Doberge
True Bayou Magic
...and a DVC loan that he can pay off in 10 years
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News Disney Lakeshore Lodge (Project 89 - Development near Fort Wilderness)
- Thread starter danlb_2000
- Start date
...and a DVC loan that he can pay off in 10 years
rogerrabbitfan9
Active Member
Probably already discussed in thread, but what's the final plan for the old Fort Wilderness beach?
halltd
Well-Known Member
That’s a big @$$ site!
Couple permits related to this project...
1/8/2020 - Fort Wilderness - M E Construction Inc
4406 Big Pine Rd ( NEW PIONEER HALL OFFICES) - New BOH Office Building
1/8/2020 - Fort Wilderness - Balfour Beatty
4410 Big Pine Rd (1PIONEER HALL FOOD AND BEVERAGE TR) - Demolition of existing trailer and existing utilities
1/8/2020 - Fort Wilderness - M E Construction Inc
4406 Big Pine Rd ( NEW PIONEER HALL OFFICES) - New BOH Office Building
1/8/2020 - Fort Wilderness - Balfour Beatty
4410 Big Pine Rd (1PIONEER HALL FOOD AND BEVERAGE TR) - Demolition of existing trailer and existing utilities
Aries1975
Well-Known Member
Although it sounds like an external refrigerator or freezer unit is being demolished, I was able to make reservations for Hoop-Dee-Doo for August. I am hoping that means the building will still be there. It is a classic show, and my whole group is really looking forward to seeing it. It would be heartbreaking to lose the show.
raymusiccity
Well-Known Member
That's just a minor box for them to check off. Consider what this looks like, compared to Animal Kingdom Lodge or Wilderness Lodge during their construction. The before and after shots are dramatic.
note2001
Well-Known Member
And in Florida trees grow like weeds.
raymusiccity
Well-Known Member
....and weeds grow like trees!
JoeCamel
Well-Known Member
Josh Hendy
Well-Known Member
On the one hand travel and park attendance are likely to go down ... on the other hand the official "fix" for the economic woes is going to be, print more money and blow up the worldwide debt bubble to even more epic proportions. This is a DVC project right? The debt bubble being what it is, Disney will have practically no choice except to borrow more (at super cheap rates), build more condos, and lend the money out to customers to buy timeshares.
In the long term the debt bubble is a financial suicide pact. In the short term shareholders would quickly toss out any corporate execs who don't borrow and lend money "to da max".
toolsnspools
Well-Known Member
To say that they have practically no choice to borrow is wrong. I could get a new credit card tomorrow, at a very good rate, and spend the next month at Disney. That would be a very fun, but poor choice. Large corporations have the same option. Especially large corporations like Disney. Executives that use the "we have no choice" excuse to create a debt bubble, simply because the rates are low, are very bad executives. Low rates give the opportunity for reducing debt, and increasing cash flow into the business due to lowered overhead on existing debt. They don't create "need" for more debt, unless the executives don't have the character needed to run a healthy business.
note2001
Well-Known Member
How would Covid-19 impact a development? Disney still has plans to develop and a major party coming up in 2021 that even the airport is preparing for.
Long term, this may put a halt to more developments, but I think Disney has been building too many too fast as it is. Central Florida has gone nuts with building.