The castle is visible from only some of the upper floors over the roof of the other side of the hotel ... One of the things that I love about WL is that you cannot see the other hotels and MK easily from the Lodge. You really feel like you are in another world.
So please don't get your hopes up for a view like you would have from GF, Cont, or the Poly. I still love the view from the courtyard.
As far as I know the only "construction" has been the painting that has been going on and I expect that they are nearly finished.