Recession slows some construction at Disney World

chipconstruction Recession slows some construction at Disney World

Saturday’s Orlando Sentinel carried a story looking at how construction at Walt Disney World has slowed amid the weak economy. Not only has construction slowed down but attendance and box office numbers have dwindled. As you can see by all the offers and deals Disney is offering they are struggling. As soon as our economy turns around we will see the numbers jump back up I am sure of it. Oh by the way if you are booking your Disney trip be sure to wait after the end of January to book so that there are no lines when we visit..just kidding..

Here is the article from the Orlando Sentinel:

Data from the Reedy Creek Improvement District show building permit activity during the past year fell 25 percent from a year ago and total value of construction permitted fell 61 percent (from $409.4 million to $158.7 million).

So what IS getting built? Here’s a look at some of the biggest projects that Reedy Creek has permitted over the last year (according to monthly reports that the district’s building department submits to its board of supervisors):

– Upgrade facility controls, ride controls and smoke control at Space Mountain (valued at $12.3 million)

– Renovate rooms at Disney’s BoardWalk Villas ($4.4 million), the Walt Disney World Dolphin Resort ($3.7 million), Disney’s Caribbean Beach Resort ($2.8 million), Disney’s Yacht Club Resort ($2.5 million) and the Shades of Green Resort ($1.5 million)

– Install hardscape and infrastructure for Flamingo Crossings ($2.6 million)

– Resume construction of a Holiday Inn ($1.8 million)

– Demolish the Magic Kingdom Skyway building in Tomorrowland and renovate restrooms ($1.1 million)

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