Disney planning timeshares at Polynesian Resort

Disney planning timeshares at Polynesian Resort

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Disney Vacation Club, the timeshare arm of the Walt Disney Co., announced on Tuesday that it is building new units at Disney's Polynesian Resort.

Located on Seven Seas Lagoon at Walt Disney World Resort, the Polynesian is one of Walt Disney World's oldest hotels.  This will be the third Disney Vacation Club destination on the monorail system, allowing easy access to Magic Kingdom Park.

The planned development project at Disney's Polynesian Resort, when completed, will join Disney Vacation Club's 12 other properties, including The Villas at Disney's Grand Floridian Resort & Spa, scheduled to open Oct. 23.

In addition to the Disney Vacation Club project, other guest areas within Disney's Polynesian Resort will undergo refurbishment. 

Construction on the Polynesian project began this month, and completion is estimated to be in 2015.

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