Grand Floridian Timeshare License Amended for New Villas

Grand Floridian

Disney Vacation Club has amended the timeshare license for the Villas at Disney's Grand Floridian Resort & Spa, a move that will eventually bring more than 200 additional villas into the association. 

Grand Floridian

On July 16, 2021, the Florida Department of Business & Professional Regulation approved an amendment adding 10,302 timeshare weeks to the Grand Floridian development. The number of weeks corresponds to 202 additional villas. In May 2021, Disney Vacation Club announced plans to convert hotel rooms in the resort's Big Pine Key building to Deluxe Studio villas. 

Although the filing is not publicly available, among the included documents are an amended public offering statement, purchase agreement,  and a 2022 budget. Presence of the budget seemingly reaffirms Disney's plans to open the villas during the next calendar year. DVC had previously pledged to open by summer 2022. 

Several days ago, Disney Vacation Club filed a Notice of Commencement to begin "general construction" work at the Grand Floridian. Given the opening timeline, the permit is likely linked to conversion of the hotel rooms. 

DVC's last hotel room coversion--Copper Creek Villas & Cabins at Disney's Wilderness Lodge--took about 2 years to complete. Though that project included not only modifications to the existing hotel rooms but new construction of the waterfront cabins and the Boulder Ridge Cove pool.

The timeshare license amendment does not necessarily indicate immediate plans to begin selling points. Disney Vacation Club was issued a timeshare license for Copper Creek 314 days before its opening. The license for Disney's Riviera Resort was granted more than 500 days before its debut.