CIEDA announces opening of Flamingo Crossings in Orlando
Through CIEDA, PCI entered into a Limited Partnership called the “Doradus Fund” with six other Indian Tribes to provide equity for developing a collection of hotel development projects throughout the southeast, according to a release.
The Doradus Fund, a multi-tribe off-reservation business model, has been considered a one-of-its-kind for Indian Country. Yedla Management Group manages the Doradus Fund properties. The Doradus Fund partnership has completed three successful hotel development projects in southern cities: Huntsville, Foley and Charlotte, N.C.
The latest Doradus project to be near completion is Flamingo Crossings. Flamingo Crossings Town Center is a $209 Million development project located at Walt Disney World Resort’s western entrance.
The development consists of four seven-story hotels that cover an expanse of 18-acres and boasts a 272-room Home2 Suites by Hilton (opened December 2020), 229-room Homewood Suites by Hilton (opening February 2021), 273-room Fairfield Inn and Suites by Marriott (opening second quarter of 2021), and a 223-room Residence Inn by Marriott (opening third quarter of 2021).
The property development includes a multi-level parking structure, luxurious resort-style pools, and other amenities. One notable luxury amenity is a state-of-the-art Sports Court featuring a mini soccer field with turf, batting cages, and a basketball court at the Fairfield Inn and Suites.