January 2008—CHAMPIONSGATE, Fla. – How do you create a “downtown” where people –– local residents, AND tourists –– will enjoy strolling as an everyday leisure activity? One key is people, says Marc Reicher, Senior Vice President of Operations at ChampionsGate.
“One of the things people enjoy most is a pedestrian friendly environment,” Reicher said. At the new Downtown project at ChampionsGate in Osceola County, RIDA Associates, LP will be building two hundred luxury apartments and a mix of upscale retail and office space to create a real downtown destination for the Four Corners area.
Reicher said the pedestrian friendly lifestyle center will include 65,000 square feet of retail space and he is currently negotiating with restaurant groups and others to locate facilities within the new downtown. Another 37,000 square feet of office space will create a daily business environment, not to mention business and employment opportunities, Reicher said.
Construction of the $65 million lifestyle center will get underway in the spring of 2008.
November 2007—Phase One of the newly completed Villas at ChampionsGate is entering a builder's closeout. The luxurious Villas are located in the heart of ChampionsGate Resort; a 1,500 acre, master planned golf resort community featuring a majestic arched entry, 730 guest rooms and suites at the 4-Diamond Omni Orlando Resort, 36 holes of championship golf designed by Greg Norman, World Headquarters for the David Leadbetter Golf Academy, 35,000 square foot golf clubhouse and much more.
"As we expected, demand for these luxurious vacation units has been high," said Yvonne Shouey, Director of Sales and Leasing for ChampionsGate. "The combination of luxurious resort amenities and the convenient five minute drive to Walt Disney World® Resort has proven to be a winner for our buyers, and anyone interested in securing one of the few remaining units needs to call the Villas sales team quickly."
November 2006—Villas residents and guests will now have even more convenient choices for dining and services. For starters, a new Chili's Grill and Bar® has opened on property, offering it's unique menu of tasty meals. Chili's is celebrating 30 years of great food. The chain started in Dallas, and has expanded to over 20 different countries around the globe.
Banking and refueling just got more convenient at the Villas too, with the opening of a new AmSouth® Bank and Citgo® gas station. AND, now under construction: State Farm Insurance and Watson Realty offices!
July 2006—Construction is complete on Phase One of The Villas of ChampionsGate, a new luxury vacation condominium development located five minutes from The Walt Disney World® Resort in Central Florida. Grand opening of the Villas is scheduled for July 31, but pre-construction sales have already been heating up for months as investors have moved on the limited number of available condos. Construction began in May of 2005.
"We are thrilled to see the Villas now completed," said Ira Mitzner, Managing Partner of Rida Associates, L.P., who is developing the project in a joint venture with Apollo Real Estate Advisors. "This new addition to the beautiful ChampionsGate community underscores the reputation and appeal of Rida Associates and Apollo Real Estate Advisors as leaders in luxury real estate development."
Owners of these Central Florida luxury golf condos will have the option of placing their units in a unique rental program to be managed by the neighboring 4-Diamond Omni Orlando Resort when they are not using the units. Interiors feature upscale touches like granite countertops, stainless steel appliances, marble-clad baths with Roman tubs, spacious layouts and balconies overlooking the golf courses and amenities of ChampionsGate Resort.
April 2006—With most of the exterior work finished, Phase One of The New Villas of ChampionsGate is quickly approaching an expected completion in the summer of 2006. Interior work on the first 59 units is now well underway, with opulent touches like granite countertops, stainless steel appliances, marble-clad baths with Roman tubs, spacious layouts and balconies overlooking the golf courses.
Looking to the Southwest, Building One commands a view of the 730 room Omni Orlando Resort, and World Headquarters for the David Leadbetter Academy to the Northwest. Guests in the opposite side of Building One will see the sun rise on the ChampionsGate Clubhouse and the Villas pool.
“With the building opening the last week of June, we are beginning the final finishings for the Villas, the landscaping will be coming in next month and the pool area will be complete as well,” said Yvonne Shouey, Director of Sales and Leasing for ChampionsGate. “Central Florida investors will soon see a new level of luxury in the golf condominium market,” said Shouey.
Surrounded by championship golf, Villas guests will enjoy 24-hour room service from the 4-Diamond Omni Orlando Resort and special access to the hotel amenities, including a fully equipped health club, a professionally staffed Spa, a heated pool with waterslide, a video arcade, 850-foot lazy river winding through tunnels, gentle rapids and hidden canyons, plus beach volleyball, basketball and tennis courts.
December 2005—The Villas at ChampionsGate, a new luxury vacation condominium development located five minutes from The Walt Disney World Resort, is answering the demand from buyers and investors for exclusive vacation units in the Orlando area. Even before the first shovel of Florida sand has been turned, ChampionsGate has received dozens of reservations. Set to open in 2006, prices for the villas start at $589,900, and offer the best in Florida golf condo ownership.
The condo hotel units in The Villas at ChampionsGate will be an extension of the successful Omni Orlando Resort, a new 730-room hotel that opened in the fall of 2004. Owners and guests in the condo hotel will have the privilege of using all of the Omni Orlando Resort’s amenities, including the 10,000 square-foot European-style spa, three pools and upscale dining at Zen, David’s Club and Trevi’s. Guests can take advantage of the world headquarters of the David Leadbetter Golf Academy as well as the two Greg Norman-designed golf courses on property.
Villa owners will have the option of placing their units in a rental program to be managed by Omni Orlando Resort when they are not using the units. The villas will expand on a popular market for Omni business and vacation guests.
“We’ve seen great demand for the resort’s 30 suites and the new condo hotel units will provide a wonderful setting for families and golfers looking for spacious accommodations,” said Andy Papoutsis, vice president and general manager of the Omni Orlando Resort. “Many golfers, especially those traveling in small groups prefer the comforts of the villas-style condos. The Villas at ChampionsGate will give the feel of a private residence with all the sensible luxuries of our resort.”
Rida Development has two sales offices for The Villas at ChampionsGate, one at 8390 ChampionsGate Blvd., Suite 100, and a second information center on the main lobby level of the Omni Orlando Resort. Sales information on The Villas at ChampionsGate is also available online at www.ChampionsGate.com/residential.
May 11, 2005—The developers of ChampionsGate started construction today on the first phase of The Villas at ChampionsGate, a new Central Florida luxury condominium hotel that will become a part of the Omni Orlando Resort at ChampionsGate. ChampionsGate Resort is located 5 minutes south of The Walt Disney World© Resort, just off Interstate 4 and convenient to all of Orlando's major theme parks including Universal Studios© Orlando and SeaWorld© Orlando.
ChampionsGate is a 1,500 acre, master planned golf resort community featuring a majestic arched entry, 730 guest rooms and suites at the 4-Diamond Omni Orlando Resort, 36 holes of championship golf designed by Greg Norman, World Headquarters for the David Leadbetter Golf Academy, 35,000 square foot golf clubhouse and pro shop, European spa, 850 foot long interactive lazy river pool, over a dozen restaurants and shopping onsite. The upscale Villas, now under construction, will feature luxurious interiors overlooking golf course and amenity views. The Villas will be aimed at giving vacationers to the world-class golf resort the space and comforts of home all in a setting that will include the amenities of a luxury hotel. The new vacation villas will expand the leisure and executive business market for ChampionsGate.
“Condo hotel amenities are increasingly popular, particularly in Florida. Their presence at ChampionsGate answers the demand for this style of living and vacationing,” said Ira Mitzner, managing partner of Rida Associates, L.P., who is developing the project in a joint venture with Apollo Real Estate Advisors. “With the Omni’s luxurious amenities and the golf facilities right out the door, the condo hotel is the perfect fit for the first phase of The Villas at ChampionsGate.”
Rida Associates is overseeing construction of the 59-unit condo hotel that will include two- and three-bedroom, privately owned villas. Each unit runs from 1,424 to 2,260 square feet. Welbro Construction, which built the Omni Orlando Resort at ChampionsGate, has been selected as the general contractor for the condo hotel project. Omni Hotels will manage the condo hotel units.