It's Official - Contemporary DVC (The Kingdom Tower)

[crazy4wdw]

From the Orlando Sentinel:

Walt Disney Co. to sell time shares in 15-story tower next to Contemporary Resort

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."

Disney has for months refused to divulge its plans for the hard-to-miss, half-built tower that is rising just outside the gates of the Magic Kingdom -- despite rampant speculation among Disney fans that it is destined for time shares.

A spokeswoman for the company's time-share division, Disney Vacation Club, would not discuss the project in detail again Monday.

"We don't have anything to announce today," spokeswoman Diane Hancock said.

But in new filings with the Florida Department of Business and Professional Regulation, Disney formally states that the Disney Vacation Club will "add a ninth component site to be known as Kingdom Tower at Disney's Contemporary Resort."

Disney says in the documents that it will sell the time shares in phases, beginning with an initial 75 units. The Kingdom Tower, which will connect to the existing Contemporary via a fifth-floor pedestrian bridge, will ultimately contain 281 units, according to the filings.

A spokesman for the Department of Business and Professional Regulation, which awarded a time-share license to the Kingdom Tower project earlier this month, said Disney has now been cleared to start selling units at any time.

"They can begin," department spokesman Sam Farkas said.

Disney appears in no rush. The company says in the documents it doesn't expect to finish the Kingdom Tower until the fall of 2009.

Analysts say the company can afford to be patient. The Kingdom Tower, they say, is likely to prove a huge seller, given that it will be the closest time shares Disney has built to the Magic Kingdom -- the busiest theme park in the world -- and the first built directly alongside Disney's monorail.

"I'd have to imagine that's going to be an extremely popular product," said Jeremy Glaser, a lodging-industry analyst with Morningstar.

Some analysts think Disney is withholding a formal Contemporary announcement because it does not want to undermine time-share sales at Disney's Animal Kingdom Villas or Disney's Saratoga Springs Resort & Spa, both of which are still selling units. The company's four other time-share resorts at Walt Disney World -- as well as one each in Vero Beach and Hilton Head, S.C. -- are sold out.

Glaser, however, said Disney's silence "could just be some trademark Disney secrecy."

Disney's filings with the state also offer more detail about the Kingdom Tower's amenities.

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.

Glaser predicted that Disney will choose to market the Contemporary time shares "as more of an upscale product." An early point-chart submitted by Disney to the state -- Disney Vacation Club owners buy points from the company, which they then redeem for rooms, though they must buy through a "home resort" -- 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.

In a further step toward cementing the new tower's status as a time-share resort, Disney has created a new condominium association that would manage the resort once units are sold off to individual owners. State records show that the "Kingdom Tower at Disney's Contemporary Resort Condominium Association" was formally incorporated Jan. 9.

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.

The widespread building boom comes even as the U.S. economy teeters on the brink of a possible recession.

But Tammie Kaufman, a professor at the University of Central Florida who teaches courses on time shares, said time shares could remain popular even during an economic slump because consumers will want to stretch their vacation money further.

"People are looking for a bargain," Kaufman said.

Scott Powers of the Sentinel staff contributed to this report. Jason Garcia can be reached at jrgarcia@orlandosentinel.com or 407-420-54

[LIFERBABE]

:thumbsup2

Very Interesting thanks for posting.

So the highest point chart of all DVC's. :scared1:

[spiceycat]

but only 75 units - means that it will definitely be sharing with CR.
oh could cares!!!

like it Kingdom Towers instead of CRV. This is the first time DVC has changed the name of it DVC part of a resort.

[dcfromva]

I'm wondering if someone will have a link to the filing (so we can see what the point values are going to be. :) )

-DC

[lovinthemouse]

popcorn:: Watching and Waiting!!!!!:goodvibes

[liznboys]

Thanks for posting the article, crazy4wdw! How exciting!! :)

[zulaya]

Didn't it say only 75 units initially? But 281 total?

[spiceycat]

Didn't it say only 75 units initially? But 281 total?
yes
but when BCV and VWL went for the sale - the entire resort was for sale. So this kinda of makes me nervous.

[akghutton]

Very exciting news!!!! I can't wait to stay there:cool1: I love DVC!!:love:

[JLitfin]

Exciting news, now we have to wait for the announcement from Disney, when will that be, would anyone like to guess.

[DBorges]

I hope you CRV people get your wish but till DISNEEY makes it officail it still may not happen remmeber Eagle Pines?????

[groverdog]

I woke up feeling kinda blue but now I am feeling much better! This is a dream come true for me, I've been so excited since I first heard the rumors and now it looks like reality. Can you imagine being able to stay in your own villa and strolling over to the MK in the evening, no rush, no busses, no lines to get to TTA. Heavenly. And then hopping on a boat for a wonderful ride, cruising to the other hotels ( making a transfer at MK?) having cocktails at the Poly, not having to worry about time. I'm in heaven! I've always loved the Contemporary, we were fortunate enough to have stayed there a couple of times with a MK view. Don't know how that happened and it was wonderful. I just can't imagine now maybe being able to actually own a piece of that particular magic, I'm so happy!!

[Pocahantas]

Ohhh, I can hardly wait!!!

[nunzia]

but only 75 units - means that it will definitely be sharing with CR.
oh could cares!!!

like it Kingdom Towers instead of CRV. This is the first time DVC has changed the name of it DVC part of a resort.


whoops..should have read ahead and not repeated all the other initial 75, but 281 total positngs...

[isyt]

I saw this article and I came here to post but I was late as usual!! I am going to be waiting right beside the rest of you!!!! :surfweb:

[WoodysRoundup]

Could it FINALLY be!!!???? LOVE the "Kingdom Tower" name. I can barely contain my excitement!! :dance3: :cheer2: :yay: Come on Disney, make that anouncement!!!!!!!!!!!!!!!!!!!! :rockband: :dancer:

[TheDISneyFamily]

The Kingdom Tower :cloud9: I can't wait! :yay:

[disney dumbo]

:cool1: :yay: :dance3: :woohoo: :woohoo: :woohoo:
:surfweb: :surfweb: :surfweb:
popcorn:: popcorn:: popcorn::
:love: :love: :love: :love: :love: :love:
:grouphug:

[Caskbill]

In a further step toward cementing the new tower's status as a time-share resort, Disney has created a new condominium association that would manage the resort once units are sold off to individual owners. State records show that the "Kingdom Tower at Disney's Contemporary Resort Condominium Association" was formally incorporated Jan. 9.

I wonder if this could mean it's going to be DVC II, totally separate from the current DVC resorts. The higher point chart may be another clue.

[Starr W.]

:yay: :yay: :yay: :yay: :yay: :yay:

Kingdom Tower, I love the name!!

Can't wait, I actually am hoping for DVC II type resorts like Caskbill mentioned!!

[drusba]

yes
but when BCV and VWL went for the sale - the entire resort was for sale. So this kinda of makes me nervous.

Actually for both BCV and VWL units were declared into DVC in phases even though both were built when sales began. That is just normal when the intent is to make the whole resort DVC; they declare some units, and then declare others, etc. as sales progress. In fact, declaring 75 units for intial sales is actually very high and simply shows an expectation that sales will be brisk. Thus, if the report is accurate, it appears the intent is to make the whole thing DVC with a caveat: what you cannot tell is whether the total 281 units is the entire thing or only part of it meaning part might still be Disney hotel operations.

Also, having its own condominium association is normal for DVC. Every DVC resort has its own condominium association which was created at the time they made filings for the resort like the one for Kingdom Towers. The Association is charged with managing the resort but then it automatically retains Disney Vacation Club Management Corporation to do that. Thus, it does not indicate any separate DVC II.

Of course, I cannot speak to those likely 1,000 point per night rooms ...;)

[ExRIGuy]

This already exists in VWL for the most part -- short boat ride to MK. Better theming too IMO. Yet resales abound at $82 a point. Don't understand the big deal about CRV -- and sure as heck wouldn't pay more for it. This is pure marketing at its best -- take a "has been" resort and turn it into a DVC property, convince folks that the monorail is worth tons of extra $$$, and then 3 years from now resales will be at $8x a point like everywhere else.

There is a price point where DVC doesn't make sense for many folks -- and this may just be it! We'll have to see though, to be sure. Way premature to speculate. But why not?!

I woke up feeling kinda blue but now I am feeling much better! This is a dream come true for me, I've been so excited since I first heard the rumors and now it looks like reality. Can you imagine being able to stay in your own villa and strolling over to the MK in the evening, no rush, no busses, no lines to get to TTA. Heavenly. And then hopping on a boat for a wonderful ride, cruising to the other hotels ( making a transfer at MK?) having cocktails at the Poly, not having to worry about time. I'm in heaven! I've always loved the Contemporary, we were fortunate enough to have stayed there a couple of times with a MK view. Don't know how that happened and it was wonderful. I just can't imagine now maybe being able to actually own a piece of that particular magic, I'm so happy!!

[n2mm]

I saw this article and I came here to post but I was late as usual!! I am going to be waiting right beside the rest of you!!!! :surfweb:

I'll be in line too.

[tgj]

Of course, I cannot speak to those likely 1,000 point per night rooms ...;)


No kidding.... not to mention the initial buy in...

I kinda doubt they're going to be marketing this with the "Membership can pay for itself with only 6 or 7 vacations!"

I get the sense this is outta my price range already....!

[spiceycat]

This already exists in VWL for the most part -- short boat ride to MK. Better theming too IMO. Yet resales abound at $82 a point. Don't understand the big deal about CRV -- and sure as heck wouldn't pay more for it. This is pure marketing at its best -- take a "has been" resort and turn it into a DVC property, convince folks that the monorail is worth tons of extra $$$, and then 3 years from now resales will be at $8x a point like everywhere else.

There is a price point where DVC doesn't make sense for many folks -- and this may just be it! We'll have to see though, to be sure. Way premature to speculate. But why not?!

hey I love VWL - it is a wonderful resort.

but do you really think a DVC CR - kingdom towers - would not be even more wonderful. DVC has yet to build a bad resort.

It is not only the monrail. You can walk to the MK. You can't do that at VWL.
it has chef mickey's right there. also the views will be great. love vwl but wood views even with animals do not have the attraction for me anyway - of the MK or bay lake.

everyone is different. some DVC members will hate KT others will love it, some others may like, etc.

but it definitely sounds like DVC is trying to upgrade - but that really started with SSR and AKV. so really expecting KT to be pretty wonderful.

[WendyinNC]

I hope they put in a concierge level with a lounge overlooking the MK. How wonderful would that be? Sign me up.

[White_Sox_Fan]

I wonder if this could mean it's going to be DVC II, totally separate from the current DVC resorts. The higher point chart may be another clue.

Don't they have to create a condo association for each resort?

The higher point chart seems fair and reflects the demand for the product. It is more equitable than boosting the cost per point. This way all members pay more for the high demand resort, not just those who have CRV as their home resort. I'm sure Hawaii will be in the same situation with possible the highest point chart for all of DVC. Did any one actually think they were going to be able to get the same type units for the same point values as the other resorts?

[RMulieri]

Keeping my fingers crossed...dh finally ok'd buying into DVC:woohoo:

[Tinkerdreams]

I want to see those point charts!! Hopefully the points won't be too ridiculous. :eek:

[groverdog]

This already exists in VWL for the most part -- short boat ride to MK. Better theming too IMO. Yet resales abound at $82 a point. Don't understand the big deal about CRV -- and sure as heck wouldn't pay more for it. This is pure marketing at its best -- take a "has been" resort and turn it into a DVC property, convince folks that the monorail is worth tons of extra $$$, and then 3 years from now resales will be at $8x a point like everywhere else.

There is a price point where DVC doesn't make sense for many folks -- and this may just be it! We'll have to see though, to be sure. Way premature to speculate. But why not?!


Well, I do hope the point chart and unit price won't be too high, of course. But I am still so excited I can barely contain it. I love the Contemporary. I love the theming and have loved it since I first saw it in the 80's. I can't wait to see the new Tower rooms, hopefully they will have a real Jetson's feel to them. The current refurb'ed rooms are gorgeous and very comfortable IMHO. For me, the monorail access doesn't mean much, it's more the ability to walk to the MK that is alluring. I think that is why I love BW so much, being able to walk to Epcot in the evening is wonderful, not to mention the other hotels, the Boardwalk and DHS. I just can't wait for this to happen :)

Having said that, I adore VWL. I wish I would have bought points there when they were first available. I still might consider a resale there, but I have to sell my Vero first. I love the resort, AP is my favorite restaurant in all of WDW and I love they fact you can hop on a boat to the MK. I hope to stay there one day :)

Kingdom Tower - I think I may make myself sick thinking about it!

[BuzznBelle'smom]

:cool1: :yay: :dance3: :woohoo: :woohoo: :woohoo:
:surfweb: :surfweb: :surfweb:
popcorn:: popcorn:: popcorn::
:love: :love: :love: :love: :love: :love:
:grouphug:

What she said! I'm gonna be on this faster than you can say, "home equity line of credit"!

[drusba]

This already exists in VWL for the most part -- short boat ride to MK. Better theming too IMO. Yet resales abound at $82 a point. Don't understand the big deal about CRV -- and sure as heck wouldn't pay more for it. This is pure marketing at its best -- take a "has been" resort and turn it into a DVC property, convince folks that the monorail is worth tons of extra $$$, and then 3 years from now resales will be at $8x a point like everywhere else.

There is a price point where DVC doesn't make sense for many folks -- and this may just be it! We'll have to see though, to be sure. Way premature to speculate. But why not?!



You and me (who will likely never buy at KT -- I assume that will be its abbreviation) and many others think along the same lines in that for us this is not a big deal. However, I do not think we make up the majority and I believe this is going to be a bonanza for Disney for add-ons and a super bonanza for sales to new members.

[tgj]

I hope they put in a concierge level with a lounge overlooking the MK. How wonderful would that be? Sign me up.

That would be a great experience....

...but I can easily see that pushing up to 125-175 points a night. AKV's concierge 1/2 BR on F-S is 90-122 in premier and 69-94 in Magic, and that's without a monorail....

That's a lot to pay for a view, some cocktails and a newspaper.... but for many I'm sure it'd be worth it!

[deej696]

:surfweb:

I am curious, the article said a point chart was filed with the state. Does this mean its a matter of public record, and if so, how can we get our hands on a copy? It seems to me that it would be a part of these same filings that led to the article. Or did I miss something somewhere and do we already have a chart??

[drusba]

Yes, it would all be public record but I I don't believe that agency puts its records on-line and thus you probably need to go there to see them. Note, that agency does show on-line whether a license has been approved and my check there shows Disney Vacation Development Co. has in fact gotten an approved license, as mentioned in the article, for the "Kingdom Tower Resort." Thus, I guess the acronym will be KTR not KT.

[spiceycat]

:surfweb:

I am curious, the article said a point chart was filed with the state. Does this mean its a matter of public record, and if so, how can we get our hands on a copy? It seems to me that it would be a part of these same filings that led to the article. Or did I miss something somewhere and do we already have a chart??

not sure - they claimed the reason the AKV point chart was so late - was it wasn't really.

so maybe Disney might fine toon it like AKV before they lease it to us.

[BWV Dreamin]

I wonder if this could mean it's going to be DVC II, totally separate from the current DVC resorts. The higher point chart may be another clue.

And so what does this mean exactly? Will they pay a condo fee instead of maintenance fees? What does the creation of DVCII mean to existing DVCI owners?

[riggins]

Here's the link to the actual license itself. Unfortunately, there aren't many details here.

https://www.myfloridalicense.com/LicenseDetail.asp?SID=&id=D7D1BEE2578C1A3AD7707E38312ECCE5

[eisena]

Here's the link to the actual license itself. Unfortunately, there aren't many details here.

https://www.myfloridalicense.com/LicenseDetail.asp?SID=&id=D7D1BEE2578C1A3AD7707E38312ECCE5

Thanks for the link.

[gtrist4life]

My guess is that we'll see a formal announcement from Disney fairly soon, either at or around the time of the shareholder's meeting next month.

Also, the link to the license states that the license expires Jan 1 2009? So we'll most likely have sales start before then.

Peace,
G4L

[jbrowna]

I'm curious, when the article states that KTR will have 281 total units with an initial sale of 75. As we know, a "unit" in time-share speak is not the same as a "room". Jambo House at AKV is 56 "units" but many more rooms than that. So an initial sale of 75 "units" is about 50% more than the inital sale at AKV. However, it sounds to me like the total of 281 would be more like rooms. Anybody have any thoughts on that? :confused3

Also, speculation on the point charts: so KTR will have the highest point requirements of any DVC room -- duh! But what does that mean? Currently the highest point requirements are for AKV concierge: ST - 13, 1BR - 27, 2BR - 37, in low season; 23/45/61 in premier. So highest could simply mean higher than these -- by a lot, or by a little remains to be seen. I don't see how they can be too out of line with existing resorts without opening up other nightmare scenarios, such as KTR owners flooding the other resorts with their massive numbers of points at the 7 month window. We'll just have to wait and see. :rolleyes1

[Josh125]

Yes, it would all be public record but I I don't believe that agency puts its records on-line and thus you probably need to go there to see them. Note, that agency does show on-line whether a license has been approved and my check there shows Disney Vacation Development Co. has in fact gotten an approved license, as mentioned in the article, for the "Kingdom Tower Resort." Thus, I guess the acronym will be KTR not KT.

Someone needs to take a trip to view the point chart, as a public service to us all !!!!

[tomandrobin]

Someone needs to take a trip to view the point chart, as a public service to us all !!!!


Do a little snooping and don't forget your camera!
http://i144.photobucket.com/albums/r197/tomandrobin/smileys/reporter.gif

[tfc3rid]

Well, sounds good for those of you interested... My final DVC Add-On will be in Hawaii (God willing)...

[Josh125]

Do a little snooping and don't forget your camera!
http://i144.photobucket.com/albums/r197/tomandrobin/smileys/reporter.gif

Exactly, to be honest with all the members that are down there on any given week plus the folks that live there this can't take long before we have the point charts.....at least here is hoping :cool1:

[spiceycat]

if they let the point chart be on public view.

I want think if it was it would be in the link.

thanks so much for that link!!!!

will be down there next week - but no car.:confused3

[robinb]

Good news, but I HATE the name "Kingdom Tower".

[drusba]

How bout we just rename it "The Outrageously Priced and Enormously High Point Cost Kingdom Tower Resort."

[White_Sox_Fan]

Good news, but I HATE the name "Kingdom Tower".
A Sox Fan and a Cubs fan agree on something!

[robinb]

A Sox Fan and a Cubs fan agree on something!
:faint:

[JJ721]

What a great year it will be... First, DVC at CR! Then, October baseball in Chicago - Cubs/White Sox World Series!!!!

As to "Kingdom Tower", I think it sounds too...Biblical.

[robinb]

As to the name, it sounds too...Biblical.Now that you mention it, that's probably why I don't like it. And yes, the goat must die!!!

[TSMIII]

Thus, if the report is accurate, it appears the intent is to make the whole thing DVC with a caveat: what you cannot tell is whether the total 281 units is the entire thing or only part of it meaning part might still be Disney hotel operations.


Does my memory serve me correctly - wasn't there an earlier Orlando Sentinel report that claimed it would be 295 units/rooms? Now they state 281 units.

I wonder if the difference of 14 rooms/units is a result of a change in construction plans, or a 14 room block of suites for cash paying guests, an erroneous report, or something else?:confused:

[Muhlenberg]

Does my memory serve me correctly - wasn't there an earlier Orlando Sentinel report that claimed it would be 295 units/rooms? Now they state 281 units.

I wonder if the difference of 14 rooms/units is a result of a change in construction plans, or a 14 room block of suites for cash paying guests, an erroneous report, or something else?:confused:
Yes, that's correct. My guess is there's an error in the reporting, somewhere.

[jbrowna]

Does my memory serve me correctly - wasn't there an earlier Orlando Sentinel report that claimed it would be 295 units/rooms? Now they state 281 units.

I wonder if the difference of 14 rooms/units is a result of a change in construction plans, or a 14 room block of suites for cash paying guests, an erroneous report, or something else?:confused:

We know that in time-share speak a "unit" does not equal a "room". After all Jambo House at AKV is 56 "units" but a lot more rooms than that. Could the problem be that the article is mixing the two terms? :confused3

[gmboy95]

:woohoo: :woohoo: :woohoo: :woohoo:

best news i have heard in awhile...dont care what the point level is, will not be able to bank points anymore ..but it is way worth it to me!!!

[lisareniff]

Does my memory serve me correctly - wasn't there an earlier Orlando Sentinel report that claimed it would be 295 units/rooms? Now they state 281 units.

I wonder if the difference of 14 rooms/units is a result of a change in construction plans, or a 14 room block of suites for cash paying guests, an erroneous report, or something else?:confused:

Unless there is a restaurant on an upper floor or some other common area, I'm still thinking there will be over 300villas. If no dedicated studios and one bedrooms then I would estimate ~320. [My estimate was from last year looking at the plans in the permits and the architect drawings. I stated a rough 350 then but was assuming some dedicated units.]

[kristytru]

waiting for that point chart and price per pointpopcorn::

[tomandrobin]

Unless there is a restaurant on an upper floor or some other common area, I'm still thinking there will be over 300villas. If no dedicated studios and one bedrooms then I would estimate ~320. [My estimate was from last year looking at the plans in the permits and the architect drawings. I stated a rough 350 then but was assuming some dedicated units.]

There will br a restuarant on top, like California Grille is at the top of Contemporary. I recall seeing that on the renderings.

http://i144.photobucket.com/albums/r197/tomandrobin/CRV.jpg

[ryanmilla]

popcorn:: subscribing because this is interesting news. I'm glad they are adding a resort at the Contemporary (assuming the report is accurate). I'll be happy to try it out. Probably won't buy into it, but it will be fun to give it a whirl once.

[lisareniff]

There will br a restuarant on top, like California Grille is at the top of Contemporary. I recall seeing that on the renderings.


We believe the top two full floors are grand villas due to the window structure and Spicy's relative comment on the plans he saw. Now that extra little bump on top might be something??? Or perhaps they could put something on the 4th floor next to the bridge to CR??? Not sure where the top floor restaurant comment came from. Do you remember what rendering?

[Inkmahm]

Good news, but I HATE the name "Kingdom Tower".

When I hear that name it reminds me of "Kingdom Hall" not Magic Kingdom.

[lisareniff]

::yes::

[DisneyBride'03]

Why not, just ..."The Tower @ COntemporary" thats sounds more "upscale" than Kingdom Tower....just a thought.

[Inkmahm]

Why not, just ..."The Tower @ COntemporary" thats sounds more "upscale" than Kingdom Tower....just a thought.

They already have a classification called "Tower" at the Contemporary. As opposed to the Garden Wing. They have "tower MK view" and "tower lake view" as I recall.

[DisneyBride'03]

oh thats right...no wonder why it came to mind via sub conscious!

[kristytru]

Now for the important stuff...who out there can redesign my CRV signature to say "Kingdom Tower"?:rotfl2:

[corpcomp]

Finally - The Kingdom Tower!! - Now if there if anything left after my tax filings next month!! :confused3

[PEANUT1]

I better start saving now!!! we are going to do our first add on at the contemporary when its announced...i also hate the name.:flower3:

[groverdog]

We believe the top two full floors are grand villas due to the window structure and Spicy's relative comment on the plans he saw. Now that extra little bump on top might be something??? Or perhaps they could put something on the 4th floor next to the bridge to CR??? Not sure where the top floor restaurant comment came from. Do you remember what rendering?


I agree that the top two floors look like GV's, much like those at SSR. Can you imagine the view?

I'm so excited!

[dkostel]

I thought the price per point would be much higher, but it makes more sense to make the points per night higher. That way it is more expensive for everyone. :thumbsup2

Oh and it's not the goats fault, Cubs choke on everything, not just goat (go Sox).

[BroganMc]

Ah Kingdom Tower, sounds like Babylon. I wonder if the thing on top is a crown. They can call it the Crown Lounge. ;)

Now the question is when do they start selling points. I thought Florida wouldn't let them sell anything until the building was 70% complete. I thought "complete" meant inside and outside. The shell looks to be about 50% done but there's still another 6-9 months before they get the insides done too. Yet the article quotes a state official saying Disney could start selling now.:confused3

Also it mentioned 1 and 2bedroom units but no studios. But don't the floorplans call for 2bedroom lockoffs?

As you can tell, I'm shooting for a small add-on. Just enough for 3 days in a studio.

[DisneyBride'03]

i'd like the 3 day stay in a studio too!!

Oh, and it is the goat's fault!

[BroganMc]

i'd like the 3 day stay in a studio too!!

Oh, and it is the goat's fault!

Here's hoping we don't have to pay $10k for the privilege.

[Laurabearz]

Well we will try at the 7 month window at least once.

:-)

[BroganMc]

Well we will try at the 7 month window at least once.

:-)

If I thought that would be easy and still get a HA studio with roll-in shower, I'd not own there. Truth is I'm happy at SSR. But with the size of this resort and the location I expect handicapped rooms to be in the highest demand.

[icouldlivethere]

I decided to email the reporter who wrote the story and ask him about the point chart he saw. I was pleasantly surprised to get a very nice reply from him.

He said he didn't put the points in the story due to the fact he didn't have enough space to get into that kind of detail and he didn't want to make an error because he wasn't an expert on DVC points.

Being as I am a novice at all things DVC myself I didn't know how to make sense of some the information he gave me. I just recently passed ROFR on a small Boardwalk contract.

Now I don't know what etiquette dictates as far as how much of his email I can quote. He did say it didn't have the highest point totals in the Studio or Grand Villa categories just in the 1 bedroom and 2 bedroom categories.

He did go into the External Exchange Program rates as well.

Maybe someone on this board could email him and ask him better questions than I did and ask if it is OK to quote him on a message board. The reporter seems to be a very, very nice guy.

[Muhlenberg]

That sounds like there ARE studios. That would be good news!

[Chellymouse]

I'm a new owner and all I can say is...boy do I have a bad case of "add-on-itis"! DH is gonna have a cow! :rotfl2:

[icouldlivethere]

I just saw there is another thread on this topic and somebody else got the same idea I did and emailed the reporter only she got permission to quote him and she quoted the same email information I got on the other thread.

[spiceycat]

If I thought that would be easy and still get a HA studio with roll-in shower, I'd not own there. Truth is I'm happy at SSR. But with the size of this resort and the location I expect handicapped rooms to be in the highest demand.

they will definitely be a high demand. the CR was build back in the 70's - so very, very few HA rooms.

that has been a complain for quiet a while.

so expecting even more than normal at KTR - since the CR has so few. Of course with the new name maybe they are trying to made it be a stand alone DVC resort - without having to made up for the lack at CR.

[spiceycat]

That sounds like there ARE studios. That would be good news!

definitely!!!!

[BroganMc]

so expecting even more than normal at KTR - since the CR has so few. Of course with the new name maybe they are trying to made it be a stand alone DVC resort - without having to made up for the lack at CR.

Are you suggesting that as part of CR, there would have to be more HA rooms in KTR? But alone it wouldn't have to have more; just the amount required for that standalone resort?

Incidentally, I have seen a fully accessible room in the CR Tower. It was lakeview. Nice room. But I think they only have one other roll-in shower room in the Tower (Magic Kingdom view).

FWIW, BCV only has 15 accessible rooms and I believe only 5 are fully accessible. Once I learned that I never expected to get a room there at 7 months. That's why I'm planning to need a KTR/CRV ownership to get a room I need.

[Muhlenberg]

I don't think they'd have to make up for lack of HA in a new resort. They only have to build to code. And any preexisting resorts don't need to be brought up to code. I don't think they're going to go above and beyond what the code requires. JMO But I'm sure there will be more HA percentage wise in a new building.

[La2kw]

This already exists in VWL for the most part -- short boat ride to MK. Better theming too IMO. Yet resales abound at $82 a point. Don't understand the big deal about CRV -- and sure as heck wouldn't pay more for it. This is pure marketing at its best -- take a "has been" resort and turn it into a DVC property, convince folks that the monorail is worth tons of extra $$$, and then 3 years from now resales will be at $8x a point like everywhere else.

There is a price point where DVC doesn't make sense for many folks -- and this may just be it! We'll have to see though, to be sure. Way premature to speculate. But why not?!

Ever stayed at a monorail resort? There's nothing like it. WL is a beautiful resort, but it would be much better if it were on the monorail.