Disney is drawing on inspiration from its abundance of intellectual properties as it builds a planned neighborhood in Riverside County. The community, named Cotino, is located in Rancho Mirage, about 11 miles southeast of Palm Springs.
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In February 2022, Disney announced its plan to build a mixed-use residential community called 'Cotino' in California's Coachella Valley. Dubbed 'Storyliving by Disney', the project includes a series of vibrant new neighborhoods infused with elements of magic from both the Disney and Pixar worlds.
The American Heartland Theme Park will be located along Route 66 in northeast Oklahoma. The 1,000-acre development, which includes a 125-acre theme park, 300-room hotel and indoor water park, is slated to open in two phases – the first in spring 2025 and the second in 2026.
Rancho Mirage, California, a city in the Coachella Valley not far from Palm Springs, will be the site of Disney's first “Storyliving” community, the company said in a press release.
Renovation, expansion, and renamingOn March 14, 2013, Walt Disney Parks and Resorts chairman Tom Staggs announced that Downtown Disney would be redesigned and renamed as Disney Springs. The 3-year renovation and expansion project would include 150 new tenants, two parking structures, and a near-doubling of mall area.
The utilidors have been referred to as an underground city, the functions of which include: Waste removal: The Magic Kingdom uses an automated vacuum collection (AVAC) system for waste removal. Custodians remove trash from the park twenty-four hours a day, then dump it into AVAC system processors throughout the park.
In it's role as master developer, DMB is collaborating with Disney on Cotino™, a Storyliving by Disney™ community in the heart of the Greater Palm Springs, an area that once felt the footsteps of Walt Disney himself. The brilliant mountain-ringed valley was once a rejuvenating retreat for Walt and Lillian Disney.
(Photo courtesy of Four Seasons Resort Orlando.) Golden Oak is the only residential space actually on Disney property. It even has its own designation on mailing addresses: Golden Oak, FL. Also in the neighborhood is Orlando's five-star hotel, the Four Seasons.
Animal KingdomThis park focuses on animals and features a variety of interactive experiences with wildlife, including an off-road safari. It's the largest theme park in the world, at a total of 580 acres — or more than the entire Disneyland resort combined.
The Grand Floridian Resort & Spa is the most expensive Disney-owned hotel and is distinguished as Walt Disney World's flagship resort. It's also considered Disney's most opulent.
Interactive chart of historical net worth (market cap) for Disney (DIS) over the last 10 years. How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. Disney net worth as of November 10, 2023 is $161.51B.