LAKE BUENA VISTA, FL— Disney Vacation Development will expand its timeshare resort presence at the Walt Disney World Resort by building a seventh Disney Vacation Club (DVC) property. This latest development marks the company’s largest ownership resort project to date. The proposed 600-unit ownership development is slated to occupy a 61-acre site along Disney’s Eagle Pines Golf Course at Walt Disney World Resort. All rooms will feature either a pool, golf course, or forest view. Initial plans call for the constructing a main inn building encompassing a check-in area, accommodations, restaurant/lounge, theme pool with feature slide, retail space, arcade, common living room are, and a health club. Development will begin this fall with an estimated spring/summer 2004 opening. The new resort is scheduled to open in phases, with the first phase consisting of the Inn building and five Villa buildings for a total of 360 units. The Inn and one Villa building are currently expected to open in spring/summer 2004, with the four additional Villa buildings opening throughout the remainder of the year. The final phase of five additional Villa buildings, containing 240 units, are currently anticipated to open by spring/summer 2005.
