 150 words, refer to content that has appeared on Orlando Weekly, and must include the writer's full name, address, and phone number for verification purposes. No attachments will be considered. Writers of letters selected for publication will be notified via email. Letters may be edited and shortened for space.

Email us at [email protected].

Support Local Journalism.
Join the Orlando Weekly Press Club

Local journalism is information. Information is power. And we believe everyone deserves access to accurate independent coverage of their community and state. Our readers helped us continue this coverage in 2020, and we are so grateful for the support.

Help us keep this coverage going in 2021. Whether it's a one-time acknowledgement of this article or an ongoing membership pledge, your support goes to local-based reporting from our small but mighty team.

Join the Orlando Weekly Press Club for as little as $5 a month.


Never miss a beat

Sign Up Now

Subscribe now to get the latest news delivered right to your inbox.

Read the Digital Print Issue

January 19, 2022

View more issues


© 2022 Orlando Weekly

Website powered by Foundation