Recently, we’ve seen quite a bit of news involving Disney and some nearby properties in Orlando.
So far, we’ve gotten some updates about Disney’s Flamingo Crossings Town Center (which is being worked on), and we’ve heard about a potential construction project Disney might be involved in elsewhere in Orlando. But, now we’ve got some news about a property Disney will actually be selling.
When Disney World closed last year due to the pandemic, the Disney College Program (DCP) and Disney’s Cultural Programs were suspended. So far, Disney has indicated that they hope to resume the College Program in 2021, but we have yet to see anything official.
If you were a former DCP participant or part of the International Program, you may be familiar with the Vista Way apartment complex. This apartment complex is owned by Disney and was home to many DCP and International Program participants over the years.
But, according to the Orlando Business Journal, things are changing with this apartment complex.
The Orlando Business Journal reports that Disney is actually now selling the Vista Way apartments. If you’re wondering where these apartments are located — they’re over at 13501 Meadow Creek Drive, just a few minutes away from Disney World. In the map photo below you can see just how close they are to Disney Springs (that’s Earl of Sandwich and some other Disney Springs spots on the left side). GoogleMaps shows it’s just a 10 minute drive to Disney Springs from the complex.
Marketing materials note that 5 acres are also potentially up for sale for “investors interested in ground-up development.” As the OBJ notes, the site may be interesting to hotel groups as it is so close to Disney World.
The Vista Way apartment complex is currently vacant. Disney had moved its occupants to the new Flamingo Crossings Village apartments when those debuted in December of last year. The Flamingo Crossings apartment markets 2 and 4-bedroom apartments for Disney workers and “operating participants.”
Marketing materials note that the Vista Way complex includes 2 resort-style pools, 2 clubhouses, a fitness center, 468 units, and more. The property was valued in 2020 at $63.1 million, but it is expected to sell for tens of millions of dollars more because of its proximity to Disney and its amenities.
So, if you’re a BIG Disney fan and you’re in the market for an entire apartment complex (hey, you never know) that’s super close to the Most Magical Place on Earth, it looks like this spot is now up for sale. We’ll continue to keep an eye out for more details on this situation and let you know what we find.
Click here to see 9 of the retailers that have been announced for Disney’s Flamingo Crossings Town Center!
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Did you ever participate in the Disney College Program? Tell us in the comments!