Originally Posted By doombuggy <a target="blank" rel="nofollow" href="http://www.ocregister.com/articles/disney-659941-hotel-inn.html">http://www.ocregister.com/arti...inn.html</a>
Originally Posted By 2001DLFan Wonder if that's just the first in a run of purchases of adjacent properties under fictitious names to avoid having prices jacked up. If it was just a one-off purchase by Disney, they could have done that using their own name.
Originally Posted By RoadTrip They must being buying up real-estate in a hope to find a place for their MASSIVE Star Wars Land. I guess for whatever reason Simba wasn't looking that good.
Originally Posted By trekkeruss I wonder what it would take for the owners of the Candy Cane Inn to sell?
Originally Posted By leemac <<If it was just a one-off purchase by Disney, they could have done that using their own name.>> It is a one-off purchase as there isn't an other asset in play. It is normal for a separate Delaware LLC to be set up to complete deals. The seller knew that it was Disney who was acquiring the property. Disney isn't obliged to disclose transactions of this size and nature to the markets or public at large. Carousel has one of the smallest footprints of the motels. There isn't much that can be done with the site at present. The purchase price was very high considering the revenue of the property but it might smoke out other operators that will sell in the same block.
Originally Posted By dagobert >>> Carousel has one of the smallest footprints of the motels. There isn't much that can be done with the site at present.<<< So is Disney preparing for something bigger in Anaheim, since it is such a small hotel and Disney doesn't have any plans for the near future?
Originally Posted By Dabob2 Interesting. I guess they can just act as landlords for now and use it for something more directly related to the business if they can eventually buy up something adjacent? Is that the thinking?
Originally Posted By hopemax TP2000 wrote an interesting little bit over on WDWMagic about this. I've been out of the loop, but apparently there is a business park BEHIND the Carousel, that Disney might have purchased last year (mentioned on MiceAge). This purchase would allow Disney to put a parking garage in the business park, and then use the Carousel property as the pedestrian access point. Link to TP2000's post, if this works <a target="blank" rel="nofollow" href="http://forums.wdwmagic.com/threads/a-spirited-perfect-ten.894588/page-594#post-6670306">http://forums.wdwmagic.com/thr...-6670306</a>
Originally Posted By RoadTrip With the huge amount of money some DL visitors have I've often thought it would be profitable for Disney to open a small Boutique Hotel with Four Seasons type services for those that desire and can pay for them. Not that this property will ever be that.
Originally Posted By Dabob2 That was one of the rumors floated when the talk was of Disney buying up GardenWalk - putting a boutique hotel or two in that space, especially if and when the third park opened right across the street from that site. With the third park presumably years away, the talk went away too.
Originally Posted By FerretAfros Although I'm all for Disney getting more land in Anaheim, I'm surprised that they paid so much for it, so recently to them turning down GardenWalk at a firesale price. If it's for the ARC connector bridge, I guess it makes sense, but that's a very expensive parcel to use for such a purpose. I'm also surprised that Disney admitted the transaction so freely, since they tend to be very measured in public comments I think it's a good idea for Disney to buy it, I'm just very surprised by it since it goes so clearly against their apparent standard operating procedure I recent yeara
Originally Posted By CuriousConstance So if I stay there when we go to the DLR resort next time, I can offically say I'm staying at a Disney hotel? Oh boy, won't the kids be excited!
Originally Posted By CuriousConstance Sounds invigorating! Is this rat a new character in an upcoming movie, or someone from Ratatouille, perhaps?
Originally Posted By Dr Hans Reinhardt "I'm also surprised that Disney admitted the transaction so freely, since they tend to be very measured in public comments" Given its long history of secrectly aquiring real estate for theme park resort development I wouldn't be surprised if Disney is the landlord of a number of Harbor Blvd hotels and other properties between the resort and the I-5.
Originally Posted By believe They spend 32m on this small property, yet they didn't buy the Walgreens lot on harbor/katella which is twice the size and borders on the parking lot. Very interesting. Perhaps the the theory that disney owns the business center behind the inn has some merit.
