Dubai, UAE: Sternon Worldwide LLC, the international real estate development arm of Dubai-based developer Sternon Group, will start developing the US$150 million Fortune Star project close to the Disney World in Orlando, Florida.
Designed by the renowned architects, Ray Scott and Matt Cormia, Fortune Star is a massive development of three towers that will deliver 550 luxury apartments in three phases at Kissimmee, near Disney World.
The first phase of the project will see the development of 250 apartments, in the construction of which around 40 investors have already invested so far under investor’s immigration program that allows investors to obtain permanent US residency and a Green Card.
“The land for the development of the project has been acquired, following which all the permits have been obtained and we expect the main construction activities to start in April. We expect to deliver the project in two and a half years’ time.
“Located just a few minutes away from Disney World in Kissimmee, Florida, Fortune Star offers a plush lifestyle with comfortable living. Surrounded by a number of important establishments in the area, Fortune Star defines itself as a part of the tourist destination and is the heart of a bustling community.
“One wakes up to an unforgettable picturesque view of the waterfront and Disney attractions which makes Fortune Star a cut above the rest. With its great location and extensive facilities, Fortune Star proves to be a great investment in the real estate industry which can yield high returns over the years.”
Being developed in three phases, each building is carefully planned to accommodate the needs of distinct personalities and modern-day families. Every phase is unique and offers a healthy space with contemporary living solutions.
Being developed in 3 phases, each building is carefully planned to accommodate the needs of distinct personalities and modern-day families. Every phase is unique and offers a healthy space with contemporary living solutions.
The 1st phase of the development is an 8-storey building overlooking the Magic Kingdom of Disney World. With a stunning view of the outdoors, one is bound to live in serenity and relaxation. The 1st Phase consists of one, two and three bedroom.
All apartments are created with excellence and provide deluxe amenities to its residents, including breath-taking lake views, built-in home appliances such as: microwaves, dishwasher/disposal, cable and internet, digital thermostat, full-size washer and dryer, intrusion alarms, oversized walk-in closets and home-office alcoves, private terraces and walk-in showers.
About Sternon Group
Sternon Group specializes in developing and promoting world-class residential and commercial projects complimented by excellent infrastructure and modern facilities in 40 countries around the world. The developer has been in the industry for more than 25 years, with corporate offices in Africa, Dubai and India, and associate offices in USA and UK, has successfully completed large townships worldwide.
Passionate about property, the company aims to be progressive in its thinking. The company continues to expand both locally and internationally, positioning itself as one of the most valuable property groups in the world.
The company entered in the UAE market with a Dh300 million (US$80 million) residential project.
The Sternon Group has developed high-end real estate projects in other parts of the world. In the United States, Sternon has constructed Sternon Plaza, a big commercial complex in Orlando. The company also developed Rainbow Lake Estate, a complex of 400 villas and Citrus Lake Estate comprising 300 villas, both in Florida.
In India, Sternon is promoting the Rs12 billion project, an NRI township on Mumbai-Pune Expressway, close to the Navi Mumbai International Airport. It has also completed villa projects in Pune and Lonavla.
© Press Release 2018
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