muteki
Well-Known Member
To reiterate a question I had a day or two ago, why exactly were they worried about the weather when making this announcement? I still think a major reason behind this was to attract potential vendors.
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'Disney Springs' - Downtown Disney expansion officially announced
- Thread starter wdwmagic
- Start date
To reiterate a question I had a day or two ago, why exactly were they worried about the weather when making this announcement? I still think a major reason behind this was to attract potential vendors.
parker4fm
Active Member
Anyone know a club/bar owner that has the money to open a spot in this? I know Disney does not want to be in the nightclub business, but if the right party came along to lease space...we could have a comedy club or dance club in Disney Springs. I was never fortunate enough to make it to Adventurer's Club, but I would love to see a third party recreate it!!!
There's a MAJOR difference. Disney Springs will need to be done around existing operating hours. They cannot work 24/7 because you can't just tell AMC or Splitsville or T-Rex "too bad, we need to shut down your operation for a year so we can bang this out real quick." There are current operations and current guests to consider. Sure, New Fantasyland could have been done very quickly if they closed ALL of Fantasyland in the meantime. You just don't have the access or the hours in the day to do something like this lickety split while working around guests. If they were to theoretically open a fifth gate, it would actually get done relatively quickly because you'd be building in the middle of nowhere and could run three full shifts.
SirLink
Well-Known Member
A lot, publicly HW never even got a picture of a model...
Gut says they have Tenants ... Tenants don't want to announce until they have guaranteed dates to move into their spaces, so they don't have to deal with annoying Shareholders of when they will be opening...
Second gut feeling because they haven't decided what will be in each opening phase...
Third gut feeling certain companies want more square footage and haven't got any public designs for certain premises ... yet...
WDW1974
Well-Known Member
It was either that or that and the issue of the tragic accident at Pop Century.
But I'm feeling more and more that they just don't have the tenants lined up and they think Staggs presence and the 'alleged hoopla' over today's announcement might help them.
disneyeater
Active Member
Agreed. Simply (overly) said, there is an income statement view and a balance sheet view. Investors care about both.
WDW1974
Well-Known Member
Taken today.. the suites are strolling.
Great that Staggs is taking in the top-notch Storybook Circus. I hope he went into the Circus tent shop and paid proper homage to the Spirited Patch there.
But, again, where the hell is George? And why has he basically been in hiding since arriving?
SirLink
Well-Known Member
1)It isn't like they are moving buildings so why would they need to shut down AMC/Splittsville/T-Rex/whatever to build a building quickly
2)No they wouldn't as UO are(were) building 24/7 in the middle of the park.
3)Well duh
wdw71fan
Well-Known Member
WDW1974
Well-Known Member
No offense, but I'm going with my gut on this.
It's felt off since the concept art was leaked (now, I'm thinking that it may well have been on purpose ... they do like using the same site to leak on).
You do NOT have a non-announcement announcement, let alone by such a high level official if things are going along swimmingly. You just don't.
The economy still sucks. Retail and Dining operators are closing units across the country. And Disney wants top dollar to locate here. It would be very safe to assume they are still having issues getting enough folks signed to announce ...
Nubs70
Well-Known Member
Being that depreciation can only start after the asset has been placed in service, spreading out payments during construction based on milestones will have no impact on cashflow?
wdwfan4ver
Well-Known Member
What are the aspects of the project are expected to be guest accessible no later than this fall?
PirateFrank
Well-Known Member
Wow, construction starts next month?
If that doesn't speak *VOLUMES* about the true status of Avatarland, I don't know what will....
If that doesn't speak *VOLUMES* about the true status of Avatarland, I don't know what will....
The opposite of that. Spreading payments DIRECTLY impacts cashflow. Payments ARE cash outflows. Depreciation is a non cash transaction used for accounting purposes. The only impact of depreciation on cashflow is tax savings.
Nubs70
Well-Known Member
TWDC's pitch may be, "The economy may suck where you are at but it doesn't suck in Disney Springs."
71jason
Well-Known Member
I know--where will we ever buy pins without that overgrown kiosk???
Glad to know who the one guy I ever saw eating in Pollo Campero was now, tho.