DVC at Contemporary

[Chester's Mum]

if they are building DVC, it might make sense to hold off an announcement as there are two other on-property resorts Disney is trying to sell.

Good point...watching and waiting. I'm dying to add on, but don't want to be cash short if CRV becomes a reality. Saving like crazy!

 

[DisneyRN51207]

If in fact there is a CRV tower going up, when do you think it will open in relation to the Hawaii Villas? The pics look like they're getting busy on it, we'll be down in December and will be nosy. We heard the rumors from our Boat captain as well as several other CMs. When we approached our DVC Guide about it, he denied it stating that he's been in central FL for a long time and always sees construction that starts and goes nowhere. I certainly feel an add-on if CRV happens.

 

[Rjoline]

I would estimate mid 2009. Because of the nature of the project I wouldn't expect it to open until it was complete. I'm sure someone has posted the link, but the premit documents clearly state that this is a DVC expansion and it has a nice preliminary site plan.

 

[spiceycat]

late 2009 or early 2010.

can't wait!!!

the annoucement is surpose to be next May, 2008.

so a long time until the annoucement.

don't think sales will begin until 2009.

 

[Josh125]

I'm sure someone has posted the link, but the premit documents clearly state that this is a DVC expansion and it has a nice preliminary site plan.

Just in case no one has infact posted it, page 12 of 72 clearly states it is a DVC venture.

http://www.bigfloridacountry.com/contemporarydvcpermits.pdf

 

[spiceycat]

Just in case no one has infact posted it, page 12 of 72 clearly states it is a DVC venture.

http://www.bigfloridacountry.com/contemporarydvcpermits.pdf

so no guaranteeds - Disney - especially with DVC has been know to change their minds.

Ca, France, Ny - anyone remember these.

 

[DisneyRN51207]

Just in case no one has infact posted it, page 12 of 72 clearly states it is a DVC venture.

http://www.bigfloridacountry.com/contemporarydvcpermits.pdf

Love to see it! We'll take pictures in December.

 

[KyleRayner]

subscribing

 

[canwegosoon]

late 2009 or early 2010.

can't wait!!!

the annoucement is surpose to be next May, 2008.

so a long time until the annoucement.

don't think sales will begin until 2009.

All I can say is ...HAVE the CHECK BOOK READY!!!! I don't mean to yell(I'm excited ), but these are gonna fly faster than anything ever seen(IMO DVC might have been waiting this long to basically have them presold prior to offical sales). This would create such working capital for other projects. I am putting away a little at a time in a seperate DVC account, I am thinking we have 12 -18months max. (I am hoping to finalize enough points to have my retirement residence in place-)

 

[groverdog]

All I can say is ...HAVE the CHECK BOOK READY!!!! I don't mean to yell(I'm excited ), but these are gonna fly faster than anything ever seen(IMO DVC might have been waiting this long to basically have them presold prior to offical sales). This would create such working capital for other projects. I am putting away a little at a time in a seperate DVC account, I am thinking we have 12 -18months max. (I am hoping to finalize enough points to have my retirement residence in place-)

Retirement residence, now that's a plan!

 

[mlill]

All I can say is ...HAVE the CHECK BOOK READY!!!! I don't mean to yell(I'm excited ), but these are gonna fly faster than anything ever seen(IMO DVC might have been waiting this long to basically have them presold prior to offical sales). This would create such working capital for other projects. I am putting away a little at a time in a seperate DVC account, I am thinking we have 12 -18months max. (I am hoping to finalize enough points to have my retirement residence in place-)

I'll have my Disney Visa ready! I might as well get some extra Rewards points while I'm at it! THEN I'll get the check book out to pay off the Visa!

I can't wait!!!

-Michelle

 

[keishashadow]

does it count as a cash purchase or "goods" on Disney Visa?

not that it matters if you pay it off

wonder if you can pay cash for a portion & put the rest on the card.

 

[spiceycat]

wondering if you can split the bill between cash & Disney Visa card?

definitely!

boy I wish Disney would say. Even if the answer is no. the thing is suites. going crazy waiting - don't know if I can make it until next May...

 

[mlill]

does it count as a cash purchase or "goods" on Disney Visa?

not that it matters if you pay it off

wonder if you can pay cash for a portion & put the rest on the card.

Actually, I'm not really sure. I think it would be a goods purchase - like buying stuff at Wal-Mart. I was going to look into it if/when CRV is announced. I bet if we ask over in the AKV thread, someone will know. I remember the Disney Visa question being discussed, but I didn't really pay attention to the answer.

I wonder if there is a limit to what you can put on the card? I know that there is something with 6 months/no finance charges. So many things to figure out! It's all very exciting!

We just got back from a quick trip for MNSSHP & Food & Wine Fest, and we stayed in the Contemporary Tower. It was wonderful. We are completely agreed on buying CRV if/when it happens.

 

[tjkraz]

Just in case no one has infact posted it, page 12 of 72 clearly states it is a DVC venture.

http://www.bigfloridacountry.com/contemporarydvcpermits.pdf

Old news.

What's worth noting from that document, though, is that most of the pages which mention DVC were written in early-to-mid 2006 while other pages that mention "Comtemporary Suites" are dated near the end of '06. The history of this project is peppered with internal debates as to whether it would be DVC, non-DVC or shared. How those discussions will ultimately play-out remains to be seen.

 

[tjkraz]

All I can say is ...HAVE the CHECK BOOK READY!!!! I don't mean to yell(I'm excited ), but these are gonna fly faster than anything ever seen(IMO DVC might have been waiting this long to basically have them presold prior to offical sales). This would create such working capital for other projects. I am putting away a little at a time in a seperate DVC account, I am thinking we have 12 -18months max. (I am hoping to finalize enough points to have my retirement residence in place-)

That dependes entirely on a number of unknown factors including the size, point structure, cost and dues, not to mention the other properties being sold at the same time.

If the CRV is 50 units with dues of $4.50 per point and its only competition is AKV, then yeah, it will sell out in a matter of months.

However, if it's 300+ units, $120+ per point, dues of $5+, nightly points 20% higher than BWV/BCV and DVC is also selling AKV, Hawaii and Disneyland points at the same time, CR could easily take 2-3 years to sell.

Another important factor will be whether contract extensions are offered at the other older resorts. For instance, if there are no extensions for VWL, BCV or BWV, we may see people selling their interest at those resorts to buy CR for the 50 years. But if extensions materialize, many will be content to simply extend and keep what they have now.

 

[tor]

Another important factor will be whether contract extensions are offered at the other older resorts. For instance, if there are no extensions for VWL, BCV or BWV, we may see people selling their interest at those resorts to buy CR for the 50 years. But if extensions materialize, many will be content to simply extend and keep what they have now.

I would be an extender at the BWV rather than CR as the monorail is not that important to me almost annoying with the occasional musty smell and the stops at the other resorts that get longer and longer and I think the grounds at the CR are uninviting. Also I would buy at Hawaii for the home advantage for Christmas and easter which would be the only times I could go for the extended time it would need.

 

[canwegosoon]

That dependes entirely on a number of unknown factors including the size, point structure, cost and dues, not to mention the other properties being sold at the same time.

If the CRV is 50 units with dues of $4.50 per point and its only competition is AKV, then yeah, it will sell out in a matter of months.

However, if it's 300+ units, $120+ per point, dues of $5+, nightly points 20% higher than BWV/BCV and DVC is also selling AKV, Hawaii and Disneyland points at the same time, CR could easily take 2-3 years to sell.

Another important factor will be whether contract extensions are offered at the other older resorts. For instance, if there are no extensions for VWL, BCV or BWV, we may see people selling their interest at those resorts to buy CR for the 50 years. But if extensions materialize, many will be content to simply extend and keep what they have now.

True...but I am betting many new to DVC famlies that came in with SSR and AKV(DVC pool is getting deeper) will also start to contemplate the huge advantage of having 11 month window at a monorail resort. And myself who is on the rearend of the boomer generation can see the value of being on a monorail for mobility issues or grandchildren(but I am at least 15 years away from grandkids).
Now I agree-size, price, and point values will shape the market...but since the boomer generation has the largest spending capability, I think the odds are in favor of a fast turnover.
And if CR does not appeal to some...that's ok with me too.

 

[DisneyRN51207]

DH called our guide today. Asked about CR and she asked if he would like to be added to the "Unofficial" list to notify if CR would be official. Thought that was odd since the guides usually say that they don't know anything about CR. Unless it's some type of reverse psychology. Also discussed Hawaii with him as well.

 

[Olaf]

When we joined, DS was in Kindergarten, and absolutely loved the Magic Kingdom. He's now a teenager (how did that happen) and more into the rides at MGM and Epcot. At this stage, a MK resort doesn't hold the appeal for us that it once did.