Did anyone (besides delusional executives and a handful of Disney-can-do-no-wrong fanbois) ever think Flamingo Crossings was a good idea?
The thought of all the land that has been sold off (and may be sold off in this case) is rather upsetting.
I don't know. The thing was announced way back in 2007 when they also announced Golden Oak and the Four Seasons, which almost didn't happen as well. They were heady days in the real estate market in Florida and, let's not muddy the waters, WDW Co. is a real estate development and hotel management company with theme parks as an ancillary business.
Why they thought Darden would pay 2-3-10 times the rent to open a Longhorn or Olive Garden at FC or Hilton to put a Garden Inn or Homewood Suites or CVS to put a store instead of a mile away on 192 is beyond my limited comprehension. It was yet another stupid (and greedy) business move, but unlike others (like DVC) it has backfired quite nicely.