The first of 10 Magic Place towers is slated to be a 250-key hotel. Magic Development and Wyndham will release details next week of a new branding partnership.
The first of 10 Magic Place towers is slated to be a 250-key hotel. Magic Development and Wyndham will release details next week of a new branding partnership. (Pininfarina)

Magic Development and Wyndham Hotel & Resorts will announce details of a new branding partnership Aug. 28.

Orlando-based Magic Development currently has three luxury vacation home resort properties in operations or in development on Kissimmee's West 192 tourism corridor. The firm is now building the first Phase of Magic Place by Pininfarina, a $3 billion, 500-acre luxury mixed-use development east of Old Town.

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Phase 1 is planned to include a 250-key hotel within the first of five dual-residential towers, 80,000 square feet of retail and Magic Development's new 23,000-square-foot corporate office/sales center, for a total investment of more than $180 million.

Magic Development launches sales for new $250M resort at Magic Place

Get your first look at the new Magic Village by Pininfarina, and learn exclusive details from Magic CEO Rodrigo Cunha.

Wyndham Hotels & Resorts already had a large presence in the Orlando and Kissimmee market. The company recently added a new Hawthorne Suites and has approved a full-service Wyndham Garden on Reedy Creek Boulevard.

Wyndham Worldwide, the company's timeshare division spin-off, moved its corporate headquarters to Orlando in May.

Have a tip about Central Florida development? Contact me at lkinsler@GrowthSpotter.com or (407) 420-6261, or tweet me at @LKinslerOGrowth. Follow GrowthSpotter on Facebook, Twitter and LinkedIn.

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