News Reflections – A Disney Lakeside Lodge (Project 89 - Development near Fort Wilderness)

[Disstevefan1]

Disney loves to build DVC’s and if non DVC owners want to drop in they are welcome to pay the insane nightly rates. It’s a win win for Disney.

See, Iger was telling the truth as this is part of the 60B “expansion” of the parks

 

[arich35]

Has this been confirmed from Disney at all?

 

[nickys]

Has this been confirmed from Disney at all?

No.

 

[Bocabear]

But remember when the DVC Grand Floridian structure was already topped out and they were still not confirming it was a DVC building...our DVC Guy said he could not even acknowledge at the time they were building anything when there it was...bigger than life...lol I think they were still trying to sell out Saratoga Springs....

 

[nickys]

But remember when the DVC Grand Floridian structure was already topped out and they were still not confirming it was a DVC building...our DVC Guy said he could not even acknowledge at the time they were building anything when there it was...bigger than life...lol I think they were still trying to sell out Saratoga Springs....

I think that was Bay Lake Tower. But yes! “No, there’s nothing to see here”.

I doubt they’ll announce this until Poly sales are well underway. Maybe Easter / Summer next year.

 

[Bocabear]

I think that was Bay Lake Tower. But yes! “No, there’s nothing to see here”.

I doubt they’ll announce this until Poly sales are well underway. Maybe Easter / Summer next year.

We are BLT DVC... when they started building at the Grand Floridian we called our DVC guy.... That is when he told us he could not confirm that it was a DVC...or that they were building.... anything.... lol

 

[nickys]

We are BLT DVC... when they started building at the Grand Floridian we called our DVC guy.... That is when he told us he could not confirm that it was a DVC...or that they were building.... anything.... lol

They did the same with BLT. As it was being built obviously you could see it from the monorail. But Disney still refused to confirm anything. It must be their stock answer.

 

[Disstevefan1]

For folks who think this will not be DVC or at a minimum wont have DVC rooms are not living in reality.

 

[nickys]

For folks who think this will not be DVC or at a minimum wont have DVC rooms are not living in reality.

I haven’t seen anyone claim it won’t have a DVC component recently. Maybe when it was first announced at D23 people were uncertain.

 

[Disstevefan1]

I haven’t seen anyone claim it won’t have a DVC component recently. Maybe when it was first announced at D23 people were uncertain.

I thought it was originally announced as a DVC?

In any event, I think we all agree, at the very least it will have a DVC component if not a total DVC resort.

 

[Gusey]

I thought it was originally announced as a DVC?

In any event, I think we all agree, at the very least it will have a DVC component if not a total DVC resort.

The original was both DVC and normal guest rooms. It's highly likely that this will feature DVC rooms, it's just a question of what percentage

 

[Starship824]

I thought it was originally announced as a DVC?

In any event, I think we all agree, at the very least it will have a DVC component if not a total DVC resort.

If the plans are th exact same as before half of it will be DVC and the other half regular (of course at an insane rate but a normal hotel).

 

[Disstevefan1]

The original was both DVC and normal guest rooms. It's highly likely that this will feature DVC rooms, it's just a question of what percentage

I have no idea, but I wonder if there is a percentage of DVCs sold that "pays for the resort" and the rest are sold at the insane nightly rate is mostly profit?

 

[Bocabear]

With the bland usualness of the architecture, I am hoping they at least do an amazing feature pool and grounds amentities to make this something special instead of a literal Hampton Inn Wilderness Motel... The Reflections renderings look like every new condo building being currently built. Cheap, modern, and unattractive. If we HAVE to have another blight on the shoreline at WDW, I wish they would at least give it some beautiful architectural chops.

 

[Disstevefan1]

With the bland usualness of the architecture, I am hoping they at least do an amazing feature pool and grounds amentities to make this something special instead of a literal Hampton Inn Wilderness Motel... The Reflections renderings look like every new condo building being currently built. Cheap, modern, and unattractive. If we HAVE to have another blight on the shoreline at WDW, I wish they would at least give it some beautiful architectural chops.
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Excellent points. Never gonna happen.

 

[nickys]

I quite liked the A frame cabins / pods / whatever they were.

And the TS right on the water’s edge with floor to ceiling windows looked nice - from the water. Minus the gigantic Pocahontas figure.

The rest? Not so much.

 

[peter11435]

For folks who think this will not be DVC or at a minimum wont have DVC rooms are not living in reality.

It was originally announced as being a DVC property. Nobody should have ever questioned that aspect.

 

[BrianLo]

I have no idea, but I wonder if there is a percentage of DVCs sold that "pays for the resort" and the rest are sold at the insane nightly rate is mostly profit?

Somewhere around a quarter-third of the building being DVC. Margins are incredibly high on build cost.

A unit is speculated at costing the developer at or under 20$/point. Marketing costs and shared spaces being a larger share than the build cost, eating into the margins.

We’ve had some extreme examples like the new VGF units where they probably had broken even during the first couple months of sales. Hence the new Poly Tower snap approval.

 

[BrianLo]

Given it seems to be maintaining the previously planned structure, cash rooms (in obvious addition to DVC) seem incredibly likely to me. It’s way too big to be a DVC only offering. It’s also way too big to be a hotel only offering.

In addition to this, they really hacked away at Wilderness Lodge’s cash room count. Magic Kingdom is also getting a ton of investment. For that reason it wouldn’t be surprising that booking is too tight for this area of WDW.

Thinking beyond this a little bit, I still really feel like Riviera will get a second wave with some cash rooms. Unlike Saratoga or Old Key West, it’s proven to be more of a desirable location for cash rates. With an accompanying further reduction in Caribbean Beach, that I don’t think does as well.

 

[nickys]

In addition to this, they really hacked away at Wilderness Lodge’s cash room count.

The reason they converted cash rooms to DVC at WL is because they couldn’t book those rooms.