December 11, 2018: Disney has broken ground on a $630 million residential community for participants of the Disney College Program, now known as Disney Internships & Programs, in Orlando, Fla.
In June 2018, ACC and Walt Disney World Resort announced their partnership, which is structured where ACC serves as the developer, manager and owner of the new residential housing via a 75-year ground lease. 75 years!
The 10,400-bed community will be delivered in multiple phases, with the first phase scheduled to open next year in May 2020 and slated to be completed by May 2023.
Residents will have access to two 25,000-square-foot community centers connection and amenities including resort-style swimming pools, event and recreational lawns, fitness centers and social lounges. The community will feature a variety of floor plans with private and shared accommodations.
In addition, the development will include the Disney Education Center within the residential community. Program residents will also have access to academic resources, including group and private study rooms, computers with free printing, and free wi-fi.
In February 2018, Disney confirmed that all 2,600 planned apartment units were for the Disney College Program with any units not occupied by the program being leased to current Disney employees. The application also confirmed that the new apartments would house educational facilities within them. (So Disney University will be moving over there too. We also expect some Costuming to move too.).
Disney currently owns or leases four local complexes to house its college interns with a total of 1,580 units. The only one owned directly by Disney is Vista Way, while the others are owned by third parties. These would be closed and sold when Flamingo Crossing opens in Fall 2020.
This would also greatly simplify the current CP bus routes from the four apartment complexes.
Current Rents:
See more of his apartment photos: Christian’s DCP Apartment at Chatham Square
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We’ve written two books about our time working – and playing – as Disney Cast Members at Walt Disney World in Orlando, Florida.
Both are available on Amazon.com in paperback and Kindle: Two Girls and a Mouse Tale and Adventures in the Animal Kingdom.
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Have a magical day!
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