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Disney Buys Land at National Harbor

by Mark Wellborn

Disney Buys Land at National Harbor: Figure 1

The Washington Post is reporting that the Walt Disney Company has purchased a 15-acre parcel of land at National Harbor for $11 million where it plans to build a 500-room hotel resort. Despite who is behind the project, don’t expect roller coasters and theme rides as there will be no amusement park services associated with the resort.

National Harbor, an ambitious project that opened about a year ago, but fell on hard times when the economy tanked, already includes six hotels, a dozen restaurants and a huge conference center.

The land acquisition comes at a time when hotel occupancy at National Harbor is down and a good deal of the 400 residences at the Prince George’s County development remain unsold. A Disney spokesman told the Post that the company will almost certainly go ahead with the project despite the economic climate, however no timetable for completion was provided.

The parcel of land sits on the top of a street named American Way and overlooks the National Harbor complex and the Potomac.

This article originally published at http://dc.urbanturf.com/articles/blog/disney_buys_land_at_national_harbor/925

3 Comments

  1. Tom A. said at 3:57 pm on Tuesday May 19, 2009:
    Ugg. And of course they'll entice people by saying it's a DC location. "Come see what DC has to offer, and be stuck in the middle of nowhere!" But, apparently, Disney always takes good care of its resort guests, so I'm sure they'll run shuttles into DC for site seeing. Maybe they'd actually pay for the metro spur down to national harbor? I'm not very familiar with the area, so I'm not sure if that's even possible.
  1. Brian said at 4:06 pm on Tuesday May 19, 2009:
    It'll probably be kid friendly, which actually may make for a good marketing tactic to attract tourists. Besides, by the time it could open, the economy, and the harbor itself, should be on better grounds.
  1. Slappy said at 3:43 pm on Wednesday May 20, 2009:
    An affordable, frequent water taxi between National Harbor and Georgetown (or the SE Waterfront) would be far better than a "shuttle," and it'd pull more tourists/residents from DC to the NH area. Right now, the water taxis offered are expensive, infrequent, and a pain.

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