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Disney Forms Business Division to Develop Residential Communities

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Disney forms business division to develop residential communities
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Media titan Disney has announced it will be building a residential development called Cotino in California under its new Storyliving by Disney division.

Cotino will be part of a larger development called Section 31 in Rancho Mirage close to Palm Springs, California, which will contain 1,700 homes, 400 hotel rooms and a 24-acre swimmable lagoon being created by Arizona-based DMB Development, as reported by the Desert Sun.

The community association of Cotino will be operated by Disney cast members, and curated experiences will be made available to club-member residents.

“As we prepare to enter our second century, we are developing new and exciting ways to bring the magic of Disney to people wherever they are, expanding storytelling to storyliving,” said Josh D’Amaro, chairman of Disney Parks, Experiences and Products..

The new Storyliving by Disney business division is currently scouting further locations in the US.

Tags: Disney residential communitiesStoryliving

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