News on Contemporary DVC

SeanC

Member
Original Poster
Walt Disney Co. to sell time shares in 15-story tower next to Contemporary Resort
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High-rise will ultimately contain 281 units, but there's no rush to sell.

Jason Garcia
Sentinel Staff Writer

February 26 2008

The Walt Disney Co. has won approval to begin selling time shares in a 15-story tower the company is erecting next to its famed Contemporary Resort, a $110 million addition that Disney has named "The Kingdom Tower."

The complete article can be viewed at:
http://www.sun-sentinel.com/news/local/florida/orl-contemporary2608feb26,0,1879013.story

Visit South Florida Sun-Sentinel.com at http://www.sun-sentinel.com


According to the article, the state regulatory agency has approved sale of time shares in the building effective immediatey, even though Disney still hasn't commented.
 

WDWFigment

Well-Known Member
Surprised this hasn't gotten more attention around here...

A new swimming pool, for instance, will be large enough for 180 people; go as deep as 4 feet, 11 inches; and feature two hot tubs and a 104-foot-long water slide. There will be two tennis courts, two shuffleboard courts and two boccie ball courts. A barbecue pavilion will have about 490 square feet of covered area and a pair of picnic tables.

An early point-chart submitted by Disney to the state...shows guests will have to spend more points to rent one- and two-bedroom units at the Kingdom Tower than any of Disney's other existing time shares.

The Kingdom Tower continues a wave of construction for Disney's fast-growing Vacation Club. The company is in the midst of building its first time shares at Disneyland in Anaheim, Calif., and has announced plans to build an 800-room resort in Hawaii in which at least half of the units will be time shares.

Disney also recently obtained approval to rebuild its little-known Treehouse Villas, a 60-unit community in a heavily forested area of Disney World.

The move has prompted speculation that those units, too, could be converted to time shares.
 

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