In The News | Vacation Rentals Are Being Planned Next to The $1B Evermore Resort Community In Orlando

Article by Amanda Rabines | GrowthSpotter.com

AMCO Development is setting forth on plans to develop a small vacation rental
community next to the $1 billion Evermore Orlando resort set to open in 2023.
Aaron Hakim, president and CEO of AMCO Development told GrowthSpotter
his development and construction company is partnering with property owner
Sheen 121 LLC to build 17 luxury vacation rental homes, a combination of six
single-family homes and 11 two-story townhomes, overlooking the 13th hole of the
Grand Cypress Resort golf course.

Records show, Sheen 121 LLC, is tied to the family of scientist, entrepreneur and
philanthropist Dr. Nelson Ying Sr. The entity has owned the land near the Disney
theme parks and attractions, since the 1980′s.
Hakim said the landowners have been pursuing plans to develop the property for
some time. Before the announcement of the 1,100-acre Evermore Orlando resort
next door, the partners attempted to increase the density of the development
program in order to build about 30 vacation rental units.

The request was voted down, so the property owners opted to build what they could, he said.

Along with the 17 vacation homes and townhomes, the Sheen Villas project would feature a community clubhouse, resort-style pool, business center, lobby area, fitness
center, outdoor grilling stations and possible splash pad for children, Hakim said. Villas will be for rent only, and managed by a hospitality company, he adds.

Along with the 17 vacation homes and townhomes, the Sheen Villas project would feature a community clubhouse, resort-style pool, business center, lobby area, fitness center, outdoor grilling stations and possible splash pad for children, Hakim said. Villas will be for rent only, and managed by a hospitality company, he adds.

When complete, the resort community will consist of a 20-acre beach complex, an
eight-acre crystalline water amenity by Crystal Lagoons called Evermore Bay,
food hall and gourmet market, and a two-story Boathouse that will serve weddings
and private events.

At full build out, the resort will comprise roughly 10,000 rooms spread among the
hotel and different vacation homes, villas and flats.

Have a tip about Central Florida development? Contact me at arabines@GrowthSpotter.com or (407) 420-5427, or tweet me at @amanda_rabines. Follow GrowthSpotter on Facebook, Twitter and LinkedIn.

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