What to know about this $170M project set to break ground near Disney World

ORLANDO, Fla. — Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.

A developer is preparing to break ground on a $170 million, mixed-use project with a variety of vacation home offerings and a commercial component in Osceola County’s Four Corners area near Disney.

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Urban Network Capital Group, which is headquartered in Mexico but has a U.S. office in Miami, will begin work soon on its Visions Orlando resort and spa project on 42 acres off Osceola Polk Line Road.

Why this matters: Large mixed-use projects such as Visions Orlando can have a catalytic effect on their surrounding areas, attracting further development and investment, especially given its proximity to Orlando’s tourist corridor. Meanwhile, the four-phase project will offer opportunities for contractors, workers and suppliers during its construction.

Click here to read the full story on the Orlando Business Journal’s website.