Cotino and DVC

[HappyThoughtsTees]

Anyone think Cotino or the future Storybook living locations have the potential for a DVC section?

 

[erionm]

Anyone think Cotino or the future Storybook living locations have the potential for a DVC section?

No.

 

[Her Dotness]

Hardly think so.

These are multi-zillion $$ homes, not hotels.

Think Golden Oak-West.

 

[HappyThoughtsTees]

Hardly think so.

These are multi-zillion $$ homes, not hotels.

Think Golden Oak-West.

I thought so too at first, until I heard a podcast mention "condominiums" there, which sparked my curiosity.

 

[princesscinderella]

There’s a lot of city’s whose planning departments now make developers who are building large communities have mixed use. So they might not be able to build just mc mansions, they need to have a mixture of condos, townhomes, single family etc.

 

[lowlight]

Anyone think Cotino or the future Storybook living locations have the potential for a DVC section?

We aren’t the type of people they want living in their community, we’re poor folks.

 

[bwvBound]

I heard hotel ... so I'm thinking: Qualified DVC points may be able to book Cotino via BVTC? And maybe, sometime down the road, a block of rooms could be converted to DVC ... ?

If we can book using points, I'm likely to book a stay to sample and enjoy the amenities. I'm about 60 miles from the location ... just need the right weather for traversing the Palms to Pines Byway.

 

[Paul Stupin]

I heard hotel ... so I'm thinking: Qualified DVC points may be able to book Cotino via BVTC? And maybe, sometime down the road, a block of rooms could be converted to DVC ... ?

If we can book using points, I'm likely to book a stay to sample and enjoy the amenities. I'm about 60 miles from the location ... just need the right weather for traversing the Palms to Pines Byway.

I don’t think any of the new residences, whether condos or homes, will be a part of DVC. It’s a residential community. There will be a hotel there as well, but I don’t think it will be affiliated with Disney either.

 

[sethschroeder]

I hope not. If you want some place outside of WDW then the exchange should be the answer not building more less valuable stand alone vacation locations.

 

[Paul Stupin]

I hope not. If you want some place outside of WDW then the exchange should be the answer not building more less valuable stand alone vacation locations.

Cotino is not going to be a less valuable stand alone vacation location. Its a residential community that looks pretty amazing.

 

[sethschroeder]

Cotino is not going to be a less valuable stand alone vacation location. Its a residential community that looks pretty amazing.

That's fine but it is less valuable when you consider points from there could be used at WDW to take up the 7 month availability while it's not as likely many people would want to go stay there.

It's going to be in areas where you highly likely can find just as nice of resorts for less.

Now for living there that is a different proposition but we are talking about it as part of DVC (aka vacation)

 

[Paul Stupin]

That's fine but it is less valuable when you consider points from there could be used at WDW to take up the 7 month availability while it's not as likely many people would want to go stay there.

It's going to be in areas where you highly likely can find just as nice of resorts for less.

Now for living there that is a different proposition but we are talking about it as part of DVC (aka vacation)

I think you're comparing apples and oranges. Again, its a residential community, not a DVC resort. There will be no points from there.

 

[sethschroeder]

I think you're comparing apples and oranges. Again, its a residential community, not a DVC resort. There will be no points from there.

Which is fine but this is a DVC sub of this forum talking about a resort there.

I am saying there shouldn't be new DVC resorts away from Disney Parks.

 

[RoseGold]

I thought so too at first, until I heard a podcast mention "condominiums" there, which sparked my curiosity.

I think a lot of the Celebration homes are apartments, sorry, condominiums.

 

[DonMacGregor]

The StoryLiving model appears to be pretty straightforward: large, publicly traded residential builders like Centex, Pulte, DR Horton, Shea, and KB Home will be developing the properties with Disney functioning as a design consultant and operator of the common area facilities. Disney doesn't have a capital stake in the development, just a management and design consultant presence.

For the Rancho Mirage project, it's going to be built by DMB Development out of Scottsdale. DMB is currently developing a 15,000 home project west of Palm Springs in Hesperia, CA (a $7B capital investment) and is also well-known in the Phoenix market for ultra high-end projects. As an example, one project, Silverleaf, in Scottsdale, has homes ranging in price from a low end of $3M up to nearly $30M. Not saying that Cotino will be that high, but compared to many of the projects DMB has been involved in, Golden Oaks looks like rent-controlled housing by comparison.

Building a handful of over-priced CMU block homes in a Florida swamp that just happen to be on Disney property is a far cry from a full-scale, multi-thousand acre residential mixed-use development. Disney is leaving StoryLiving to the big boy developers, which is smart: it's not their core business, even on their non theme park development side. They are staying in their own lane and will make their money on the services side.

 

[BamaGuy44]

Disney is leaving StoryLiving to the big boy developers, which is smart: it's not their core business, even on their non theme park development side. They are staying in their own lane and will make their money on the services side.

Agreed I think it's a brilliant strategy. Let the builders do what they do best, and Disney does what they do best. From my non-expert viewpoint it seems like win-win. Disney gets to offload a lot of the risk, and the builder gets to slap the Disney name on their new neighborhoods.

Hardcore Disney fans will hate it and predict its failure as always, because nobody hates Disney like hardcore Disney fans

 

[Paul Stupin]

The StoryLiving model appears to be pretty straightforward: large, publicly traded residential builders like Centex, Pulte, DR Horton, Shea, and KB Home will be developing the properties with Disney functioning as a design consultant and operator of the common area facilities. Disney doesn't have a capital stake in the development, just a management and design consultant presence.

For the Rancho Mirage project, it's going to be built by DMB Development out of Scottsdale. DMB is currently developing a 15,000 home project west of Palm Springs in Hesperia, CA (a $7B capital investment) and is also well-known in the Phoenix market for ultra high-end projects. As an example, one project, Silverleaf, in Scottsdale, has homes ranging in price from a low end of $3M up to nearly $30M. Not saying that Cotino will be that high, but compared to many of the projects DMB has been involved in, Golden Oaks looks like rent-controlled housing by comparison.

Building a handful of over-priced CMU block homes in a Florida swamp that just happen to be on Disney property is a far cry from a full-scale, multi-thousand acre residential mixed-use development. Disney is leaving StoryLiving to the big boy developers, which is smart: it's not their core business, even on their non theme park development side. They are staying in their own lane and will make their money on the services side.

Thanks Don…this is quite interesting! Will be fun to watch this project take shape. Depending on the price, of course, would consider buying a condo down there as a fun getaway.

 

[Paul Stupin]

Which is fine but this is a DVC sub of this forum talking about a resort there.

I am saying there shouldn't be new DVC resorts away from Disney Parks.

I disagree with you. I love Aulani!