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Accesso, Myers Group Close on 76-Acre Site for $1 Billion Ovation Orlando Near Disney World

Demolition is slated within two weeks, with a 2027 opening target alongside eligibility for up to $6.5 million in county demolition reimbursements.

Overview

  • The purchase of the former Orlando Sun resort site, reported at over $70 million and finalized on December 30, advances the long-planned district into active development.
  • Plans call for about 670,000 square feet of retail, dining and live music anchored by three hotels totaling roughly 740 rooms, including a four-star property.
  • Developers say they prefer a single-phase debut, though the delivery approach could adjust as work progresses.
  • The property sits at the northeast corner of I-4 and U.S. 192 in Osceola County, about a mile east of Walt Disney World across from Celebration.
  • Accesso held the parcel under contract for more than three years after the resort closed in 2012 before completing the acquisition.