Contemporary Resort addition project moves along

This morning’s Orlando Sentinel has an interesting report about the new tower being constructed near the Contemporary Resort.  It doesn’t have much in the way of groundbreaking news, but it is a good look at the rumors surrounding the project and a summary of the details we can expect to find in this new building.

Disney’s Contemporary Resort

Many have assumed this will be the next big announcement for the Disney Vacation Club.  But Disney has not acknowledged that fact publicly.  They have even, seemingly, placed some false information in the rumor world to try and influence the widely held assumption that this will be a timeshare destination.  However, as the article says, they have not done a good job in hiding it…

Building-permit applications filed with Reedy Creek Improvement District identify the owner of the property as a company called JMSRM Inc. State records show that is a fictitious name created in August 2006 by Celebration-based Disney Vacation Development, parent company of the Disney Vacation Club time-share arm.

In a pair of letters, an environmental consultant hired by Disney calls it “a proposed Disney Vacation Club (DVC) Resort at the Contemporary hotel.”

And in a recent filing with the U.S. Securities and Exchange Commission, Disney, which has built about 2,400 time-share units at eight resorts, revealed that it has about 680 more under construction at Disney World.

It is nearly impossible for Disney to announce at this stage in the game that they are going to be making the first DVC resort on the monorail line.  Remember who a DVC member is.  More than likely, this is a hardcore fan that goes to Disney World multiple times a year.  Where else would many of them rather stay than on the monorail line?  As soon as the sales for this resort begin, and assuming they do not price it ridiculously high, you can expect it to sell very well.  Many people looking at buying into the club will wait for this to happen before plugging down their cash.  So we wait.

It seems as though the new Vacation Club resort at the Contemporary will also be an impressive one.  Earlier additions to the club, like the Beach Club and the Wilderness Lodge, were essentially annexes to the hotels with little added amenities.  But this one, like the under construction Animal Kingdom, will be much more elaborate.

The Contemporary addition is sure to be a lavish one. Records say the crescent-shaped tower will include a host of amenities, including a swimming pool and water-play area with an outdoor bar and a water slide; a spa; tennis courts; a barbecue pavilion; and a 499-person lounge on the 15th floor featuring a restaurant and bar. The new tower will be connected to the main building by a pedestrian bridge.

So perhaps the best is yet to come for the Disney Vacation Club.  It is tough to say exactly when this will be announced.  Considering how quick the project seems to be moving, it can’t be too long.

1 Comment »

  1. Jon said,

    January 16, 2008 @ 4:34 pm

    At these prices, why not just move down there. I’m sure you could get a house for the same price.

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