Even more DVC units at Eagle Creek?

[mgilmer]

I saw this article posted in another forum:

http://www.orlandosentinel.com/business/custom/tourism/orl-disney2808mar28,1,2272229.story

 

[dcamdad]

Highly doubtful since the land is under control of Four Seasons.

 

[mgilmer]

But this is a separate development from the Four Seasons. This is a housing, condo, and timeshare development by Disney itself -- not the Four Seasons development.

 

[tjkraz]

It's not a DVC project. Here's the thread from when it was announced over a year ago:

http://www.disboards.com/showthread.php?t=1374232

Fractionals are a different timeshare animal. They have a very small number of owners--often just four owners per unit. The developer will be seeking hundreds-of-thousands of dollars per owner to buy-in.

 

[Chuck S]

Since the parcel is being de-annexed from WDW/Disney property, and will be in "county" area, it is doubtful there will be a DVC development located there.

Disney would have the property de-annexed from both the Reedy Creek Improvement District -- the independent government district created in 1967 to provide countylike services to Disney World -- and from Lake Buena Vista and Bay Lake, the two cities created back then to provide city services to most of Disney World.

 

[tjkraz]

But this is a separate development from the Four Seasons. This is a housing, condo, and timeshare development by Disney itself -- not the Four Seasons development.

AFAIK, it's all part of the Four Seasons deal. From Four Seasons' website:

There’s no place like home, and a Four Seasons-style home may be the best luxury of all. Responding to the growing desire of affluent consumers to enjoy a service-rich residential lifestyle, Four Seasons launched a new extension of its brand in 1997. Today, Four Seasons Residential Properties provide full or fractional ownership of city and vacation homes in some of the most desirable locations around the world. Four Seasons Private Residences in San Francisco, Nevis – soon in Miami and Punta Mita – offer fully deeded hotel ownership of condominiums or resort homes, combined with the personalised service of a Four Seasons hotel.

Four Seasons Residence Clubs, a fractional ownership product, offer fully appointed vacation villas and a stress-free, maintenance-free alternative to vacation home ownership. This enables owners to bask in the services and amenities of Four Seasons – whether it’s in-villa dining, spa treatments, preferred tee times, or concierge services – while enjoying the spaciousness and comfort, more typical of a private home.

With the success of Four Seasons private residences as well as Residence Clubs in Aviara and Scottsdale, Four Seasons has demonstrated its ability to set a new service standard level in luxury residential ownership as it has for its hotels and resorts.


I'm sure Disney is involved in the design and construction of the facilities--they have the resources to do it and those functional alone will allow them to earn a tidy profit. But my understanding is that everything happening in the Eagle Pines area falls under the deal with Four Seasons.

 

[Chuck S]

As this really isn't a DVC specific subject, I am moving this thread to the Community Board.