With construction expected to begin in early- to mid-2017, the unnamed resort project’s first phase will include 420 guest suites, 170,000 sq. ft. of indoor and outdoor water park amenities, and a 20,000-sq. ft. family entertainment center. Future phases will add 200 vacation condos, 400 additional guest suites, and a water park expansion.
A resort in Grapevine, Texas that includes indoor and outdoor water parks, miniature golf, laser tag, rock-climbing, restaurants, a spa and eventually condominiums will be the latest addition to a city that already has two large destination-style resorts, the Fort Worth, Texas Star-Telegram reported.
The City Council unanimously approved an incentive package on August 2 for Stand Rock Hospitality to build the first phase of a 1,020-room resort and water park with 190,000 sq. ft. of entertainment space. Construction is expected to begin in early to mid-2017, the Star-Telegram reported.
Bob Farley, economic development director for the city, said: “It usually takes about a year to build this. This is a big investment.”
He said the new resort, which has yet to be named, will bring about 1,000 jobs, not including construction, the Star-Telegram reported.
“We are lucky to get them,” Mayor William D. Tate said after the council meeting.
Based in Wisconsin, Stand Rock Hospitality has experience with large waterpark developments, operating parks in the Wisconsin Dells, Smoky Mountains in Tennessee and Poconos in Pennsylvania, the Star-Telegram reported.
The first phase of the Grapevine project will include 420 guest suites, 170,000 sq. ft. of indoor and outdoor water park amenities, and a 20,000-sq. ft. family entertainment center for a combined total project cost of $170 million, the Star-Telegram reported.
Future phases of construction will add 200 vacation ownership condominium units, 400 additional guest suites and water park expansion for a total project cost of about $330 million, the Star-Telegram reported.
The resort will be on 33 acres of Grapevine’s 185-acre development adjacent to Grapevine Mills mall, Bass Pro Outdoor World, Legoland Discovery Center, Sea Life Grapevine Aquarium, Round One Entertainment and the recently announced FieldhouseUSA. It will be close to two other hotels with major water features: The Gaylord Texan Resort & Convention Center and Great Wolf Lodge, the Star-Telegram reported.
The new resort will be on what insiders have called the Palmeiro Tract. The city bought the 185-acre parcel in 2013. It is known as the Palmeiro Tract because it was previously owned by former Texas Rangers star Rafael Palmeiro, the Star-Telegram reported.
Farley, who was hired to find businesses for the Palmeiro Tract, said about 40 acres remain of the original 185, the Star-Telegram reported.