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MARRIOTT’S LAKESHORE RESERVE BREAKS GROUND

ORLANDO, FLA. — Marriott Vacation Club International has broken ground on the Lakeshore Reserve at Grande Lakes in Orlando.

Located within Grande Lakes Orlando, the resort will be the first-ever Marriott Vacation Club property to be co-located with a JW Marriott and The Ritz-Carlton. Lakeshore Reserve will feature 340 villas and townhomes with the first phase slated for occupancy by summer 2010.

“We are very pleased to join Grande Lakes and offer this ideal location for our owners and guests,” said Lee Cunningham, executive vice president and chief operating officer with Marriott Vacation Club. “Marriott’s Lakeshore Reserve will be our seventh property in Central Florida, located in one of Orlando’s most prestigious settings,” Cunningham added.

Villas will range from 1,185 square feet to 1,655 square feet of living space, and for the first time in North America, Marriott Vacation Club will introduce two-story townhomes and two-bedroom, two-bathroom lock-off villas offering two master suites. Villa interiors will feature granite countertops; GE stainless steel appliances; multiple LG flat-panel televisions with DVD players; oversized shower; washer/dryer; and Wi-Fi accessibility.

Situated on 500 acres, the campus will feature numerous gardens and walkways, boutique shops, dining options, The Ritz-Carlton Golf Club and The Ritz-Carlton Spa, swimming pools with waterslides, whirlpool spas, a fitness center, and outdoor grilling areas.

“We welcome Marriott Vacation Club and look forward to offering the finest dining, shopping, spa and golf amenities and services to their owners and guests,” said Steve Contos, vice president and managing director of Grande Lakes Orlando. “The addition of Marriott’s Lakeshore Reserve is a perfect complement to Grande Lakes,” he said.

Pricing will range from $26,000 to $40,000 per week depending on season and floor plan selected.

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