Marriott Vacation Club International's newest property is a first. Construction started last month on Marriott's Lakeshore Reserve at Grande Lakes in Orlando, which will be the chain's first timeshare property co-located with a JW Marriott and a Ritz-Carlton.

First phase of the development, which will have 340 villas and townhomes at build-out, will open in 2010. Prices range from $26,000 to $40,000 per week, depending on season and floor plan. As part of the 500-acre Grande Lakes resort complex, owners will have access to an array of amenities, including the Ritz-Carlton Golf Club, the 40,000-square-foot Ritz-Carlton Spa and a variety of restaurants and retail shops.

Design of the timeshare resort will reflect the Mediterranean style seen in the other Grande Lakes properties. Villas interiors will also reflect the design theme, with a color palette of olive green, terra cotta, red, gold and shades of amber. Six villa floor plans will be available with from 1,185 to 1,655 square feet of living space, and for the first time in North America, Marriott Vacation Club will offer two-story townhomes and two-bedroom, two-bath lock-off villas with two master suites. Interior touches include gourmet kitchens, granite countertops, stainless-steel kitchen appliances, multiple flat-panel LCD TVs, oversized showers and wireless Internet access.

Recreation amenities will include two pools (one with zero entry), three whirlpools, fitness center, two pool bars and a convenience store and deli.

The Grande Lakes property is Marriott's seventh timeshare resort in central Florida.