ORLANDO, FL—Margaritaville Resort Orlando has unveiled the first rendering of the new property here, which is being developed by Encore Capital Management.
The $750-million destination resort will sit on 320 acres along U.S. Highway 192 near Toll Road 429 in Western Osceola County. The company’s sales center will open in the coming days, with the first phase of the project expected to be completed by the end of 2017.
The property will feature a 175-room Margaritaville hotel, 1,000 Margaritaville-themed vacation homes, 300 timeshare units, 30,000 sq. ft. of function space, 200,000 sq. ft. of retail space, a dining and entertainment district, 12-acre water park, wellness center, wooded fitness trails and a water taxi system.
In addition, there will be a three-acre swimmable freshwater lagoon, which features natural sand beaches surrounded by cabanas and water activities, including paddle-boarding, snorkeling and more.