ORLANDO-The $70 million Bahama Bay Resort, 15 miles west of Walt Disney World’s 30,000-acre attraction, has opened 64 timeshare condo units at the beginning of a crucial tourism season for Central Florida hoteliers and related businesses.

Property manager ResortQuest International of Memphis, TN expects 116 units will be completed by Feb. 1. The 70-acre Lake Davenport property in Davenport, FL is 60 miles south of Downtown Orlando.

The entire gated resort is planned for 1,000 timeshare units, a 17,000-sf clubhouse, four swimming pools with spas, a fitness center and a lakeside beach with a fishing dock.

“Bahama Bay will give our Orlando visitors a luxury condominium option,” ResortQuest president/CEO James S. Olin says in a prepared statement. “Over the past several years, we have seen tremendous growth in the domestic traveler renting vacation homes in Orlando.” Olins says he expects the Bahama Bay venture to “continue that trend in 2003.”

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