Some time ago, Disney World announced plans for a retail/lodging development on their western edge.... whatever became of it? is it still a-go?
from what I hear they dont want to go into the value-priced lodgingsounds wonderful if it were on I-Drive. but why does Disney need this? 5000 new rooms on property not run by disney?
from what I hear they dont want to go into the value-priced lodging
busssiness
It's simply a way to sell off land. Just as they have done with Celebration, Crossroads, Little Lake Bryan, and the Four Seasons development. Disney bought far more land than they needed for a theme park resort and they have been slowly selling ever since. It makes perfect sense if they just tried to sell off everything they didn't need all at once they would not get that much for it, but developing individual parcels one at a time and then selling individual lots within a development creates a much greater return on investment.
It's ironic that at Disneyland they are fighting to buy back every inch of land they can but at WDW there giving away land like wholesale defeating the whole purpose of the Florida project
*facepalm*
It's ironic that at Disneyland they are fighting to buy back every inch of land they can but at WDW there giving away land like wholesale defeating the whole purpose of the Florida project
*facepalm*
On a positive note, more families with lower incomes get the oppurtunity to stay on Disney property. It may be a dream come true?
Quoted for Truth.
Does it really make that much sense to sell off the land?
If Disney sells the property they won't be staying on "Disney Property"
I'm sure it will be nice and a convenient location though.
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