When you get your Vacation Magic (or look at the online version), there is an ariel shot of BCV construction. You can see how close the building is to EPCOT resorts Blvd (pretty close) as well as how close the parking lot is to the structure.
It does look like the canal is dammed. Or maybe they diverted it underground??????
Not much room for a quiet pool.
With regard to bus traffic, that could potentially be a problem, but I don't think it could be any worse than OKW. When we were at OKW in May, we heard lots of bus noise. But to be honest, it really didn't bother me too much. I really didn't notice it. Of course, being a Pediatrician helps. I have to block out background noise all day long!!!!!