Just to add to what Chuck S wrote...
The Bonnet Creek Resort is right next to the Caribbean Beach Resort. As Chuck S noted, the construction is a non-Disney timeshare resort. But that's just the first project of what will be a much larger development.
For decades, the 482-acre site (which Walt Disney was unable to buy) has been owned by an mystery investor. A few years ago, the investor finally brought in a developer, Orlando-based Brooksville Development Corp. Brooksville brought in architect Guy Butler, who developed a master plan with four high-end hotels, a timeshare resort, and an 18-hole golf course
So far, Brooksville Development has not had any luck attracting hotels, despite the great location.
But Brooksville did sign a timeshare developer. Fairfield Resorts is building a 700-unit timeshare resort on 46 acres (less than 10% of the Bonnet Creek Resort complex). The timeshare resort is being built around a lake, right next to the CBR. By the way, Fairfield Resorts is a subsidiary of Cendant Corporation, and is not related to Marriott's Fairfield Inns and Suites.
In short, the hotels and timeshare at Bonnet Creek Resort will be the most "on-site" of the off-site resorts.