The Grove Resort & Water Park in Orlando is proud to announce it has received four awards from the prestigious USA & Americas Property Awards 2019-20. The Grove was recognized as the Award Winner for the Mixed-use Development Florida, USA; Best Leisure Development Florida, USA; Highly Commended Hotel USA; and International Four-Star Hotel 2019-2020.
The Grove, which recently launched sales of its final phase, is a highly amenitized vacation home resort with a turnkey management program operated by one of the world’s leading hoteliers, Benchmark Resorts & Hotels®. The Grove, which opened in 2017, is located five miles from Walt Disney World®. Its luxury two- and three-bedroom residences – which come exquisitely furnished - are attracting buyers from all over the world.
The USA & Americas Property Awards recognitions highlight The Grove’s level of excellence for its design, quality, service, innovation, originality, and commitment to sustainability.The USA & Americas Property Awards nominations are judged by an independent panel of over 80 industry experts.
The Grove received the awards at a ceremony held at the Fairmont Royal York Hotel in Toronto on October 3rd. The USA & Americas Property Awards are one of the largest, most respected and widely recognized award programs in the world. They celebrate the highest levels of achievements by companies operating in all sectors of the real estate market. The International Property Awards is a world-renowned mark of excellence.
“This recognition reflects our commitment to our buyers and hotel guests who are attracted to The Grove for its world-class water park, resort amenities and service,” said Noah Breakstone, CEO of BTI Partners, the developer of The Grove Resort Orlando. “We take pride in being one of the most celebrated vacation home resorts in the United States and abroad.”
The Grove’s state-of-the-art amenities include the award-winning Surfari Water Park, offering multiple slides, a lazy river, and a FlowRider. It also offers three swimming pools, onsite spa, fitness center, a 6,300-square-foot cutting-edge game room, lakefront pier for watersports, high-end restaurants, large-scale grab-and-go market, and multiple bars and lounges.
The Grove, which has sold over 500 vacation homes since it opened two years ago, consists of 878 condo residences that come with full kitchens, living and dining areas, full-size washer/dryers, and screened patios. The large ready-for-occupancy residences are selling from $330,000 to $595,000. When owners don’t occupy their residences, they have the option to place them on a hotel program to generate revenue. For a limited time, The Grove is offering buyers a 10 percent developer leaseback until December 2020.
“Buyers are attracted to The Grove, in part, because of its management program, which helps offset the carrying costs,” said David DAmbrosio, Managing Director at The Grove. “The hotel operator, which has almost 40 years of experience in the industry, manages the residences on behalf of the individual owners. It provides a completely hand-off turnkey opportunity for the owners.”
The Grove is one of the newest real estate developments in one of the fastest growing cities in the country. Forbes recently ranked Orlando as the #1 market in the United States for real estate investment in 2019. Home to many of the world’s most famous theme parks, Orlando has one of the nation’s highest employment and population growth rates. Last year, it received 75 million visitors, retaining its ranking as the most visited city in the US.