The Walt Disney Corporation has just announced their forage into the world of designer luxury homes. The Wall Street Journal has reported that the cartoon conglomerate is opening up a neighborhood of luxury homes in Disney World called Golden Oaks.
The neighborhood will feature 450 homes and a Four Seasons hotel. The houses will be priced between $1.5 and 8 million. Interested buyers can put down money on a house now, although the development may take around 10 years to complete. The Walt Disney Corporation is hoping that the Golden Oaks venture will boost the Florida housing market.
Disney-Designed Homes
Walt Disney Announces Venture into Home Development Called Golden Oaks
Trend Themes
1. Luxury Home Living - Opportunity for home developers to collaborate with luxury brands and design firms to create themed luxury homes.
2. Entertainment-themed Neighborhoods - Opportunity for real estate developers to create neighborhoods themed after popular entertainment franchises and attract fans as home buyers and renters.
3. Mixed-use Resorts - Opportunity for developers to combine luxury residential living with resort-style amenities to create year-round destination communities.
Industry Implications
1. Real Estate - Real estate developers have an opportunity to cater to upscale demand by collaborating with luxury brands and entertainment firms to create unique housing options.
2. Hospitality - Hospitality groups and hotel chains can partner with residential developers to create mixed-use resorts and urban destinations featuring luxury residences and world-class amenities.
3. Entertainment - Entertainment companies can expand their brands into the housing market by creating themed neighborhoods and luxury home designs based on popular franchises.