The Real Deal Miami

Lauderdale firm invests in condo-hotel near Disney

BTI Partners and other owners are completing the unfinished Orlando-area resort project

May 21, 2016 11:00AM

  • Print
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.

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