JLL arranged a $386 million senior construction loan on Nov. 10, 2026, for the development of a 700-key InterContinental Orlando hotel at 8001 International Drive. The financing, provided by Civitas Capital Group to Flag Luxury Group and Unicorp National Developments, supports construction of the 12-story luxury property scheduled for delivery in 2029, JLL said.
Key Takeaways
- JLL arranged a $386 million senior construction loan for the InterContinental Orlando hotel project.
- The loan was provided by Civitas Capital Group to Flag Luxury Group and Unicorp National Developments.
- The hotel will have 700 guest rooms and be 12 stories tall.
- The project is scheduled for completion and delivery in 2029.
Background
JLL arranged a $386 million senior construction loan on Nov. 10, 2026, for the development of a 700-key InterContinental Orlando hotel at 8001 International Drive. The financing, provided by Civitas Capital Group to Flag Luxury Group and Unicorp National Developments, supports construction of the 12-story luxury property scheduled for delivery in 2029, JLL said.
JLL arranged a $386 million senior construction loan on Nov. 10, 2026, for the development of a 700-key InterContinental Orlando hotel at 8001 International Drive.
The project is a full-service hotel located in Orlando’s International Drive corridor, a prominent area for tourism and hospitality. JLL Hotels & Hospitality Group served as the advisor to the developers, Flag Luxury Group and Unicorp National Developments Inc., in securing the financing, according to JLL and Civitas Capital Group releases.
Key Details
The $386 million loan is structured as a senior construction loan with a floating interest rate and a four-year term. It includes two one-year extension options, JLL reported. Civitas Capital Group is the lender providing the financing, which is intended to fund the construction phase of the hotel development.
The planned InterContinental Orlando hotel will feature 700 guest rooms across 12 stories. The development will include multiple food and beverage outlets and approximately 105,000 square feet of meeting and pre-function space, according to Civitas Capital Group. Additionally, the project calls for a six-level parking garage with about 730 parking spaces to accommodate guests and visitors.
What’s Next
Construction is expected to advance with vertical building commencing in the first quarter of 2027, JLL indicated. The hotel is targeted for completion and delivery in 2029, aligning with the terms of the construction loan. The financing arrangement marks a significant milestone in the development of the InterContinental Orlando, supporting the broader expansion of luxury hospitality offerings along International Drive.
