Just received this from the Orlando Business Journal. I don't know if anyone has posted this yet or not. Looks like Bonnet Creek area is growing!
Hilton to build 1,500-room hotel complex near Disney World
Orlando Business Journal - 2:21 PM EDT Wednesday
Hilton Hotels Corp. has big plans for a new complex near the Walt Disney World resort.
Using a design concept similar to Marriott's Grande Lakes Resort and Starwood's Walt Disney World Dolphin and Swan, Hilton said Wednesday it plans to build a combination complex that includes a 1,000-room Hilton and a 500-room Waldorf-Astoria, a hotel brand new to Central Florida.
The hotels will target the upscale meetings market, offering 145,000 square feet of meeting space, most of which -- 115,000 square feet -- will be located in a separate conference facility, along with an 18-hole Rees Jones golf course and a 25,000-square-foot spa and fitness center. The golf course will open prior to the hotels.
Each hotel will have its own meeting space, 25,000 square feet in the Hilton and 11,000 square feet in the Waldorf-Astoria. The largest ballroom will be 36,000 square feet.
Groundbreaking is set for late 2006, and an opening scheduled for summer 2009. No price for the project was announced.
GEM Realty Capital, Inc., a Chicago-based real estate investment company that invests in private-market and publicly traded real estate, along with Merrill Lynch Global Principal Investments and an unnamed private investment company will partner with Bonnet Creek Venture Ltd. and Hilton (NYSE: HLT) to develop and own the resort.
Bonnet Creek Venture, a joint venture between Brooksville Development Corp. and the estate of the original owner of the property, will oversee construction and ensure delivery of the project.
The properties will be managed by Hilton Hotels Corp.
Hilton's Waldorf-Astoria Collection was created earlier this year to extend the brand and cachet of the historic New York hotel of the same name. Created with an art deco design, the new hotel, Hilton's first since the original, will include legendary names such as Peacock Alley, the Bull & Bear, Sir Harry's Bar and Oscar's, all signature food and beverage locations found in the original.
Bonnet Creek, a 482-acre, mixed-use resort development that sits within Orange County, will have a total of 2,400 hotel rooms, 1,600 time share units and a Rees Jones-designed golf course. Bordered by Disney's Caribbean Beach Resort to the west and Interstate 4 to the east, access to the property is through Buena Vista Drive, a main artery connecting the Walt Disney World attractions.
Hilton to build 1,500-room hotel complex near Disney World
Orlando Business Journal - 2:21 PM EDT Wednesday
Hilton Hotels Corp. has big plans for a new complex near the Walt Disney World resort.
Using a design concept similar to Marriott's Grande Lakes Resort and Starwood's Walt Disney World Dolphin and Swan, Hilton said Wednesday it plans to build a combination complex that includes a 1,000-room Hilton and a 500-room Waldorf-Astoria, a hotel brand new to Central Florida.
The hotels will target the upscale meetings market, offering 145,000 square feet of meeting space, most of which -- 115,000 square feet -- will be located in a separate conference facility, along with an 18-hole Rees Jones golf course and a 25,000-square-foot spa and fitness center. The golf course will open prior to the hotels.
Each hotel will have its own meeting space, 25,000 square feet in the Hilton and 11,000 square feet in the Waldorf-Astoria. The largest ballroom will be 36,000 square feet.
Groundbreaking is set for late 2006, and an opening scheduled for summer 2009. No price for the project was announced.
GEM Realty Capital, Inc., a Chicago-based real estate investment company that invests in private-market and publicly traded real estate, along with Merrill Lynch Global Principal Investments and an unnamed private investment company will partner with Bonnet Creek Venture Ltd. and Hilton (NYSE: HLT) to develop and own the resort.
Bonnet Creek Venture, a joint venture between Brooksville Development Corp. and the estate of the original owner of the property, will oversee construction and ensure delivery of the project.
The properties will be managed by Hilton Hotels Corp.
Hilton's Waldorf-Astoria Collection was created earlier this year to extend the brand and cachet of the historic New York hotel of the same name. Created with an art deco design, the new hotel, Hilton's first since the original, will include legendary names such as Peacock Alley, the Bull & Bear, Sir Harry's Bar and Oscar's, all signature food and beverage locations found in the original.
Bonnet Creek, a 482-acre, mixed-use resort development that sits within Orange County, will have a total of 2,400 hotel rooms, 1,600 time share units and a Rees Jones-designed golf course. Bordered by Disney's Caribbean Beach Resort to the west and Interstate 4 to the east, access to the property is through Buena Vista Drive, a main artery connecting the Walt Disney World attractions.
