The Disney Company is betting against the struggling Florida housing market with plans to build million-dollar luxury homes near its Orlando theme park.
"Disney will offer homes priced between $1.5 million and $8 million in a state where the foreclosure rate remains among the nation's highest. In Orlando, where brokers say home values have dropped between 50% and 60% from the peak, Disney's pricing would put its homes near the top of the market. According to Realtor.com, the average price of new listings in greater Orlando this year is just over $243,000."
While most of the market is down, officials in the company believe the market for luxury homes is on the rebound.
FULL STORY: Disney World's New Thrill Ride: Selling Luxury Vacation Homes
Disney Imagineers' Next Big Thing: 'Avatar' Theme Park in Orlando
The world of Pandora, created by James Cameron for the blockbuster film Avatar, will be the next addition to Disney's Animal Kingdom park in Orlando, Florida.
An Empty Disney High Speed Rail Station for Orlando
The Disney Corporation has announced intentions to donate land for a high speed rail station in Orlando if a Florida project is approved. But some say it's unlikely the company will encourage anyone to use their station.
Central Florida’s SunRail Plans Major Expansion
The expanded train line will connect more destinations to the international airport and other important destinations.
Seattle Legalizes Co-Living
A new state law requires all Washington cities to allow co-living facilities in areas zoned for multifamily housing.
NYC Officials Announce Broadway Pedestrianization Project
Two blocks of the marquee street will become mostly car-free public spaces.
Denver's New High-Rise Integrates Vertical Canyon in Architectural Design
Unlike other new builds in Denver, Colorado, a new high-rise reveals a unique “sculptural canyon” running vertically through the facade to foster a sense of community and connection to nature.
Federal Resilience Program a Lifeline for Affordable Housing Providers
The little-known Green and Resilient Retrofit Program funds upgrades and repairs that improve efficiency and comfort in existing housing stock.
Fort Worth To Relaunch Bike Share System in January
Trinity Metro shuttered its current system at the end of November and plans to relaunch with a mostly-electric system.
A Brief History of Kansas City’s Microtransit
The city’s costly experiment with on-demand transit is yielding to more strategic investment.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Village of Glen Ellyn
American Planning Association, Sustainable Communities Division
HUDs Office of Policy Development and Research
HUDs Office of Policy Development and Research
City of Cambridge, Maryland
Newport County Development Council: Connect Greater Newport
Rockdale County Board of Commissioners