ORLANDO-Showing confidence in the Orlando market, Four Seasons and Resorts is planning a $360 million development. The luxury hotel brand has partnered with Silverstein Properties and Dune Real Estate Partners in a joint venture to develop a 444-room project at the Walt Disney World Resort.
Construction is set to begin on what will be the largest Four Seasons resort in the world this December, with a target opening date in 2014.
"Four Seasons had the unique opportunity to purchase a fantastic site at the Walt Disney World Resort," Kathleen Taylor, president and CEO of Four Seasons Hotels and Resorts, said in a statement. "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."
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