The Orlando Business Journal reported yesterday that the owners of the Walt Disney World Swan and Dolphin are planning to build a new 349-room hotel tower on the current site of the Swan’s tennis courts.
According to OBJ, New York-based real estate firm Tishman and Metlife Investment Management have entered into an agreement with Walt Disney World to build the 14-story tower, which will feature:
— More than 21,000 square feet of meeting space on three floors, including the top floor, which will offer views of Disney’s nightly fireworks at Epcot and Disney’s Hollywood Studios.
— 198 traditional rooms and 151 suites offering private executive meeting spaces equipped with state-of-the-art technology.
— a 75-seat restaurant, including a 50-seat lounge and bar area and additional space for other functions.
— a full-service health club with private changing rooms.
— a landscaped,16,800-square-foot elevated deck with a fire pit and 90-foot long pool.
The Swan hotel is currently undergoing a $3 million redesign of its lobby, public spaces and coffee bar, to be completed by the end of this year.
According to a representative from the Swan, more details on this new construction will be released later this week.
The tower is expected to break ground this fall and open in 2020.