OK, with all the appropriate disclaimers, I have some interesting info on the new Contemporary Resort building. Now, please understand, I simply don't know when or what will be announced. I don't know the final decision. But, what I do have is some insight into discussions that have occurred. Very interesting stuff. No, I won't discuss how I got this info, so don't bother asking. Remember, the accuracy of this information is guaranteed to be equivalent to the amount you paid to receive it
OK, here goes.
DVC and the Resorts divisions have been in discussions for a long time about building a DVC at the contemporary. Discussions first began just after 911. Business was down and the resort was having difficulty filling the rooms. To top it off the resort was in desperate need for renovations. DVC at the north and the south wings seemed like the right solution. Well, during the planning phase the resorts popularity picks up. As a stop-gap measure resorts renovates the south wing. Good news for resorts. Popularity now really picks up...so they decide to renovate the north wing and keep it (mirror the south wing). Too late. DVC has committed funding for the north wing. Now the fight begins. OK, so the top guys agree to go ahead and build the new wing and negotiate how much is CR and how much is DVC. At one point CR was agreeing to let it be 100% DVC BUT the resorts division would purchase 100% of the points! Think of what this would mean. They would be able to book the building without competition during the 8 through 11th month. Most conventions are planned at least one year in advance, so that means they have access to the new building without worrying about competing with other members. At the 7 month window those rooms remaining would be made available to other guests, which pretty much guarantees the facility being booked out year round. A real win-win for Disney. Now, to top it off, if the resort popularity drops, resorts has the option to sell down points. Now looking like a win-win-win proposition.
Alright, that is all the info I have. Like I said, I have no idea on the final decision. I was told that the decision has been made. Those who really know the answer aren't talking, and those who are talking don't know the answer.

DVC and the Resorts divisions have been in discussions for a long time about building a DVC at the contemporary. Discussions first began just after 911. Business was down and the resort was having difficulty filling the rooms. To top it off the resort was in desperate need for renovations. DVC at the north and the south wings seemed like the right solution. Well, during the planning phase the resorts popularity picks up. As a stop-gap measure resorts renovates the south wing. Good news for resorts. Popularity now really picks up...so they decide to renovate the north wing and keep it (mirror the south wing). Too late. DVC has committed funding for the north wing. Now the fight begins. OK, so the top guys agree to go ahead and build the new wing and negotiate how much is CR and how much is DVC. At one point CR was agreeing to let it be 100% DVC BUT the resorts division would purchase 100% of the points! Think of what this would mean. They would be able to book the building without competition during the 8 through 11th month. Most conventions are planned at least one year in advance, so that means they have access to the new building without worrying about competing with other members. At the 7 month window those rooms remaining would be made available to other guests, which pretty much guarantees the facility being booked out year round. A real win-win for Disney. Now, to top it off, if the resort popularity drops, resorts has the option to sell down points. Now looking like a win-win-win proposition.
Alright, that is all the info I have. Like I said, I have no idea on the final decision. I was told that the decision has been made. Those who really know the answer aren't talking, and those who are talking don't know the answer.