Posted Friday, March 2, 2007 11:11 AM | Contributed by Jeff
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.
Friday, March 2, 2007 7:25 PM
Friday, March 2, 2007 7:45 PM
I thought I had heard that they were starting work on the other half of the pop century resort? I am not sure why they are going to add a value priced hotel, if there going to continue work on pop.
Friday, March 2, 2007 8:56 PM
^Because they're making a butt-load of money off their value packages.
Saturday, March 3, 2007 12:30 PM
Here are some more pictures and info on the project.
"On the western edge of the resort, Disney is planning a mixed-use retail, dining and lodging district just outside Walt Disney World Resort’s western entrance. Early development plans include:
Saturday, March 3, 2007 4:41 PM
-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.
Saturday, March 3, 2007 10:01 PM
As I understand it, the Western Beltway site is expected to be an even better 'value' than the current "Value" resorts, as well as a more direct competitor to the off-property tourist-trap flea markets and the mid-range timeshare units---Cypress Pointe, Silver Lake, etc. The Four Seasons property, on the other hand, is expected to be even more 'deluxe' than the current "Deluxes".