TradeWinds Island Resorts Update 06/22/23

Developers Revise Plans for TradeWinds Island Resorts Expansion

 

 

1754 Properties has submitted revisions to the plans for the Tradewinds Island Resorts expansion. Plans have now been finalized for the project, called NextGeneration. The initial plans were filed in April 2023. The new plans contain multiple enhancements to the original plans. Among the revisions are the creation of two new beach access paths, screens on the parking garages, adding greenery to the parking garages, lowering the height of new landscaping so as to not block the view of the neighboring Seamark Condos and adding beach charis that can also be used by the Coral Reef Resort. The expansion will add 629 upscale guest rooms and include the construction of 33,000 square feet of conference space including a state-of-the-art 20,000 square foot ballroom.  Additional elements include nearly 18,000 square feet of new retail space, including neighborhood retail space along Gulf Blvd, three new swimming pools with slides and other amenities for families, and three new parking garages.  The improvements will upgrade the overall aesthetic appearance, add other family resort amenities and implement vital infrastructure projects on the property, which will help the resort and the community alike.  Construction will be spread out over four phases.  The first phase, constructed between 2023 and 2024, will feature a new 12-story 154-room hotel and 575-space parking garage.  Phase two, will be an 11-story hotel building, with 261 rooms, conference center, retail space and a 736-space parking garage.  Construction of phase two is planned for 2028-2029.  The third phase, planned for 2032-2034, will see the addition of a 12-story 235-room hotel, retail space and 297-space parking garage.  The final phase, which is also scheduled to be constructed between 2032 and 2034, will add a new two-story hotel lobby and parking deck with 34 spaces. A one-story building will be demolished, the majority of the project will be built on surface parking lots. The expansion is privately funded and is expected to bring more than $19 million in new annual tax revenue to the community.

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