Scottsdale developer joins Disney in creating storytelling district
For Disney fans for whom theme parks, resorts, ocean cruises and tour packages aren’t enough, The Walt Disney Co. has teamed up with a Scottsdale developer to launch a new venture to build neighborhoods where you can live all year round. round.
The Walt Disney Co. has announced that it will collaborate with Scottsdale’s DMB Development – a developer of large-scale planned communities – on Storyliving by Disney’s first neighborhood, planned communities with the Burbank, Calif.-based conglomerate’s iconic amenities. attention to detail and other special touches.
The first such neighborhood, called Cotino, will be built in Rancho Mirage in the Palm Springs area of California, the company announced, highlighting founder Walt Disney’s ownership of the area. Disney (NYSE: DIS) added that it was exploring other locations in the United States for future development.
“As we prepare to enter our second century, we are developing exciting new ways to bring the magic of Disney to people wherever they are, bringing storytelling to the life of story,” said Josh D. ‘Amaro, president of Disney Parks, Experiences and Products, in a declaration.