May 20, 2009

Disney buys land near capital district

Walt Disney Co. said it was working on plans to build a new resort along the banks of the Potomac River outside of Washington, D.C.

The plans were not complete, but the design includes a resort hotel for families and others visiting the national capital region, the company said.

Disney's intentions were revealed after it purchased 15 acres that run along the Potomac for $11 million, the Orlando (Fla.) Sentinel reported Wednesday.

As we began identifying possible locations to grow our business, the Washington, D.C.-area immediately jumped to the top of the list, Jay Rasulo, chairman of Disney's Parks and Resorts division, said in a statement.

The new resort could fit well with the company's tour business Adventures by Disney, which includes an eight-day trip through Philadelphia, Washington and Williamsburg, Va., the newspaper said.