This huge vacant resort near Disney World is getting a new name and close to $75 million in upgrades, including a new lazy river, amenity deck and clubhouse. The 890-unit resort has been sitting vacant since it was built in 2008. Formerly called Grande Palisades, it will be re-branded and launched as The Grove Resort & Spa, with official opening to be expected in October 2016.
BTI Partners and affiliated entities are one of Florida’s leading residential real estate land owners, developers and asset management firms. The company which is a part owner now, has hired Benchmark Hospitality to run the resort as a condo hotel. Benchmark Hospitality International is a recognized global leader in the management and marketing of resorts, hotels and conference centers and one that is familiar in Orlando, as the operator of the recently voted #2 Best Hotel in Orlando, Villas at Grand Cypress.
Neighboring the blue waters of Lake Austin Reserve, its lush landscaping serves as a compliment to the overall majestic ambiance. Home to 890 two and three bedroom residences and an adrenaline infused water park, owners will have the option of staying at their leisure in their fully furnished residences and have it rented when away.
“By early spring, we will start repainting and start interior remodeling, and construction on the spa, fitness center and lobby,” said Kevin Mays, project manager for BTI.
Both owners and visitors can truly enjoy a day at the spa, savory dining experiences, and concierge services provided by Benchmark Hospitality International, known for their distinctive charm, character and personalized luxury. There are also amenities for adventure seekers such as the flow-rider (surf simulation machine), a lazy river and lagoon pool and all the elements that comprise the charm of Orlando’s newest resort and attraction.
Thinking Of Buying At The Grove Resort & Spa?
The resort has released a number of limited units available at pre-sale pricing across 4 distinct floor plans, ranging in size from 2 bed / 2 bath / 1,265 Sq.Ft priced at $264,900 to the largest units, 3 bed / 3 bath / 1,544 Sq.Ft at $309,900.
A selection of units are available on a 12 month guaranteed leaseback program with pricing starting at $265,900. There will be 12 optional extensions available at the discretion of the developer for additional 90 day periods. All H.O.A. fees will be paid in addition by the developer during the leaseback period.