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Disney sells some of its world - Orlando Sentinel, 3/28/06 [Archive] - MousePad

View Full Version : Disney sells some of its world - Orlando Sentinel, 3/28/06


Darkbeer
03-28-2006, 09:17 AM
http://www.orlandosentinel.com/business/custom/tourism/orl-disneyland2806mar28,0,7507114.story?coll=orl-business-headlines-tourism

QuikQuote: Walt Disney World is selling off chunks of excess land on the fringes of its empire, allowing developers to pursue their own real-estate magic. Disney recently sold 53 acres on Sherberth Road south of Disney's Animal Kingdom to a developer who wants to build hundreds of vacation town homes and condominium units, and another 47 acres on Reams Road, north of the Magic Kingdom, to a home builder.
Another 30 acres is for sale on U.S. Highway 192. And more may be put on the market as soon as the company re-evaluates its vast land holdings in Central Florida, particularly parcels on the far edges. Disney spokeswoman Andrea Finger said the company is evaluating its Central Florida land holdings to see what fits into its long-term plans and what doesn't.

Mickeymac
03-28-2006, 10:23 AM
:eek:

Egads!!!

On the other hand... that land that Centex bought would be prime housing territory... :D

JeffG
03-28-2006, 10:20 PM
:eek:

Egads!!!


Keep in mind that Disney owns a huge amount of land down there with a majority of it undeveloped. Just using the numbers in the article, the land that has sold and is currently on the market adds up to a total of 0.48% of the property Disney owns...

-Jeff

Alex S.
03-28-2006, 10:35 PM
Never mind. I actually read all the way to the end.

Mickeymac
03-29-2006, 03:53 AM
oh, I know Jeff, it's more of a 'Mom's having a yard sale and MY TOYS ARE IN IT' reaction. Pittance in the overall scheme of things, but still hits home.


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