Well, Disney is going to sell parcels of land in its Flamingo Crossing project located at the Western Way entrance to WDW. It is believe that this is the first time 3rd party developer gets to buy such land within WDW and still remains under the Reedy Creek Development authority, which is the "government" set up by Disney.
That prospect creates a first chance for third-party owners to buy and develop land inside Reedy Creek. Disney has previously allowed numerous private developments of hotels, stores and restaurants within Reedy Creek, but always through long-term land leases that have kept the real-estate deeds in Disney's hands.
Flamingo Crossings is to be built in phases over eight to 10 years, the company said. Infrastructure construction could start this winter, and the first private hotels or shops could break ground in a year or two, Buena Vista spokeswoman Andrea Finger said.
So, the question that I would ask Disney is, why can't they develop this themselves? I mean, they have shown that they can do something similar to this at Downtown Disney? Why are they selling their lands and having others do this for them? Are they short of cash with that $10 billion rehab of DCA, and the money sieve that is Hong Kong Disneyland?
Please don't sell anymore of my beloved WDW!
Zz.
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