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Tuesday, January 15, 2019

Disney World Continues Its Building Boon


News
DisneyBizJournal.com
October 20, 2018

The building boon at Walt Disney World marches forward.

On October 18, The Walt Disney Company announced plans for a new nature-inspired, mixed-use resort, which will be located on the Bay Lake shoreline between Disney’s Wilderness Lodge and Disney’s Fort Wilderness Resort & Campground. It will be a deluxe resort with more than 900 hotel rooms and Vacation Club villas. The targeted opening date is 2022.

That brings the Walt Disney World tally up to more than 1,700 hotel rooms and Vacation Club villas being added.

In 2019, the Coronado Springs resort is adding 545 hotel rooms and suites in its new 15-story tower. (See a DisneyBizNews update here.)

The Disney Riviera Resort – an all-Disney Vacation Club property – will feature some 300 units, and is set to also open in 2019. Disney notes that “this much-anticipated property will connect to Disney's Hollywood Studios and the International Gateway at Epcot via the Disney Skyliner.”

And of course, a resort connected and immersed in the new Stars Wars: Galaxy’s Edge park at Disney’s Hollywood Studios is on its way in late 2019 as well.

George A. Kalogridis, president of Walt Disney World Resort, said, “Walt Disney World is in the midst of our most significant expansion in the last two decades and the combined 1,700 new hotel rooms and proposed Disney Vacation Club villas we are building at four different resorts will create thousands of new construction and permanent jobs and will drive economic opportunity and incremental revenue for Central Florida. We continue to add new attractions, new lands — and these beautiful accommodations will be right in the heart of all that magic.”

Now, that’s a building boon.

Ray Keating is the editor, publisher and economist for DisneyBizJournal.com, and author of the Pastor Stephen Grant novels, with the two latest books being Reagan Country: A Pastor Stephen Grant Novel and Heroes and Villains: A Pastor Stephen Grant Short Story. He can be contacted at raykeating@keatingreports.com.

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