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Louis Brown’s Street Smart Systems » Disney, Peterson reach deal on National Harbor site
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post Disney, Peterson reach deal on National Harbor site

February 22nd, 2012

Filed under: News — Louis Brown @ 7:45 am

We don't have the details yet, but we're told the Peterson Cos. and Walt Disney Parks and Resorts have reached a deal to bring the 15-acre Disney parcel back into the National Harbor fold. Disney bought the land overlooking the Potomac River in May 2009 for $11 million. The amusement park giant planned a standalone 500-room resort hotel, perhaps something akin to its Aulani, Disney Resort & Spa in Hawaii. Its unclear how far Disney got into its National Harbor planning. In November, Disney backed out, citing poor timing and its planned resort expansions elsewhere…

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