The Walt Disney Firm at this time introduced its subsequent step within the residential actual property enterprise. “Storyliving by Disney” would be the firm’s model for master-planned communities that Disney will develop in areas throughout the US.
The primary Storyliving by Disney neighborhood can be Cotino, in Rancho Mirage in Southern California’s Coachella Valley. Created in collaboration with DMB Growth, Cotino will embrace a spread of dwelling sorts – together with estates, single household properties, and condominiums – in addition to a lodge, procuring, eating, and leisure, together with a lakefront park that the general public can entry by shopping for a day cross.
Aerial idea view of Cotino. Picture courtesy Disney
Disney forged members will function a neighborhood affiliation for Cotino, and a voluntary membership membership for residents will provide entry to a waterfront clubhouse, club-only seaside space, in addition to Disney programming, leisure, courses, seminars, and different actions all year long.
Idea view of Cotino’s lakefront seaside membership. Picture courtesy Disney
“Disney Imagineers are exploring the richness of every native area to encourage the theme of Storyliving by Disney communities,” Walt Disney Imagineering Government Producer Michael Hundgen stated. “Distinctively designed indoor and outside areas will provide residents new alternatives to discover, have interaction and create the subsequent unimaginable chapter of their story.”
Not less than one part of Cotino can be designated as a retirement neighborhood for ages 55 and older, however properties elsewhere within the growth can be out there for residents of all ages.
Disney’s first try at stepping into residential actual property enterprise was the unique Experimental Prototype Group of Tomorrow that Walt Disney proposed for what turns into the Walt Disney World Resort in Florida. Though Disney deserted the proposal after Walt’s dying, recycling the “Epcot” acronym for the resort’s second theme park, the corporate ultimately entered the residential actual property enterprise with Celebration within the Nineteen Nineties. After Disney bought Celebration, Disney created the extra upscale Golden Oak neighborhood on the Walt Disney World Resort. [Full disclosure: One of my immediate family members was a sales agent for both Celebration and Golden Oak.] Storyliving by Disney will prolong Disney’s residential actual property enterprise throughout the nation, as Disney stated that it’s exploring extra areas round the US for future developments.
“For practically 100 years, Disney has shared tales which have touched the hearts and minds of individuals all world wide,” Disney Parks, Experiences and Merchandise Chairman Josh D’Amaro stated. “As we put together to enter our second century, we’re growing new and thrilling methods to convey the magic of Disney to folks wherever they’re, increasing storytelling to Storyliving. We will’t wait to welcome residents to those stunning and distinctive Disney communities the place they’ll stay their lives to the fullest.”
Replace: I provide some first ideas on Storyliving by Disney in my YouTube submit at this time. Sure, America wants lots of new housing developments, and perhaps the Disney identify will help make that occur. However a neighborhood of investor-owned trip properties ain’t it.
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