JimC
DVC Co-Moderator
- Joined
- Dec 12, 2002
- Messages
- 6,266
Due to California Realestate laws this could never happen. The true buyer must be revealed before a transaction can go forward. .
Where is the fun in that? Should have known that CA would have a law like that on the books. Thanks Dwelty.
This would explaine why they are in talks with Garden Walk to build 2 new hotels there (According to the LA Times).
I heard that they would license the use of Disney brand and possibly operate the resorts; but would not own the land or pay for the construction. Have you heard anything about this? This is an interesting possibility for other expansion without as much capital outlay.
Makes me wonder if they would ever create a slightly different program for DVC off property where they deed the points in perpetuity. The RTU might be critical inside the RCID, but who would care in Hawaii or elsewhere?
They do have enough land right now to build 2 more good sized resorts behind paradise Pier, and almost double the capacity of the parking structure building on the Pinicchio lot, freeing up even more parking lot space. I think the only likely place that they would buy up more property would be around the "Third Gate" land for eventual expansion. Since California relestate over the long haul is a good investment, they may be willing to do this even if they will mot build there for 10 or more years.
Certainly can afford it and it would be a smart acquisition. How I would love to see the master plan schematics they have locked up somewhere for both Anaheim and RCID.