Yes, but bear in mind that it’ll be much faster to walk. The monorail loop goes in the opposite direction. The first stop from the Contemporary is the TTC, then the Poly, then the Grand, then MK.
The construction only related to the stop at the Polynesian. The rest of the monorail loop around the lake was not impacted and has continued to operate. We preferred to walk to MK, but take the monorail when returning to the Contemporary as it was the next stop.