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View Full Version : What will DVC have to sell?


Maistre Gracey
07-13-2009, 02:46 PM
If BLT and VGC have only a few months left of sales, what will DVC be selling in six months? I'm not sure how far along the Hawaii project is, but I would think it's pretty far from starting sales.
Is SSR sold, or is there still points there?

Thoughts?

MG

erionm
07-13-2009, 02:49 PM
I don't believe that BLT will 'sell out' in a few months. I think that less than 50% of the building has been declared so far.

At SSR, they have the THV points to sell. Currently only half of those units have been declared.

arthur06
07-13-2009, 02:51 PM
My guess...in 6 months DVC will be selling BLT, SSR, AKL and that's it. I would guess that VGC will be sold out. I think by this time next year BLT will be sold out, but not in the next 6 months.

If the economy continues like this, I could see some spectacular Dec/Jan incentives.

DVCGeek
07-13-2009, 02:52 PM
They are also still selling AKV last I heard...

BWV Dreamin
07-13-2009, 02:54 PM
BLT will not be sold out in a few months. Guides are already streching some truths to fuel the fire sale. Don't buy it. VGC may not take as long due to the fact of being a smaller resort. Look folks, Disney is hurting. Don't be their cash cow. :sad2:

rowbear
07-13-2009, 03:06 PM
Knowing them they will be erecting tents at fort wilderness and selling ownership.

Maistre Gracey
07-13-2009, 03:24 PM
Yup... I agree that DVC is stretching the truth about selling out BLT. Only time will tell.
And yes, I totally forgot about AKV. Not sure how much is left there..

I guess if they can continue selling for another year, Hawaii may be close to sales. It would be odd having only Hawaii for sale though..

MG

DVCGeek
07-13-2009, 03:46 PM
Anyone remember what was on sale when Vero & HHI were available directly from Disney? Has there ever been a time when they did NOT have a WDW property as one of the options? :confused3

dizfan
07-13-2009, 03:51 PM
Based on Disney's paperwork with the Orange County Comptroller, as of June 18, 2009 only 43.77% of BLT was declared. That means less than that was sold. If Disney had 43.77% of BLT sold (not just declared), that would still leave over 3 million points for sale. (Basing it on the 19572 points that I've seen as part of the BLT contracts on the OCC web site). That's a lot of points to sell.

Since that date, there have been some good promotions that drove sales:
- Member referral cruise discount ended. We were at Chicago Doorway to Dreams the last weekend of the member referral discount ending and know for a fact they were busy closing deals that weekend.
- Web cast (DVC guide said they hoped 30% of the 6000 participants would buy). This is what hooked us and got us to buy BLT.
- Boston show (lots of people posting about adding on or buying from this show)
- BLT previews (initially many people posted about buying during these presentations, but it's slowing down)

The OCC web site is just starting to show some of the contracts from these promotions. We should have a good indication in a month how well BLT really sold at these promotions.

Maistre Gracey
07-13-2009, 03:53 PM
Anyone remember what was on sale when Vero & HHI were available directly from Disney? Has there ever been a time when they did NOT have a WDW property as one of the options? :confused3
I believe BWV was selling at the same time as VB and HH. Actually, VB may have started selling before OKW was sold out.

BCV sold very quickly, and DVC almost had nothing to sell. I believe that led in part to SSR. I think the next planned DVC was Eagle Pines, but Saratoga was a quicker build because much of the infrastructure was already in place.

Please feel free to correct me on this, as I'm not 100% certain of my facts.

MG

Sammie
07-13-2009, 04:00 PM
Personally I think sales are going to really slow down. Unemployment is really high, the economy is not bouncing back and if Disney parks continues to decline as it has recently due to the cutbacks, that has to affect sales.

I have a friend just back, and she is a diehard Disney fan, who goes every year the week after the 4th and she was amazed at the differences in the parks due to the recent cutbacks.

And if DVC is saying that BLT is almost sold out they are definitely stretching that fact. According to this article in the Sentinel at the end of May, sales were really down.

http://www.orlandosentinel.com/travel/attractions/orl-disney-time-shares-053109,0,3807077.story

DVC Mike
07-13-2009, 06:27 PM
If BLT and VGC have only a few months left of sales, what will DVC be selling in six months?

Maybe SSR Phases 6, 7 and 8? :lmao:

DVC96
07-13-2009, 06:46 PM
We bought OKW back in 1996. They were also offering BWV and VB. They may have also been offering HHI, but I don't really remember.

Dean
07-13-2009, 07:24 PM
I would think they have enough inventory to get them through 2010 without any major issues and without any new declared resorts or phases. They might be able to stretch this through much of 2011 with ROFR. This should get them to HI fairly easily if it actually happens and stays on track. But the real question is what then. Do they let it go and move on, keep adding resorts. IMO, if they plan to cont active sales, they need to be planning additional resorts. They could go with the parks abroad, include GF and Poly, go with off site options and/or resurrect EP in a new location. I doubt there's enough space for CA to do much more with DL. They could also add a second DVC tower at CR. We should start to get some pretty good rumors in the next 6 months if they seriously plan to cont expansion currently. Or they could just let it ride out and see where the current resorts and economy goes. IF they do that, they'll really have to scale back the sales force and sales infrastructure in the next 12-18 months.

PamOKW
07-13-2009, 07:43 PM
I would think the planned resort in DC/VA would include some DVC component -- that would be a bridge to HI or whatever WDW resort they might come up with next.

I'm surprised the new DVC resorts are selling as well as they are in this economy. It seems like a lot of folks talked about using home equity loans to purchase their points. I would suspect DVC is starting to also see defaults on properties they've sold. Could be we see a repackaging of "sold out" resorts? If they gather enough BWV points they could resell them with the new end date....probably also offering the extension to BWV owners as they did with OKW.

For history -- which could be blurred -- but I'm 99% sure that OKW, HHI and Vero were all available at the same time with the "rumor" of BW going to include a DVC component. I'm guessing at one point all four were available at the same time.

Dean
07-13-2009, 07:53 PM
I would think the planned resort in DC/VA would include some DVC component -- that would be a bridge to HI or whatever WDW resort they might come up with next.

I'm surprised the new DVC resorts are selling as well as they are in this economy. It seems like a lot of folks talked about using home equity loans to purchase their points. I would suspect DVC is starting to also see defaults on properties they've sold. Could be we see a repackaging of "sold out" resorts? If they gather enough BWV points they could resell them with the new end date....probably also offering the extension to BWV owners as they did with OKW.

For history -- which could be blurred -- but I'm 99% sure that OKW, HHI and Vero were all available at the same time with the "rumor" of BW going to include a DVC component. I'm guessing at one point all four were available at the same time.OKW, HH, VB and BWV were all selling at one time but OKW was just starting to wind down when BWV started selling if I recall correctly. VB and HH cont selling through VWL, the new points at OKW and BCV. They have have stretched to the start of SSR sales but I don't recall for certain.

Pixieflip
07-14-2009, 10:13 AM
We bought into VB in January of 2001 and they were just about to begin VWL. It seemed like they were finishing up with VB, but not truly sure when they completely sold out.

casper
07-14-2009, 10:25 AM
I guess if worse comes to worse (if "selling out" could be described as "worse") Disney could ROFR all the contracts trying to be sold and then turn around and sell those points at the older resorts.

rowbear
07-14-2009, 10:43 AM
I'm surprised the new DVC resorts are selling as well as they are in this economy. It seems like a lot of folks talked about using home equity loans to purchase their points. I would suspect DVC is starting to also see defaults on properties they've sold. Could be we see a repackaging of "sold out" resorts? If they gather enough BWV points they could resell them with the new end date....probably also offering the extension to BWV owners as they did with OKW.




Especially considering how much more expensive points are these days. I am glad we bought as much as we did in 2001 because if the resale list is any indication of what new points would cost then WOW. I don't remember the exact cost but on the resale list my 300 points are easily 5k-6k more expensive than when I purchased.

tomandrobin
07-14-2009, 11:14 AM
DVC has a lot of inventory to sell. AKV and BLT are only about 30% sold out. AKV might be 40%. With the economy and resales prices plunging, it will be a long while before WDW DVC resorts are sold-out. By that time DVC Hawaii will be in full sales mode.

TSMIII
07-14-2009, 12:49 PM
And don't forget OKW 2057. They had a good quantity of points on hand when the extension was offered and can always ROFR resale 2042 points to convert to 2057 contracts. Coupled with the undeclared segments of AKV, BLT & SSR-THV, I think they'll have more than enough to get them to the first Hawaii declarations/sales. Plus there's always the potential for DVC at National Harbor if Hawaii is delayed.

chris1gill
07-14-2009, 01:47 PM
If BLT and VGC have only a few months left of sales, what will DVC be selling in six months? I'm not sure how far along the Hawaii project is, but I would think it's pretty far from starting sales.
Is SSR sold, or is there still points there?

Thoughts?

MG

I don't think BLT is within months of selling.... I was just at the Hawaii site 3 days ago and it's really just barely begun, I have a ton of pictures, I just have to separate them out from others I took. They're moving dirt and have 3 walls up currently.... so although they are working all day just about every day minus Sunday, Hawaii is quite a ways off. I think the anticipated date is 2011.

Bob Price
07-14-2009, 01:59 PM
Maybe SSR Phases 6, 7 and 8? :lmao:


:rotfl: The gorilla is growing.

JasonDVC
07-14-2009, 02:53 PM
We added on at BLT at the Boston show. I told our guide that what I really wanted was GF. She said that GF and Poly are coming in the next 5-6 years. I've already started saving. She also said that they are looking at a "ski destination"; they are looking into the possibility of a DVC Cruise ship due to the high level of interest in DVC members trading for DCL cruises; and the plan is to "dot" the resort area with DVC (yes, including Mods and Values).

Not spreading rumors, just relaying what I was told by our guide.

Hawai'i will likely be the bridge to GF and Poly sales and we'll see what comes after that.

Dean
07-14-2009, 06:22 PM
We bought into VB in January of 2001 and they were just about to begin VWL. It seemed like they were finishing up with VB, but not truly sure when they completely sold out.I don't think DVC knows when it sold out as well. They announced it as "sold out" at about 11-12 months into sales and around the time BCV started selling. They were anticipating it would finish selling out based on member add ons and those who insisted on owning there. Well that didn't happen so after about 6 months they reopened sales officially for another roughly 6 months. Thus I think that makes BCV the fastest to sell out so far though given it's size and situation, one would expect CA to take that record. I'm thinking BCV was about 13-14 months until announcement give or take a month or so.

arthur06
07-14-2009, 07:50 PM
We added on at BLT at the Boston show. I told our guide that what I really wanted was GF. She said that GF and Poly are coming in the next 5-6 years. I've already started saving. She also said that they are looking at a "ski destination"; they are looking into the possibility of a DVC Cruise ship due to the high level of interest in DVC members trading for DCL cruises; and the plan is to "dot" the resort area with DVC (yes, including Mods and Values).

Not spreading rumors, just relaying what I was told by our guide.

Hawai'i will likely be the bridge to GF and Poly sales and we'll see what comes after that.

I really don't put any faith in any of these statements! Nothing against you, but a guide will say anything.

GF and Poly would be the most likely to be new DVC's in the future, simply because they are deluxe resorts in prime location with a following.

I don't see values being added to DVC, simply because you can't call DVC a premium product when you are less then premium as an alternative.

If I was to simply guess that DVC was going to put new DVC's at an international or domestic location next, I would be right, wouldn't I?

The Poly and GF rumors won't die! They are just to logical and I think that guides know this.

tjkraz
07-14-2009, 09:41 PM
I still think a second CR tower makes the most sense as the next big construction project. (That's not to say that they couldn't do something small like conversion of some Grand Floridian buildings in the interim.) Of course, we'll have about a 3-year heads-up if they decide to bulldoze the South Garden Wing. They won't be too successful in deflecting inquiries this time around. :lmao:

(Could that be part of the reason that DVC seems to currently be pushing BLT points at the expense of the other options? Hard to use the "get 'em while they last!" sales pitch on BLT when you have a second 300-room tower going up next door. Hmmmmmm. popcorn:: )

oakmanner
07-14-2009, 10:58 PM
Maybe SSR Phases 6, 7 and 8? :lmao:

We can only hope! I would be in favor of some more condo style DVC units at WDW instead of more hotel style rooms with endless hallways and long walks to get to your room that exist at some of the other DVC resorts.:goodvibes:stir:

BostonDisneyKid
07-15-2009, 06:28 AM
GF and Poly would be the most likely to be new DVC's in the future, simply because they are deluxe resorts in prime location with a following.

I don't see values being added to DVC, simply because you can't call DVC a premium product when you are less then premium as an alternative.


Let it be known my flame retardant suite is on... so flame away !!!
I think the most logical next step for DVC is for them to broden the spectrum of the DVC resorts by providing a non-deluxe, somewhat inexpensive alternative. This conversation has taken place a few times since I have been on the disboards since 2004. I think now more then ever, with the economy being where it is, this would/should be considered and welcomed from the DVD and WDW Corps (maybe not so much from DVC members but I could be wrong). If so, I think the most logical location would be the partially developed, unused location at Pop - The Legendary Years location.

"Legendary Hall" (I.E. This part of the Pop Century Resort's combination registeration, restaurant & retail area). All standing there, empty." (from JimHillmedia.com - photo by Jeff Lang)
http://www.jimhillmedia.com/mb/images/upload/pop-century-entry-hall.jpg

"Hourglass Lake, across the Generation Gap Bridge" (from JimHillmedia.com - photo by Jeff Lang)
http://www.jimhillmedia.com/mb/images/upload/pop-century-bridge.jpg

(from JimHillmedia.com - photo by Jeff Lang)
http://www.jimhillmedia.com/mb/images/upload/pop-century-building.jpg

Parcel ID - 31-24-28-0000-00-005 : Taxable Value - $174,112,221.00 : Land Value - $79,200,000.00 : Building Value - $94,912,221.00 : Taxes Last Paid - $2,439,354.01

As you can see the resort is seperated by hourglass lake and could easily be transformed into something much different then originally intended. The "unused land" is nearly idential to what we know as Pop Century today with it being half of what POP was originally designed to be. They continue to pay taxes on the land and unoccupied buildings to the tune of 2.4 million a year which seems very un-disney-like (to loose money on any venture). This portion of the land parcel was originally intended and declared to be 2880 standard value rooms which could be reconfigured in many ways to provide a DVC Value location. I would think with the infrastructure (plumming, electrical, foundation, building itself, roadways, telecommunications, etc) already being in place it would be a quick build and would fill a void in their portfolio which doesnt exist today.

Dean
07-15-2009, 06:59 AM
Let it be known my flame retardant suite is on... so flame away !!!
I think the most logical next step for DVC is for them to broden the spectrum of the DVC resorts by providing a non-deluxe, somewhat inexpensive alternative. This conversation has taken place a few times since I have been on the disboards since 2004. I think now more then ever, with the economy being where it is, this would/should be considered and welcomed from the DVD and WDW Corps (maybe not so much from DVC members but I could be wrong). If so, I think the most logical location would be the partially developed, unused location at Pop - The Legendary Years location.

"Legendary Hall" (I.E. This part of the Pop Century Resort's combination registeration, restaurant & retail area). All standing there, empty." (from JimHillmedia.com - photo by Jeff Lang)
http://www.jimhillmedia.com/mb/images/upload/pop-century-entry-hall.jpg

"Hourglass Lake, across the Generation Gap Bridge" (from JimHillmedia.com - photo by Jeff Lang)
http://www.jimhillmedia.com/mb/images/upload/pop-century-bridge.jpg

(from JimHillmedia.com - photo by Jeff Lang)
http://www.jimhillmedia.com/mb/images/upload/pop-century-building.jpg



As you can see the resort is seperated by hourglass lake and could easily be transformed into something much different then originally intended. The "unused land" is nearly idential to what we know as Pop Century today with it being half of what POP was originally designed to be. They continue to pay taxes on the land and unoccupied buildings to the tune of 2.4 million a year which seems very un-disney-like (to loose money on any venture). This portion of the land parcel was originally intended and declared to be 2880 standard value rooms which could be reconfigured in many ways to provide a DVC Value location. I would think with the infrastructure (plumming, electrical, foundation, building itself, roadways, telecommunications, etc) already being in place it would be a quick build and would fill a void in their portfolio which doesnt exist today.We've had two major rounds of discussion on this issue over the years. IMO it would not be a good choice for the current situation and I don't think it's very feasible to tie it in as a regular part of DVC. However, they could spin it off with some type of interaction with DVC, say a non home, none system priority of 6 months out. Marriott tried this approach with Horizons and it failed. I think it was a good idea but they over priced it. I think Poly, GF and a stand along are far more likely for DVC. I doubt we'll see much if any non theme park related options until we see how HI does and only if it sells well.

BostonDisneyKid
07-15-2009, 07:59 AM
Dean: We've had two major rounds of discussion on this issue over the years.
Indeed...

Dean: I don't think it's very feasible to tie it in as a regular part of DVC. However, they could spin it off with some type of interaction with DVC, say a non home, none system priority of 6 months out.

I do agree. I think it would need some type of seperate inventory, point structure and/or system as not to reduce the demand/value of the current DVC. Maybe even setup as a seperate corporation possibly, so it would be as if it were a "trade", as is with RCI with an additional cost to stay there ($95.00/7-14 days stays maybe?) in order to reduce demand from current dvc owners booking there for long periods of time; depending on the "trade value" established...

DVCGeek
07-15-2009, 08:37 AM
(Could that be part of the reason that DVC seems to currently be pushing BLT points at the expense of the other options?

Don't want to argue but BLT has the smallest incentives right now of the 4 active resorts last I checked; how is that "pushing" them? Did I miss something??? :confused3

tjkraz
07-15-2009, 09:17 AM
Don't want to argue but BLT has the smallest incentives right now of the 4 active resorts last I checked; how is that "pushing" them? Did I miss something??? :confused3

All of the recent sales presentations have focused on BLT. DVC is spending the entire month giving tours of the not-yet-opened tower to prospective members. Kidani is already open yet no such events were held there.

By all accounts, the webcasts and Boston regional event held last month were geared almost entirely toward BLT.

With the lower dues and longer contract, BLT should be commanding a higher price. I'm not really sure why DVC tried to sell AKV and BLT at identical prices for a few months.

DVCGeek
07-15-2009, 09:54 AM
All of the recent sales presentations have focused on BLT. DVC is spending the entire month giving tours of the not-yet-opened tower to prospective members. Kidani is already open yet no such events were held there.

By all accounts, the webcasts and Boston regional event held last month were geared almost entirely toward BLT.

With the lower dues and longer contract, BLT should be commanding a higher price. I'm not really sure why DVC tried to sell AKV and BLT at identical prices for a few months.

OK, I get it and now agree with your pushing comment 100%. I guess I look at things ONLY from a price perspective personally and forgot about marketing efforts entirely! Your part about "should be commanding a higher price" also definately rings true. Duh on my part...

paults
07-15-2009, 09:59 AM
the Swan and Dolphin they will rename it

THE BELLE AND THE GASTON

and the new theme will be (guess what)

BEAUTY AND THE BEAST

the BEAUTY will be redone for DVC while THE BEAST will be done in a 40% DVC and 60% resort.

DVCGeek
07-15-2009, 10:13 AM
Hadn't heard anyhting about Disney "taking back" Swan & Dolphin before... Are they on a fixed length lease of some kind where that is a real posability someday?

Maistre Gracey
07-15-2009, 12:19 PM
All of the recent sales presentations have focused on BLT. DVC is spending the entire month giving tours of the not-yet-opened tower to prospective members. Kidani is already open yet no such events were held there.

By all accounts, the webcasts and Boston regional event held last month were geared almost entirely toward BLT.

With the lower dues and longer contract, BLT should be commanding a higher price. I'm not really sure why DVC tried to sell AKV and BLT at identical prices for a few months.
Very true about the marketing being concentrated on BLT.
Conversely, I hear almost nothing about VGC. Even when we were at the preview center doing my add on, many DVC people seemed shocked that I was adding at VGC.

MG

BostonDisneyKid
07-15-2009, 02:00 PM
when disney takes back

the Swan and Dolphin they will rename it


I dont think they can "take them back" - Disney owns the land that the Swan and Dolphin are on but doesn’t own the hotels themselves. They are owned in a joint venture by the Tishman Hotel Corp. and MetLife and are operated on behalf of the two companies by the Starwood Corporation which is the company contracted to manage the Swan and Dolphin. Westin owns one of them and the other is under the Sheraton "Brand". Westin and Sheraton are not actual stand alone companies but branded divisions of Starwood.

The Swan/Dolphin are the result of an Isner deal gone bad and he tried to pull out of it long ago after signing the dotted line and was threatened with outrageous lawsuits to the tune of like 300 or 400 million or something like that. Today they'd be worth over a billion so I dont think you will see disney "take back" anything, not without paying out some BIG money which wouldnt be worth it to them; hence why they are there.

tjkraz
07-15-2009, 03:31 PM
I dont think they can "take them back" - Disney owns the land that the Swan and Dolphin are on but doesn’t own the hotels themselves. They are owned in a joint venture by the Tishman Hotel Corp. and MetLife and are operated on behalf of the two companies by the Starwood Corporation which is the company contracted to manage the Swan and Dolphin. Westin owns one of them and the other is under the Sheraton "Brand". Westin and Sheraton are not actual stand alone companies but branded divisions of Starwood.

The Swan/Dolphin are the result of an Isner deal gone bad and he tried to pull out of it long ago after signing the dotted line and was threatened with outrageous lawsuits to the tune of like 300 or 400 million or something like that. Today they'd be worth over a billion so I dont think you will see disney "take back" anything, not without paying out some BIG money which wouldnt be worth it to them; hence why they are there.

IIRC, the initial deal was reached before Eisner came on board. He tried to break the agreement but relented under the threat of a lawsuit. Disney did get some concessions from Tischman in the process.

The two hotels are covered under a 99 year lease so they won't be going back to Disney anytime soon. And really I don't see why they would be interested. If anything, Disney is expanding this sort of outsourcing in recent years. Similar agreements exist for Shades of Green, the Downtown Disney area hotels, many DTD shops and restaurants and even some theme park restaurants. These deals can be pretty lucrative for Disney as they provide a steady revenue stream while avoiding many of the day-to-day operational headaches.

dizfan
07-15-2009, 04:31 PM
I did some research on BLT since the last declaration filing date.

From June 18 through July 15 (3pm Central), there have been just under 1300 new contracts recorded at BLT. That's a lot of sales. Of the few recent contracts I looked at, they ranged form early June to late June.

As the rest of the web cast, end of previous member referral, Boston event, and BLT previews sales show up, this number is definitely going up.

They were hoping for 30% new sales just from the 6000 web cast participants. We were part of the first group, received the documents right away, and sent them back. Ours was just recorded, so I'd expect a whole lot more from those events to show up soon.

BostonDisneyKid
07-16-2009, 06:50 AM
IIRC, the initial deal was reached before Eisner came on board. He tried to break the agreement but relented under the threat of a lawsuit. Disney did get some concessions from Tischman in the process.
Thanks for the additional information and clarification.

The two hotels are covered under a 99 year lease so they won't be going back to Disney anytime soon. And really I don't see why they would be interested. If anything, Disney is expanding this sort of outsourcing in recent years. Similar agreements exist for Shades of Green, the Downtown Disney area hotels, many DTD shops and restaurants and even some theme park restaurants. These deals can be pretty lucrative for Disney as they provide a steady revenue stream while avoiding many of the day-to-day operational headaches.
Agreed - it seems as if this has become their "model" (for lack of a better word) in recent history which seems to be working as they are reducing their "risk" while still provding "reward".

tomandrobin
07-16-2009, 08:41 AM
IIRC, the initial deal was reached before Eisner came on board. He tried to break the agreement but relented under the threat of a lawsuit. Disney did get some concessions from Tischman in the process.

The two hotels are covered under a 99 year lease so they won't be going back to Disney anytime soon. And really I don't see why they would be interested. If anything, Disney is expanding this sort of outsourcing in recent years. Similar agreements exist for Shades of Green, the Downtown Disney area hotels, many DTD shops and restaurants and even some theme park restaurants. These deals can be pretty lucrative for Disney as they provide a steady revenue stream while avoiding many of the day-to-day operational headaches.

And lets not forget about the "other" shopping/dining district being developed....not much being owned by Disney there either.

BWV Dreamin
07-16-2009, 08:59 AM
And lets not forget about the "other" shopping/dining district being developed....not much being owned by Disney there either.
What is the other shopping/dining district? :confused3

tjkraz
07-16-2009, 09:04 AM
What is the other shopping/dining district? :confused3

It's called Flamingo Crossings. It's over on the western side of Disney's property. The plan seemed to be similar to the Crossroads area where Disney would own the land and lease it to hotel operators, restaurants and other everyday services. For all intents and purposes it would appear to be just another strip mall/development on the fringes of Disney property--but Disney would actually retain ownership of the property and earn a profit from it.

Disney announced the project about 18 months ago. It was supposed to be a good 3-5 years before anything began to come to fruition.

DVCGeek
07-16-2009, 09:26 AM
It's called Flamingo Crossings.

Interesting, don't recall ever hearing about this before. Would be very nice for DVCers in particular if there were a grocery store + free shuttle service there... Hey I can dream, right? :rotfl:

tomandrobin
07-16-2009, 09:32 AM
Interesting, don't recall ever hearing about this before. Would be very nice for DVCers in particular if there were a grocery store + free shuttle service there... Hey I can dream, right? :rotfl:

Here is a link from the Orlando Sentinel

http://blogs.orlandosentinel.com/business_tourism_aviation/2008/04/disney-worlds-f.html

BWV Dreamin
07-16-2009, 09:48 AM
Here is a link from the Orlando Sentinel

http://blogs.orlandosentinel.com/business_tourism_aviation/2008/04/disney-worlds-f.html
Great article! So what Disney resort would this proposed mall be closest too? AKV?

erionm
07-16-2009, 10:08 AM
Great article! So what Disney resort would this proposed mall be closest too? AKV?

AKV & Coronado Springs. Western Way is the next exit north on SR429 (Toll) from US192. Western Way ends right next to Coronado Springs.

tjkraz
07-16-2009, 11:50 AM
Interesting, don't recall ever hearing about this before. Would be very nice for DVCers in particular if there were a grocery store + free shuttle service there... Hey I can dream, right? :rotfl:

I think it's still a developing situation. If potential tenants demand access to Disney guests, anything is possible. But based upon what Disney has released thus far, I don't think they are trying to turn this into Downtown Disney 2. I think it's merely an attempt to leverage more of Disney's fringe property. The land is located outside of the "main gate" on that side of the resort. So even if Disney keeps the land and leases it to businesses (as opposed to selling outright), it will outwardly appear to be just another "offsite" shopping center.

BTW, I have to correct the timeline I posted previously. I went back and reviewed some of my info and Disney was actually projecting an 8-10 year development cycle. That was as of March 2008, so it could be quite some time before anything begins to materialize.