BLT Summary Factoid

[RobDoc]

BLT Summary Factoid

Bay Lake Tower at Disney's Contemporary Resort

Opening August 4, 2009. Reservations accepted from BLT owners beginning on February 8, 2009 and from other DVC Members beginning on February 22, 2009.

There will be 133 2Br Lockoffs, 148 Dedicated 2BR villas and 14 GVs for a maximum of 428 villas.

Studios- 339 sq. ft.
1BR villas - 803 sq. ft.
2BR villas - 1152 sq. ft.
Grand Villas - 2044 sq.ft. (2 floors)

Standard View - 11%
Lake View - 69%
Magic Kingdom View - 20%

2009 Annual Fees - $3.67 (includes Developer Subsidy)

Sales Begin to DVC Members on 9/21/08 and for general Sales on 10/05/08.
Price is $112 per point with $5 incentive discount for purchase over 100 points.
New purchases have a minimum of 160 points.

The first 1000 to purchase 160 or more points will have their names engraved on the Tempo Fountain feature.
Financing is available at 10.75% for up to 10 years with a 10% minimum down payment (the $5 incentive may be applied to the downpayment).
Special financing available at 4.9% financing for one year with 50% down.

Amenities include:

Bay Cove Pool - This area will feature a zero-entry pool with waterslide, separate whirlpool spa, The Cove Bar, and an interactive children's waterplay area - all overlooking pristine Bay Lake.

Sky Way Bridge to Disney's Contemporary Resort - Stroll through this elevated, covered walkway directly to the nearby monorail, resort shops, and dining options including Chef Mickey's, The Wave, and California Grill.

Top of the World Lounge - Gather the family together on the rooftop for an incredible view of the Magic Kingdom Park below, perfect for viewing the castle fireworks. Availability is limited. Reportedly allowing space for 70.
There will also be an observation area for viewing MK and fireworks. Reportedly allowing for 300 guests.
The Top of the World Lounge and observation area are NOT part of the time-share plan. Limited access is based upon availability and may be terminated.

BLT Point Chart:

..........................................SV/LV/MK...SV/LV/MK.SV/LV/MK.LV/MK (SV=Standard View LV=Lake View MK=Magic Kingdom View)

Adventure Season...Sun-Thurs 12/15/17....24/27/32....32/36/44....73/88
.............................Fri-Sat......21/23/27....41/44/55....55/59/70....127/154

Choice Season........Sun-Thurs 12/15/18....26/28/35....33/37/46....79/93
..............................Fri-Sat.....22/24/28....43/49/56....59/64/74.....128/158

Dream Season........Sun-Thurs 14/17/20....30/34/41....37/42/50.....88/107
..............................Fri-Sat.....26/27/33....50/53/64....66/70/86.....152/182

Magic Season.........Sun-Thurs 17/19/22....32/36/44....41/46/56....104/127
.............................Fri-Sat......26/28/36....55/59/70....73/79/94.....181/215

Premier Season......Sun-Thurs 21/24/29....43/46/56....55/61/73....126/153
............................Fri-Sat......38/40/48....68/79/94....93/102/125..218/261

 

[liznboys]

Thanks!

 

[DVC Mike]

Nice summary!

 

[Blahnde]

The only thing I would add is that those who are BLT owners (founding or otherwise!) as of March 1st will be able to start booking reservations on that day. They will have the exclusive right to book up to 11 months out from March 1st - 15th, at which point non-BLT owners will be allowed to book the normal 7 month window. This gives BLT owners a two week, "first dibs" on the opening months and coveted holiday season. Without this non-owners would have had equal ability to book September since it is within the 7 month window.

Blahnde

 

[RobDoc]

Thanks for that information, it has been added!

 

[KAT4DISNEY]

2009 Annual Fees - $3.69 (includes Developer Subsidy)

Would the consensus be that it is very likely that there will be a larger than avg. increase in the dues after the first year? I'm just not certain what is meant by the developer subsidy. Or by having a stated developer subsidy would that remove the yearly cap if DVC discovered that dues had been established too low per point?

I haven't been involved for another resort opening and am not certain what has occured in the past.

 

[moredisneyplease]

thanks for the summary!

 

[Happy Birthday Cat]

Top of the World Lounge.....and observation area are NOT part of the time-share plan. Limited access is based upon availability and may be terminated.

Thanks for the summary Doc. The Lounge sounds a lot like the "Attic" at the BWV. Don't get too used to it BLT owners. But it sounds really nice.

HBC

 

[RobDoc]

Would the consensus be that it is very likely that there will be a larger than avg. increase in the dues after the first year? I'm just not certain what is meant by the developer subsidy. Or by having a stated developer subsidy would that remove the yearly cap if DVC discovered that dues had been established too low per point?

I haven't been involved for another resort opening and am not certain what has occured in the past.

The developer subsidy for 2009 is only $0.05, so you can take that how you wish. Because of the higher point charts, the "cost" of the villas is already higher than at other resorts. I do not expect any larger-than-usual annual fee increases for BLT for that reason. Each resort has had a subsidy when it opened and some have even had subsidies later in their existence.

 

[KAT4DISNEY]

The developer subsidy for 2009 is only $0.05, so you can take that how you wish. Because of the higher point charts, the "cost" of the villas is already higher than at other resorts. I do not expect any larger-than-usual annual fee increases for BLT for that reason. Each resort has had a subsidy when it opened and some have even had subsidies later in their existence.

Thanks for the additional info. I just didn't know if the subsidy was more like 10%-15% rather than the 1.4%.

 

[MiaSRN62]

Thanks for taking the time to compile all this info Doc

 

[Pocahantas]

Thanks for the info! I will be calling on March 15 in hopes of getting 1 night in a studio on September 24th after our DCL cruise as a 40th Bday gift to myself! I know my chances are slim but its worth a shot - I might get lucky!!!

 

[MrsBlovesDisney]

Thanks!!

 

[Dee77]

I have read that at the hotel there will be in room babysitting, does anyone have any more detailed info about this?

Also- The original post states that the first 1000 owners who buy 160 points or more are considered the founding members who get the tile. From what I have read since this thread was initiated, it was stated that only members who did an add-on contract were considered founding members. What is the actual criteria for getting the tile? Just curious...

Thanks!!