It is no secret that Disney is moving many of its corporate offices into the ever-growing Lake Nona community in Orlando.
Now there are reports that Disney is looking at creating an age-restricted community close to Lake Nona. Here are the details on what could be coming to the Sunbridge community from Disney.
According to a report from the Orlando Business Journal, Disney is in discussions with Tavistock (the developers of Lake Nona), to create an age-restricted community as part of Sunbridge, which is a community close to Lake Nona. Sources told OBJ that:
“The planned new community would be like a smaller version of The Villages, a huge age-restricted community northwest of Orlando”
The Villages is of course the extremely popular 55+ retirement community a little over an hour away from Walt Disney World. In regards to the real estate market, The Villages is an extremely successful enterprise so it is no wonder that the Walt Disney Company would want to take a bite out of that market.
We know that Disney will bring 2,000 jobs to Lake Nona when they officially move their offices. This move is expected to add fuel to the Lake Nona housing market that is already on fire.
This age-restricted community would tie into the already planned Sunbridge community. Interestingly enough Sunbridge is already a 55+ retirement community by developer Del Webb. However, given the intensity of the Central Florida housing market and the fact that Disney is such a well-known and beloved brand, an age-restricted community by Disney is almost sure to be a hit.
Disney already has two communities in Central Florida associated with its brand.
Golden Oak which is tucked away on Walt Disney World property offers over-the-top luxury homes. Disney also used to own Celebration, a town built by the Walt Disney Company that despite no longer being operated by Disney, continues to grow today.
This development in Sunbridge would be something completely unique and new for Disney and we are interested to see how it turns out, particularly when it comes to the prices of the homes. If Disney moves forward with this project, prospective buyers will likely anticipate the living accommodations to live up to the Disney standard. Often times that standard comes with a high price tag!
OBJ had this to say about Sunbridge:
“…Sunbridge community, which is in Orange and Osceola counties, has room to grow. Sunbridge can support a combined 22,700 single-family homes, 13,990 apartments, 6,000 hotel rooms along with more than 11 million square feet of office space and 3.9 million square feet of industrial space among other uses.”
There is plenty of space for Disney to plan and develop a fantastic age-restricted housing community in Central Florida!
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What do you think about Disney building a 55+ community in Florida? Let us know in the comments!