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Walt Disney World unveiled plans Thursday to develop 1,350 acres of its vast property, including a massive luxury resort in a partnership with Four Seasons Hotels and Resorts. Disney also plans to build up to 5,000 value-priced hotel rooms on 450 acres around the first formal western gateway to the park, built to serve new highway access there.
Read more from The St. Petersburg Times.
-4,000 - 5,000 low- to mid-rise valued-priced lodging units
-300,000 - 500,000 square feet of commercial space, including restaurants, shopping and small-scale entertainment"
Wow! Even Disney sees value in developing property for 'mixed-use' purposes. They just don't have to sell off any of their parks to make it happen.
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