15 years ago, Bay Lake Tower was nearly complete before Disney acknowledged it was a
DVC. So who knows?
That said, Reflections doesn't seem like a threat to Island Tower sales. And if they plan to bundle it with the FTW cabins, seems like it would only help boost sales there. (e.g. "buy into the cabins now at 2024 prices and get 11 month access to reflections when it opens!") Though DVC would be obligated to call it a "proposed" addition to the FWC trust, and could not 100% guarantee until progress is much further along.