Intrawest has completed the successful launch of the first release of the Village of Imagine, located in Orlando, Florida.The launch of the Grand Imagine, a 256-unit condominium hotel,
achieved a pre-sale rate of 83 per cent. A total of 213 suites and residences
were pre-sold to Priority Reservation Holders, including 19 unit sales
awaiting subject removal, representing $83 million in pre-sale revenue. Prices
for the suites and residences in the condominium hotel ranged from $270,000 to
$650,000.
  “We are very pleased with the success of The Village of Imagine launch as
our initial plan was to release only 130 of the 256 total suites and
residences of the Grand Imagine,” said Connie Wynne, regional vice president
for Intrawest. “However, due to the great demand we released and pre-sold the
majority of the 256 residences. Customers recognize that the Village of
Imagine will be a world-class destination resort in the heart of Orange County
providing luxury accommodations to business and leisure travelers alike, with
unmatched access to the nation’s second largest convention center and the
area’s renowned entertainment venues.”
  The Village of Imagine is Intrawest’s second resort development in
Florida after the Sandestin Golf and Beach Resort. Located in Orlando and
adjacent to Orange County Convention Center, The Village of Imagine will
provide luxury accommodations and easy access to amenities essential for the
continued growth of the area’s convention business. The Village of Imagine is
a multi-phased, joint venture development project with construction on the
first phase expected to begin in the first quarter of 2006 with completion
estimated in early 2008. When fully built-out, this 30-acre master-planned
resort village will include approximately 1,000 condominium suites and
residences.
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