Lauderdale firm invests in condo-hotel near Disney

The Grove Resort & Spa
The Grove Resort & Spa

Fort Lauderdale-based BTI Partners is renovating a vacant 890-room resort near Walt Disney World called the Grove Resort & Spa. The resort property, formerly known as Grand Palisades, was built on 110 acres at 15665 Grand Palisades Boulevard next to Lake Austin, but it never opened.

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A previous developer with financial and legal problems suspended work on the development.  Construction work has resumed since BTI Partners became one of the owners of the newly named Grove Resort & Spa, now scheduled to open December 1 with a mix of rental apartments and condo-hotel units. [Orlando Sentinel] — Mike Seemuth