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Tag Archives: Sale

August 25

August 25, 2008 – Disney Finalizes Sale of Land to Four Seasons

“Sip your morning coffee as you look toward the lush greenery that surrounds Four Seasons Golf and Sports Club Orlando from your room’s private balcony, which also offers some of our best views of the nightly Magic Kingdom Park fireworks display.”

On August 25, 2008, the Walt Disney Company finalized the sale of almost 300 acres in Orlando, Florida, to the Four Seasons Hotels and Resorts. Four Seasons would use this land to build the Four Seasons Resort Orlando hotel, a vacation homes section called Residence Club, a championship golf course, and a variety of single- and multi-family vacation homes. The main hotel had 444 rooms, and was designed by the firm Wimberly, Allison, Tong & Goo; it opened on August 3, 2014, and was included as part of the Golden Oak residential community.

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November 26

November 26, 2010 – Disney Store Holds Magical Friday Sales

“It’s a great way to save and put a little Disney Magic on the tree and under the tree this holiday season.”

On November 26, 2010, the Disney Store prepared for its own version of Black Friday, known as Magical Friday. This sale was not only limited to the physical Disney stores, but also applied to Disney Theme Park item sales on the online Disney Parks stores. Disney offered several incentives for guests, including 20% off all Disney Theme Park favorite items, including several Dooney & Bourke purses made especially for Disney Parks. Over 130 physical Disney Store locations were open at midnight as part of this Magical Friday event.

March 29

March 29, 1979 – Disney Sells the Celebrity Sports Center to Griffin, Leavitt, and the Writer Brothers

“…although Celebrity Center is a small part of the Disney enterprises it received a large share of [Disney’s] attention.” – Rocky Mountain News

On March 29, 1979, the Walt Disney Company sold the Celebrity Sports Center to the group of Griffin, Leavitt, and the Writer Brothers for an undisclosed sum. Located in Denver, Colorado, the center was opened in 1960, funded by several celebrity investors, including Walt Disney. The area was built to be a “huge play center,” featuring entertainments including bowling and swimming. After Disney’s death in 1966, the purpose of the center changed to that of a training ground for Walt Disney World employees. When it was sold, it was well known that Disney wasn’t sure what to do with the property, though it had been financially successful for the company. The area was closed entirely on June 15, 1994.

January 21

January 21, 2004 – Disney Sells Celebration Town Center to Lexin Capital

“Celebration, Florida – The Community Disney Built.”

On January 21, 2004, The Walt Disney Company sold the downtown area of the city of Celebration to Lexin Capital for an undisclosed sum, though it was estimated that the cost was at least $42 million. The self-contained city was built in Walt Disney World’s property, and first opened on June 18, 1996, when the first residents moved in. It was Disney’s first experiment with urban planning, and the sale gave Lexin Capital 18 acres, featuring retail stores, restaurants, commercial office space, private apartments, and 6.8 acres that hadn’t been developed at the time of sale.

February 25

February 25, 2005 – Disney Sells the Mighty Ducks Hockey Team

TMD

“We are confident that Henry and Susan Samueli will bring continued success to the Ducks and we will remain among the biggest fans of the team going forward.” – Michael Eisner

On February 25, 2005, Disney sold the Mighty Ducks of Anaheim hockey team to Broadcom Corporation co-founder Henry Samueli and his wife Susan. The team was originally founded by Disney in 1993, named after the hit 1992 film The Mighty Ducks, and Disney had tried to sell the team since 2002. In 2004, when the NHL’s labor dispute led to a lockout of the 2004-2005 season, Disney tried to sell again at well below the franchise’s original price. Samueli bought the team for $75 million, and promised to keep the Ducks in Orange County, California. The team would late be renamed the Anaheim Ducks.