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Las Palmeras by HGVC begins expansion plan for 1,000 timeshares on Universal Boulevard

Las Palmeras by HGVC begins expansion plan for 1,000 timeshares on Universal Boulevard
An exterior view of Las Palmeras, a Hilton Grand Vacations Club resort. (HGVC)

The development team behind the 226-key Las Palmeras by Hilton Grand Vacations is gearing up for a major expansion of its resort along Universal Boulevard that can add more than 770 timeshare units across three new high-rise towers to its property.

The current operating Hilton Grand Vacation Club resort sits within a roughly 30-acre portfolio of land at 9501 Universal Blvd. owned by affiliates of ERGS Development, which is managed by Goldman Sachs out of Dallas.

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The most recent Development Plan, filed last week in Orange County, lists Hilton Grand Vacations as the developer. Plans show a three-phase expansion featuring three new resort towers taller than 18 stories in height.

Starting with the first phase, the developer plans to build a 19-story timeshare resort tower with 350 units and a 6-story parking structure that will also contain a maintenance facility.

A site plan with all four phases of Las Palmeras by Hilton Grand Vacations expansion.
A site plan with all four phases of Las Palmeras by Hilton Grand Vacations expansion. (Orange County/GrowthSpotter)

The remaining phases will each consist of an 18-story tower featuring 212 units, each with structured parking garages.

Kimley-Horn and Associates, Inc. is the engineer and landscape architect. HHCP, Inc. is the assigned architect.

The 226-key Las Palmeras by Hilton Grand Vacations resort features one- and two-bedroom suites. Amenities include resort dining, a fitness center and a heated outdoor pool.

The property was formerly a 315-room hotel operated by Westin Hotels & Resorts before HGVC took over and re-branded the property in early 2016. Since then, the Orlando-headquartered vacation-ownership company has kept hush about potential expansion plans.

In 2017, GrowthSpotter reported that the development team began embarking on an amenity expansion that included adding a new activity center, splash park and a two-story pool waterslide. At that time HGVC said it was evaluating expansion plans for the property, but had no specific announcements to share.

All the while, much of the vacant land in the I-Drive corridor is slated for dense development, likely due in part to new, existing or proposed entertainment projects in the district, including Universal’s recently announced Epic Universe theme park.

The hotel is neighbored to the north and east by Topgolf, Andretti Indoor Karting & Games and where Ripley Entertainment Inc. is expected to build a museum on land it paid $7.6 million for last year.

Nearby, developer Vincent Desai is looking to build a new mixed-use project along South I-Drive called Global City Center. Plans for that proposed development call for more than 700 timeshare units and 50,000 square feet of retail and restaurant space.

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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