The Grove Resort & Water Park, a luxury vacation home destination minutes from Walt Disney World®, was recognized with the prestigious FIABCI-USA’s 2020 Grand Prix of Real Estate Award. Every year, the USA Chapter of FIABCI, the International Real Estate Federation, recognizes American projects that best embody excellence in all of the real estate disciplines involved in its creation.
In recognizing The Grove Resort & Water Park with a Grand Prix of Real Estate award, the judges noted particular excellence in architecture and design, marketing, and strategic redevelopment of an existing project.
“To be a recipient of the prestigious Grand Prix of Real Estate Award speaks to the amazing team behind the success of The Grove,” said Dominic Pickering, Director of Sales at The Grove Resort & Water Park. “Since opening our doors in 2017, the 106-acre resort has become a domestic and international destination for vacationers and real estate buyers. This award celebrates the efforts that went into envisioning and developing state-of-the-art amenities, including an award-winning water park, our prestigious restaurant, Valencia, and our full-service spa. This prestigious award also recognizes our commitment to preserving Central Florida’s rich environment. The Grove, which is located on the 22-acre Lake Austin, has implemented a program to protect conservation areas ensuring sustainability of native plants and wildlife. A covered dock allows guests and owners to enjoy the tranquil setting while remaining far enough to leave them pristine.”
The Grove consists of 878 luxury condominiums with fully furnished two- and three-bedroom residences selling from the high $300,000s to the high $500,000s. The Grove’s 106-acre resort is also home to Terraces at The Grove, consisting of 144 furnished studios and one-bedroom apartments starting at $189,000. The residences and the apartments are nearly 75 percent sold as international and local buyers are attracted to our short-term rental program managed by a seasoned hotel operator. The Grove is currently offering new owners for a limited time a 10 percent guaranteed leaseback for the condos participating in the rental program.
The hotel program -- called The Grove Resort Orlando -- attracts tourists looking for accommodations just miles away from Magic Kingdom® Park, Epcot®, Disney’s Hollywood Studios® and Disney’s Animal Kingdom® during their Orlando stay. The Grove condos -- which come with full kitchens, living and dining areas, full-size washer/dryers and screened patios -- provide a good alternative to groups and large families who don’t want to stay in a traditional hotel. When staying at The Grove, owners and hotel guests get to enjoy top-of-the-line amenities, including the Surfari Water Park, offering multiple slides, a lazy river, and a FlowRider Double surf simulator. The Grove also has a 6,300-square-foot game room, three swimming pools, an onsite spa, fitness center, high-end restaurants, a large-scale grab-and-go market, lakefront pier for watersports, and three bars and lounges.
“Receiving the Grand Prix of Real Estate Award makes BTI Partners proud of the unique concept we created at The Grove,” said BTI Partners COO Kevin Mays, who oversaw the development of the property. “You won't find anything like it. The comfort and large size of the vacation condos in addition to the abundance of fun-filled amenities and proximity to the theme parks have created the perfect formula for buyers and hotel guests. As a result of that success, we launched Terraces early this year. Over a decade ago, BTI Partners had the right vision for this location, and its flawless execution got us here. That’s why this award means so much to us.”
Entries into the Grand Prix of Real Estate awards were judged on specific criteria by a panel of real estate experts. The awards are an affirmation of the FIABCI ideal of providing society with optimal solutions to its property needs, while helping to make better places to live, work, and play.
The Grove has strived to make Orlando a better place for families to experience while visiting some of the world’s most famous theme parks. Being a Walt Disney World Good Neighbor® Hotel further promotes The Grove’s mission as it adds a new level of benefit for its owners and guests. The quality of service as well as the top-of-the-line amenities have earned The Grove other prestigious international awards in the past, including USA & Americas Property Awards for Mixed-Use Development Florida, USA; Best Leisure Development Florida, USA; Highly Commended Hotel USA; and International Four-Star Hotel 2019-2020. In addition, The Grove earned BTI Partners the regional award for the “Best in Americas for Leisure Development” category.
FIABCI is an industry organization with 48 national and multinational chapters around the world. Its membership is comprised of a cross section of both commercial and residential real estate professionals, everything from brokers to developers, investors, architects, property managers, bankers, urban planners, surveyors, appraisers, etc.
For more information about The Grove Resort & Water Park please visit www.groveresidences.com.
