The Orlando Sentinel reports that funding has been secured to begin construction on the Four Seasons resort hotel and timeshare, with work expected to begin in December 2011.
According to the Sentinel, Four Seasons Hotels and Resorts has secured $360 million in financing for the project in which it will hold a 30% stake.
The project will feature 444 hotel rooms, 40 fractional timeshare units and up to 90 Four Seasons private residences. Among the resort's planned amenities are a rooftop restaurant with views of the Magic Kingdom and an extensive pool complex featuring a "lazy river."
The hotel's opening is scheduled for mid-to-late 2014.
Source: Orlando Sentinel