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DCS Investment Holdings to develop $282m Orlando resort
Transactions - AUGUST 27, 2018

DCS Investment Holdings to develop $282m Orlando resort

by Andrea Zander

Marriott International has plans to build a 16-story, $282 million JW Marriott Orlando Bonnet Creek Resort with development starting in the fourth quarter 2018.

The 516-room hotel will be built on the last available site zoned for hotel use in Bonnet Creek, a 482-acre, mixed-use resort community near Orlando’s popular theme parks. Marriott International’s turnkey management solution, managed by Marriott (MxM), will operate the hotel when it opens in first quarter 2020.

The JW Marriott at Bonnet Creek is owned and developed by DCS Investment Holdings. The company is owned by Dwight C. Schar, co-owner of the Washington Redskins and founding chairman of NVR Inc., one of America’s largest homebuilders.

The JW Marriott Orlando Bonnet Creek will have multiple food and beverage outlets, including an indoor/outdoor restaurant and a ninth-story rooftop bar with panoramic views of local evening fireworks. The resort will include an expansive pool with decks and terraces and a pool area for younger guests. The hotel will offer outdoor activities on a special amenity deck that will give guests the option of playing tennis, basketball or shuffleboard.

The hotel will also feature a spa with 10 treatment rooms, fitness center, children’s playroom, teen center and meeting space.

In addition, the resort will include more than 50,000 square feet of meeting space, including a 23,000-square-foot ballroom, to accommodate a variety of social and business events.

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