Disney is featuring a new birds-eye-view over Animal Kingdom

In recent years, Disney has made deep investments as an on-going effort to build time-share units in Orlando. One of these projects is the Disney Animal Kingdom Villas that will comprise 340 units by 2009. The second is a new fasting rising tower at the Magic Kingdom that now stands at 5 stories. All signs indicate adequate evidence that Disney plans to use this new Contemporary addition for time-share.

The new crescent shaped tower project a top 15 floors will feature a bar & restaurant, 499-person lounge, barbecue pavilion, tennis courts, spa, water-slide, and pool water-play area.

The projected cost for the new tower adjacent to the Contemporary Resort is $109.6 million. Apparently, a fictitious name JMSRM Inc. was created by the Celebrity Development company parent to Disney Vacation Club-Time-Share. Currently, records from the Exchange Commission reveal that Disney has built 2,400 units in 8 different venues locations.

Though many of Disney’s time-share investors own real-estate, they do not purchase time at these resorts but rather buy points that can be redeemed anywhere at Disney’s time-share resorts. Disney’s that has hotel occupancy that runs about 90%, may decide that marketing these new units as time-share in the tower is not profitable.