According to Claudio Borio, senior vice president of Storyliving by Disney, the company was drawn to the emerging trend of lifestyle communities, particularly among baby boomers and Gen X. "We always love to look at where our guests and our fans are," Borio said. "One of the things we really saw was this emerging trend of lifestyle communities, and they're particularly strong among baby boomers and Gen X." Borio noted that the company is confident that its entry into the Coachella Valley will benefit both the business and its fans.
The Storyliving by Disney community at Cotino offers a range of amenities and services, including a private beach club, a community center, and a variety of recreational activities. Residents will also have access to a range of Disney experiences, including exclusive events and behind-the-scenes tours. While the community is designed to offer a more low-key Disney experience, it is still expected to draw a significant number of Disney fans and enthusiasts.
Disney's entry into the Coachella Valley is part of a larger trend of lifestyle communities and master-planned developments in the region. The Coachella Valley has seen a surge in new developments in recent years, driven by its growing popularity as a retirement destination and its proximity to major cities like Los Angeles and San Diego. Disney's entry into the market is seen as a significant coup for the company, which is looking to expand its reach and offerings in the real estate market.
As Cotino begins to welcome residents, Disney is expected to continue to monitor the market and adjust its strategy as needed. The company has already announced plans to launch additional Storyliving by Disney communities in the coming years, including a development in the Orlando area. While the success of Cotino remains to be seen, it is clear that Disney is committed to its entry into the real estate market and is confident that its unique brand of hospitality and entertainment will continue to draw fans and enthusiasts in the years to come.
Share & Engage Share
Share this article