WonkaKid
DIS Veteran
- Joined
- Apr 2, 2009
Someone with whom I’m acquainted lives a stone’s throw from DL. He told us this morning that recently Disneyland made him a decent offer on his home. Perhaps they’re looking to expand?
I believe he’s just across Ball Road.Wow! That is interesting. Does he live in the S Walnut area? My daughter was looking at a condo there to rent.
I'm sure they have in the past, but pretty sure owners in the immediate area know who wants their property.I find it interesting that they're not shopping under shell companies and whatnot.
It's most likely because anyone with land in the area already knows it's valuable. A property owner is not going to sell for cheap because the buyer is called TotallyNotDisneyCorp.I find it interesting that they're not shopping under shell companies and whatnot. They could slowly gobble up pieces of land with no one the wiser, but when folks know it's Disney they'll likely raise their prices, especially the last few holdouts who certainly have leverage...
Well, here’s a possibility. There’s a law in Chicago that if 3/4 of a condo’s residents agree to sell to an entity, it triggers the sale of the entire building. I wonder if perhaps Anaheim has something similar (that exists largely to benefit Disney) whereby if 3/4 of a neighborhood agrees to sell, all others are also required to. I think it’s fundamentally unfair and I don’t like it but it may be a reality....but when folks know it's Disney they'll likely raise their prices, especially the last few holdouts who certainly have leverage...
Their relationship will ebb and flow with city over time as the politicians come and go and change their minds when they have those sudden changes of heart. I concur with the above Disney is playing a very long game here as there will undoubtedly be holdouts and in the meantime they’re headed into the rental business in SoCal. Unless they raze the building but you’d think after the Harbor debacle they might have learned that lesson. Well, considering the kicking out of the DtD tenants before they lined up their little city council duckies I’m probably overestimating their common sense.Ido find the purchase offer interesting since Disney has had a hard time with the city lately. There was a mention above of buying up Harbor hotels and under or over passes. Disney tried to do just that with the Eastern Gateway project but that was ultimately squashed. Disney does have a bit of a pickle in that they “need” the Harbor and other area hotels because they certainly don’t have enough capacity in the on site ones. It also allows them to keep the onsite ones more exclusive and charge outrageous rates for them.
my first thought was the area north of the parking structures. it seems like that would be a difficult area to put enough pieces together to do anything worthwhile.I believe he’s just across Ball Road.
Well, here’s a possibility. There’s a law in Chicago that if 3/4 of a condo’s residents agree to sell to an entity, it triggers the sale of the entire building. I wonder if perhaps Anaheim has something similar (that exists largely to benefit Disney) whereby if 3/4 of a neighborhood agrees to sell, all others are also required to. I think it’s fundamentally unfair and I don’t like it but it may be a reality.