From the Orlando Business Journal: “Breaking ground: Construction to start on hotel in $750M Margaritaville Resort Orlando (Video)”
Kick off your shoes and get ready to indulge in a tropical oasis being built right off U.S. Highway 192 southwest of Walt Disney World.
The only question now is if you prefer salt or sugar with your margarita in hand …
Project executives and Osceola County officials on July 27 tossed the ceremonial dirt for the next piece of the 300-acre, $750 million Margaritaville Resort Orlando — a 187-room hotel.
The new hotel in Kissimmee near Disney’s Animal Kingdom is expected to create host of new jobs once complete in fall 2018.
“We expect to create 700-1,000 jobs,” said Jim Bagley, managing director of project developer Encore Capital Management, during the ceremony where 250-plus people attended. “So, we think we are a big economic driver.”
Margaritaville Resort Orlando is one of several projects that will help the West 192 area attract more economic activity— an area that suffered severely because of the Great Recession, as previously reported by Orlando Business Journal.
The Margaritaville hotel is just one part of the massive mixed-use development that will have 200,000 square feet of shops and restaurants, vacation homes, and a water park. In all, the resort will create hundreds of jobs and plenty more in economic impact.