TOWL Declared for BLT Owners

Discussion in 'DVC-Mousecellaneous' started by dancnorris, Aug 18, 2011.

  1. dancnorris

    dancnorris Earning My Ears

    Joined:
    May 9, 2011
    Messages:
    37
    According to DVCNews, DVC has now declared 100% of the BLT inventory for use by owners, and it has also declared the TOWL as part of the BLT leasehold. This should mean that BLT owners will permanently retain use of the TOWL, which is somewhat unexpected and good news. According to DVCNews:

    "By declaring these commercial phases for the DVC inventory, DVD is formally submitting them as part of the Bay Lake Tower leasehold condominium that belongs to the DVC membership. The space being occupied by Cove Bar and the Top of the World Lounge are now considered part of the common areas belonging to all Bay Lake Tower owners."

    http://www.dvcnews.com/index.php/resorts/bay-lake-tower/news/1681-100-of-blt-declared-including-top-fo-the-world-lounge
     
  2. DHar

    DHar Mouseketeer

    Joined:
    Apr 11, 2004
    Messages:
    215
    does this mean BLT is sold out?
     
  3. fitzpa

    fitzpa Mouseketeer DVC Gold

    Joined:
    Jul 15, 2005
    Messages:
    142
    Glad we own there!
     
  4. Avatar

    DIS Sponsor Disney Vacation Club Resales dvc-resales.com


    to hide this advert.
  5. dancnorris

    dancnorris Earning My Ears

    Joined:
    May 9, 2011
    Messages:
    37
    No. At last count I think they have sold 90.6% of the points. This means that all units are now available for booking by the DVC members, including the units that were previously used for the sales center at BLT.
     
  6. Maistre Gracey

    Maistre Gracey DIS Veteran

    Joined:
    Apr 23, 2002
    Messages:
    8,273
    Just curious... Does it say anything about guaranteed staffing, with a full bar and munchies??
    Declaring the property is one thing, but the services are another.
    I really hope it does..

    MG
     
  7. RachaelA

    RachaelA DIS Veteran

    Joined:
    Dec 9, 2007
    Messages:
    5,718
    Ooooh! Good to know!
     
  8. JWG

    JWG DIS Veteran

    Joined:
    Oct 14, 2004
    Messages:
    1,840
    Awesome news about TOTWL. Was definitely assuming this would go to private events. Look forward to checking it out in October.

    Now, will our wait list come through with this last declaration? ;)
     
  9. Alice-in-wonder

    Alice-in-wonder DIS Veteran

    Joined:
    Feb 29, 2008
    Messages:
    503
  10. wdrl

    wdrl DIS Veteran

    Joined:
    May 15, 2009
    Messages:
    3,286
    "By declaring these commercial phases for the DVC inventory, DVD is formally submitting them as part of the Bay Lake Tower leasehold condominium that belongs to the DVC membership. The space being occupied by Cove Bar and the Top of the World Lounge are now considered part of the common areas belonging to all Bay Lake Tower owners."

    The operative word is "space." DVD has declared the space occupied by the Top of the World Lounge and the Cove Bar as common elements for the BLT condominium. There is nothing that requires Disney to continue operating these spaces as a lounge and pool bar.
     
  11. DenLo

    DenLo DIS Veteran

    Joined:
    Jun 3, 2009
    Messages:
    6,425
    No, it doesn't. In fact we don't know what it means. It's labeled as a commercial unit. What does that mean for us? I don't know.
     
  12. Sammie

    Sammie DIS Veteran

    Joined:
    Aug 20, 1999
    Messages:
    21,344
    I hope it remains part of DVC but wasn't the attic at BWV the same situation and then later removed from DVC member use.
     
  13. supersuperwendy

    supersuperwendy any happy little thought?

    Joined:
    Aug 6, 2006
    Messages:
    5,480
    Will that mean those of us who don't own there but are staying there on points won't be able to go up there anymore?
     
  14. dancnorris

    dancnorris Earning My Ears

    Joined:
    May 9, 2011
    Messages:
    37
    While the space is all that is gauranteed and not the operation of the lounge, I think the worst case scenario is that the BLT owners are charged to operate the lounge through their dues. Still, I think the incremental cost per member in dues to operate the TOWL would be insignificant. I would much rather pay slightly higher dues than not have access to TOWL at all. Prior to this declaration, Disney could have excluded members once BLT sold out and used TOWL for private parties. That would seriously impair the quality of staying at BLT. Given the alternative, I still think this is good news.
     
  15. castleri

    castleri DIS Veteran

    Joined:
    Jul 29, 2000
    Messages:
    4,054
    I wouldn't think so - I take it to mean it is officially part of BLT DVC and not owned by the developer or Walt Disney World. It would not be a good move to limit to only BLT owners as it is apparently underused at present already even with people who own other resorts staying there.










    v
     
  16. hakepb

    hakepb DIS Veteran

    Joined:
    Apr 19, 2008
    Messages:
    6,039
    I think this is good news.

    The cynic in me wonders why did they wait until now? Is this is a token due to something Jim left behind (ie BLT's capital fund too small?).
     
  17. BBG-BLT

    BBG-BLT Bunch of Booth-Genthe's

    Joined:
    Jan 12, 2009
    Messages:
    688
    This is great news - we wn at BLT and I'd like to see it actually opened to all DVC members (Members - not just staying on points) so it gets more of a party atmosphere :thumbsup2
     
  18. wdrl

    wdrl DIS Veteran

    Joined:
    May 15, 2009
    Messages:
    3,286
    I'll need to check my references in the BLT Master Declaration, but I believe that the BLT owners are not charged with the operation of the commercial units. As owners, we don't pay to maintain a restaurant, nor do we share in the restaurant/bar profits or losses. The TOWL and the Cove Bar are just like the Turf Club at SSR or Sanaa at Kidani Village: they are separate entities that are operated by Disney separate from the DVC. It might be that Disney pays a fee to the DVC resort to rent the space, but I'm not sure about that.
     
  19. jdubs808

    jdubs808 Mouseketeer

    Joined:
    Apr 4, 2011
    Messages:
    78
    Great news! I'm looking forward to visiting the TOWL when we visit next June! :cool1:
     
  20. disneynutz

    disneynutz DIS Veteran DIS Lifetime Sponsor

    Joined:
    Dec 11, 2006
    Messages:
    23,579
    I think that it's a bit premature to get excited about the TOWL until we get a clarification on what this means to the BLT owners. Why did Disney add the commercial space to the leasehold? Will the Bar and Viewing Deck stay open? What are the costs and how much will BLT owners have to pay?

    :earsboy: Bill
     
  21. dvcblt93

    dvcblt93 Mouseketeer

    Joined:
    Feb 1, 2010
    Messages:
    135
    Not really. The attic never produced revenue, they just put out free punch and cookies. TOWL is a revenue producing unit, so it's a whole different ballgame. Someone is making a profit, not sure if its WDW or DVC. :confused3
     

Share This Page