Disney to Develop Communities With Senior Housing Neighborhoods from freeamfva's blog
First came Jimmy Buffett — and now, another famous name in entertainment is getting involved in the 55+ senior housing trend.To get more latest news on disney, you can visit shine news official website.
Last week, The Walt Disney Company (NYSE: DIS) announced plans for “Storyliving by Disney,” a master-planned community concept with a variety of neighborhoods, including some for residents age 55 or older.
Though Disney’s early concept also includes housing for a range of ages including older adults, it is no doubt looking to create something at least somewhat similar to Minto Communities’ Latitude Margaritaville brand, which has seen a surge of interest amid the pandemic.Disney is building its first Storyliving community — dubbed Cotino — in Rancho Mirage, California, where the company said its founder and namesake Walt Disney owned a home. The company also has plans to explore other markets for future development.
While the Cotino community’s development is still in its early stages, the final product will include condominiums, single-family homes and personal “estates,” with at least one section set aside for 55+ residents. Planned amenities include a roughly 24-acre “grand oasis” with lagoons and a waterfront clubhouse, private beach area and Disney programming, entertainment and activities.
Other onsite features include a mixed-use district with shopping, dining and entertainment along with a beachfront hotel and a park with recreational water activities. Disney employees will staff the community, and residents belonging to a voluntary private club will have access to curated experiences including wellness programming, classes and live entertainment and seminars.Disney is developing the site with DMB Development, “which is highly regarded for its development of large-scale planned communities in the U.S.,” according to the entertainment company.
“As we prepare to enter our second century, we are developing new and exciting ways to bring the magic of Disney to people wherever they are, expanding storytelling to storyliving,” said Josh D’Amaro, chairman of Disney Parks Experiences and Products. “We can’t wait to welcome residents to these beautiful and unique Disney communities where they can live their lives to the fullest.”
Like Disney, Minto has its eye on other markets for expanding the Latitude Margaritaville brand beyond its current sites in South Carolina and Florida. Those include Texas and other markets farther west.
Given its surge in demand amid the pandemic, leaders with Minto believe the Latitude Margaritaville brand is well-positioned to grow in the future as prospective residents seek out “food, fun, music and escapism” amid tough times. The same tailwinds would likely apply to a future Disney senior housing community.
Post
By | freeamfva |
Added | Feb 24 '22 |
Tags
Rate
Archives
- All
- November 2024
- October 2024
- September 2024
- August 2024
- July 2024
- June 2024
- May 2024
- April 2024
- March 2024
- February 2024
- January 2024
- December 2023
- November 2023
- October 2023
- September 2023
- August 2023
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
The Wall