Civitas Capital Group announced October 28 that it provided a $386 million senior construction loan to Flag Luxury Group and Unicorp National Developments for the InterContinental Orlando.
The planned 700-room hotel is at 8001 International Drive. The developers' announcement describes about 105,000 square feet of meeting and pre-function space and a six-level parking garage with approximately 730 spaces.
Site work is already underway, according to the release. Vertical construction is expected to begin in the first quarter of 2027, with completion projected for the third quarter of 2029. Those dates are development targets rather than completed milestones.
FINFROCK will serve as general contractor. JLL Hotels & Hospitality Group advised the developers on the financing; Civitas is the lender.
The planned amenities include restaurants, a spa, fitness facilities, a pool and a club lounge. The property sits in Orlando's tourism corridor near major theme parks.
Flag Chief Executive Paul Kanavos described the financing as the step enabling the project to move into construction. The announcement does not establish that the hotel is open or accepting guests.
Sources Civitas Capital Group financing announcement, October 28, 2026.