- December 8, 2022
Urban Network Capital Group Launches $170 Million 'Visions Orlando'
The mixed-use, wellness-certified, hotel resort community which includes hotel residences, townhomes and single-family homes with concierge services
Urban Network Capital Group (UNCG), led by real estate veteran Robert Thorne, has launched Visions Orlando, a $170 million multi-faceted, mixed-use, wellness-certified, eco-friendly luxury vacation hotel community. The 42-acre, gated-access community is located in Davenport, Florida, less than 20 minutes from Walt Disney World, and surrounded by attraction parks, golf courses and shopping destinations.
One of the most distinctive aspects of the project will be the double qualification ‘Disney Partner’ designation: the Disney Good Neighbor Program for the condo-hotel, and the Disney Vacation Home Rental Program for the single-family homes and townhomes upon the selection to participate in the Hotel Program. This exclusive designation allows the concierge to buy tickets to the neighboring attraction parks on behalf of the guests.
Visions Resort & Orlando will feature myriad amenities. The resort is anchored by an attractive 12,000-square-foot building featuring a broad array of wellness-certified amenities including a state-of-the-art gym, pilates rooms and yoga deck, steam room and sauna. The clubhouse, also include restaurant, bar, lounges, movie theater, kids room, arcade, driving simulators and a state of the art business center with video presentation. The outdoor amenities areas include a resort-style pool with a kid’s waterpark, family-sized Jacuzzis and hot tubs, cabanas with a wet bar and firepits, a playground and croquet lawn, tennis, volleyball and pickle ball courts, and golf putting and. bikeshare and more. Finally, the community also benefit from a 5-acre nature reserve and a 70,000-square-foot curated retail strip with a pedestrian street and a unique tenant mix in the shopping corridor, to be developed in a future phase.
The project consists of a variety of product types, defined as follows:
- Illusions | 48 single-family homes that will offer seven- and eight-bedrooms and feature modern architecture, functional living spaces, and a guest lounge with ambient music. Prices start at $799,000.
- Reflections | 132 townhomes that will offer five- and six-bedrooms and feature European technology for superior water and air quality, patios, and water views. Prices start at $629,000.
- Inspirations| 181-key condo hotel that will offer one- and two-bedrooms and feature a chic loft-style, flexible design elements, and owner-only on-site amenities and services. Prices start at $235,000.
The unique, contemporary architectural design attracts a wide demographic, and the unit mix allows UNCG to tap into a wide array of pricing options. The unit features include functional floorplans, spacious kitchens with granite countertops, Italian cabinetry, stain steel appliances, plunge pools; and electric car charging stations, are standard with all units. Buyers will be offered a wellness upgrade package, that include solar panels, purified air, nontoxic wall coverings, filtered water, aromatherapeutic diffusers, therapy showers, circadian lighting, and eco sanitation.
“Our goal is to develop a resort hotel community like no other,” says Robert Thorne, CEO of UNCG. “We want the guests to have a unique sense of arrival at our two-story lobby that will accommodate all traveler’s needs.”
The investors in the project include Peruvian-based V&V Group, along with additional private investors. V&V is the leading real estate development company with more than 25 years of experience that ventured into the U.S. market late last year, building a fast footprint in the Florida market with eight portfolio projects in Aventura, Coral Gables, Fort Lauderdale, Port Charlotte, Cocoa Village, and now Orlando.
“We saw a truly unique opportunity to invest in Orlando market due to its unparalleled tourism growth, being arguably the most premier vacation rental location in the world,” says Fernando de Nunez y Lugones, Principal of Location3 Investments & UNCG, and the individual responsible for V&V’s involvement. “The project has attracted a great deal of attention from prospective buyers who recognize that there will be a demand from vacation renters looking for an enhanced experience and lifestyle.”
“The experience at Visions is what will set it aside from other Orlando’s vacation rentals,” continues Thorne. “Those accustomed to impersonal communities will find Visions to be a breath of fresh air where they will be able to create memories of a lifetime outside of the amusement parks.”
Construction of the initial phase of the single-family homes and townhouses is scheduled to begin in Q2 2023, with initial completions Q2 2024, including the Hotel component.
Visions is the second successful launch of a residential real estate project for UNCG in Orlando. The company recently sold 75% of The Flats Resort & Spa, a 160-unit, wellness-certified, boutique condo hotel located in the heart of Kissimmee, that will span two acres and offer luxurious health-conscious amenities. The Flats Orlando will offer fully furnished studios, and one-, two- and three-bedroom units that range from 440-square-feet to 1,485-square-feet, which has already broken ground.
Vision’s sales center is centrally located at 8132 W. Irlo Bronson Memorial Highway, just four minutes from I-4, and neighboring one of the most attractive areas in Orlando – Celebration and Reunion.
Source: multifamilypress