A new filing in Orange County could provide insight into what direction SeaWorld and its parent company are taking as they look to develop prime real estate around the theme park after quietly pulling the plug on plans for two future hotels.
The company is seeking a Change Determination Review that would allow it to build up to 300 multifamily units on undeveloped land along Sea Harbor Drive, across from the main parking lot, for a project called SeaWorld Vacation Village. The application identifies four parcels: two owned by SeaWorld and two adjacent properties. One is home to the Renaissance Orlando Resort, and the other is occupied by the Sea Harbor Office Center, which houses the Visit Orlando and Wyndham Vacations offices.
The applicant is working with engineering firm Kimley-Horn on the planning and entitlements.
The proposed SeaWorld Village planned development is slated for this largely vacant property and three surrounding parcels across from the Orlando theme park. (Orange County Property Appraiser)
The SeaWorld property is currently home to the company’s food services facilities and stormwater retention. The company had previously sought to relocate more of the theme park’s back-of-house operations to that site but withdrew the application last September.
The company had also filed plans in late 2023 and early 2024 for two new park-adjacent hotels, including a full-service, 504-key hotel at the corner of I-Drive and Central Florida Parkway.
The second hotel, dubbed “Project Canopy”, would have had 250 rooms, a full spa and tree-top restaurant within the Discovery Cove section of SeaWorld. It was slated for 50 acres of vacant land and surface parking.
But in May 2025, the company withdrew the applications for both hotels. Carlos Varela, director of design & development for the three Orlando parks, told county planners the hotel projects were “paused indefinitely.”
Marc Swanson, CEO of United Parks & Resorts, has repeatedly hyped the development potential of SeaWorld-owned property over multiple earnings reports. The company owns over 2,000 acres of real estate across its many park locations, including some 400 acres of park-adjacent property.
“We continue to discuss alternatives with potential partners and have recently received specific proposals that we are actively evaluating,” Swanson said during the Third Quarter earnings call last November.
United Parks & Resorts is scheduled to release its fourth-quarter earnings statement on Feb. 26.
RangeWater Real Estate has filed development plans for a 250-unit apartment complex on Westwood Boulevard just north of SeaWorld. (Elevation by Charlan Brock Architects)
The I-Drive District is Orlando’s most desirable multifamily submarket, leading the region in both new construction and absorption, so apartments have long been considered a development option for some of the SeaWorld surplus property. Just across from the SeaWorld site, Atlanta-based RangeWater Real Estate has filed development plans for a 250-unit apartment community at 6305 Westwood Blvd.
“It doesn’t surprise me one bit,” said Brock Nicholas, owner and developer of the nearby Villatel Orlando Resort. He told GrowthSpotter the site is strategically located for an apartment complex or resort community like his, which is home to the market’s first Apartments by Marriott Bonvoy development. The zoning within the I-Drive Overlay would allow both short-term and long-term rentals. With frontage on both Sea Harbor Drive and Westwood Boulevard, the site would be within walking distance of the Orange County Convention Center.
“They could be seeking to entitle it and sell it, or do a joint venture,” Nicholas said. “I do believe you’re going to see another explosion of out-of-town capital in the market this year.”
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