NATIONAL HARBOR, MD (May 19, 2009) - The Peterson Companies announced
today the sale of land at its National Harbor development near Washington,
DC to Walt Disney Parks and Resorts. Disney is considering using the 15-acre
site overlooking the Potomac River in National Harbor, MD as the location
for a resort hotel for families and others visiting the National Capital
Region.
�We�re thrilled Disney has decided to invest in National Harbor,� said
Milton V. Peterson, chairman of the Peterson Companies. �Disney is the
top family entertainment company in the world, and its purchase is a great
vote of confidence in the future of National Harbor and the Washington
area as a top family tourism destination.�
The new resort hotel would be one of Disney�s stand-alone resort hotels
separate from the Disney theme parks. This new resort hotel, like the project
under construction in Hawaii, will be in a prime geographic location and
will provide guests with the same comfort, fun and amenities for which
Disney is famous.
�As we began identifying possible locations to grow our business, the
Washington, DC area immediately jumped to the top of the list,� said Jay
Rasulo, Chairman of Walt Disney Parks and Resorts. �National Harbor offers
an array of entertaining activities for regional visitors, but it is also
a family-friendly base camp, from which visitors from around the world
can explore the stirring sights and inspirational stories of our nation�s
capital. We believe National Harbor has the unique opportunity to offer
a new level of family-friendly hospitality.�
Disney purchased the Maryland property from the Peterson Companies for
$11 million.
Project Overview
National Harbor� and Gaylord
National® Project Facts
National Harbor is a new 300-acre waterfront destination, set along
a 1¼ mile panoramic stretch of the Potomac River in Prince George�s
County, Maryland. The cornerstone of this project is the new Gaylord National
Resort and Convention Center, the largest non-gaming hotel and convention
center on the Eastern Seaboard.
At completion the total project will include:
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7,300,000 s/f of master plan mixed-use community in Prince George�s County,
MD
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4,000 hotel rooms
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470,000 s/f Gaylord National convention center
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1 Million s/f of retail, dining, and entertainment space
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2,500 residential units
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500,000 s/f of class "A" office space
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3 piers, including a marina
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10,000 on-site parking spaces
NATIONAL HARBOR® HOTELS & TIMESHARE:
In its first phase, National Harbor features 5 hotels and the Wyndham
Vacation Resorts providing approximately
1,000 guestrooms in addition to Gaylord National.
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Hilton�s Hampton Inn and Suites � 151 Rooms
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Residence Inn by Marriott � 162 Rooms
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Westin � 195 Rooms
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Aloft � 195 Rooms
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Wyndham Vacation Resorts Timeshare � 250 Units OPENING FALL 2009
GAYLORD NATIONAL® RESORT AND CONVENTION CENTER:
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2,000 guestrooms including 108 lavish suites and 300 VIP Tower rooms
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A spectacular 18-story, 1.65-acre multi-level atrium with views of the
Potomac River and Old Town Alexandria
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470,000 s/f of flexible convention, meeting, exhibition and pre-function
space
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180,000 s/f exhibition hall with 17 dedicated loading docks
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50,000 s/f ballroom featuring theatrical stage, plus outdoor balcony offering
views of the Potomac River
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3 additional ballrooms of 30,000 s/f, 14,000 s/f and 8,100 s/f
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74 breakout rooms with maximum flexibility
NATIONAL HARBOR� RESIDENTIAL:
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National Harbor offers 450 condominiums in its first three buildings
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One National Harbor, 242 unit
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Fleet Street condominiums, 163 units
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Waterfront Street condominiums, 18 units
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Condominiums feature 1st class amenities such as rooftop swimming pool,
underground parking and concierge services
NATIONAL HARBOR� COMMERCIAL OFFICE:
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120,000 s/f of class �A� office space in the first two buildings�120 Waterfront
Street and 174 Waterfront Street
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Flexible floor plans that accommodate both small and large tenants
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National Harbor provides an ideal location with spectacular views of the
Potomac
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A rare new opportunity for a time saving commute from Fairfax and Montgomery
counties
NATIONAL HARBOR� ARTS AND LANDSCAPING:
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Sasaki Associates Inc. and Land Design, the country�s premiere urban landscape
designers, provided overall expertise and coordination of vision
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Artwork, landscaping and tailored public spaces give National Harbor a
feeling of urban elegance
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Visitors to National Harbor who arrive by water are greeted by the sight
of the great giant struggling to escape earthly bounds depicted in Seward
Johnson�s evocative sculpture �The Awakening�.
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The Beckoning, an 85� contemporary sculpture created by Albert Palley,
confirms your arrival to National Harbor
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2 artisan fountains will welcome visitors from parking areas
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2 featured pond fountains enhance restored natural habitats
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Landscaping, a signature aspect of all Peterson developments, brings a
resort-like atmosphere to the cityscape
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�American Way�, the main thoroughfare running through National Harbor,
recalls the spirit of America�s main street: vibrant, exciting and full
of life
PROJECT ACCESS:
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Direct access to National Harbor via I-95/495 Exit 2A makes it the only
private community with direct access to the Capital Beltway
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Direct access from I-295 Exit 1A, Route 210 and Oxon Hill Road
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Easy access to Reagan National, Dulles International and Baltimore Washington
International airports
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Public bus transportation provided by The Maryland Department of Public
Works and Transportation (MDOT) and Washington Metropolitan Area Transit
Authority (WMATA)
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The $3 Billion new Woodrow Wilson Bridge is complete and includes 12 lanes
and can now accommodate up to 400,000 vehicles
Walt Disney Parks and Resorts Facts*
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Disneyland Resort: 510 acres; three hotels; 2,224 rooms; 20,000 Cast Members
Openings: Disneyland Park - 1955; Disney�s California Adventure � 2001
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Walt Disney World Resort: 25,000 acres; 23 hotels; 24,500 rooms; 60,000
Cast Members Openings: The Magic Kingdom - 1971; Epcot - 1982; Disney�s
Hollywood Studios - 1989; Disney�s Animal Kingdom - 1998; Disney�s Typhoon
Lagoon - 1989; Disney�s Blizzard Beach - 1995; Disney�s Wide World of Sports
� 1997
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Tokyo Disney Resort: 494 acres; three hotels; 1,711 rooms; 20,000 Cast
Members Openings: Tokyo Disneyland Park - 1983; Tokyo DisneySea � 2001
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Disneyland Resort Paris: 4,800 acres; seven hotels; 5,760 rooms; 12,300
Cast Members Openings: Disneyland Paris - 1992; Walt Disney Studios Paris
� 2002
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Hong Kong Disneyland: 311 acres; two hotels; 1,000 rooms; 6,000 Cast Members
Opening � 2005
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Disney Cruise Line: Disney Magic (launched 1998) and Disney Wonder (launched1999);
both 964 ft. in length; 877 staterooms; 3,000 Cast Members
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Disney Vacation Club: Eight properties, 2,969 two-bedroom equivalents;
2,000 Cast Members; Opening � 1991
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Walt Disney Imagineering: 1,000 Cast Members; Opening � 1952
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The World of Disney Stores: three locations; 750 Cast Members; Opening
- 1996
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Total hotels: 38 with 34,000+ rooms
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Total full-time, seasonal and part-time Walt Disney Parks and Resorts employees
(excluding those of Euro Disney S.C.A., Oriental Land Co., Ltd., and Hong
Kong Disneyland): 90,000+
*All figures are approximations as of May 2009
About National Harbor:
Rising from the banks of the Potomac River in Prince George�s County,
MD., National Harbor is a new 300-acre destination waterfront resort. With
six hotels and 3,000 rooms, National Harbor features the Gaylord National
Resort & Convention Center. Many attributes include the tree-lined
avenue American Way, public art including �The Awakening� sculpture by
Seward Johnson, shops and offices, numerous high rise residences and the
largest marina on the Potomac River. It is also the future home for the
new Cesar Pelli-designed National Children�s Museum. The master developer
for National Harbor is The Peterson Companies, one of the largest privately
owned development companies in the greater Washington area specializing
in large mixed use developments.
About Walt Disney Parks and Resorts:
Walt Disney Parks and Resorts are where dreams come true. More than
50 years ago, Walt Disney created a new kind of entertainment families
could experience together, with detailed atmospheres and vibrant storytelling.
His vision now includes a collection of five of the world's leading family
vacation destinations: Disneyland Resort, Anaheim, Calif.; Walt Disney
World Resort, Lake Buena Vista, Fla.; Tokyo Disney Resort, Urayasu, Chiba,
Japan; Disneyland Resort Paris, Marne-la-Vallée, France; and Hong
Kong Disneyland Resort, Lantau Island, Hong Kong, China. In addition, Walt
Disney Parks and Resorts includes the world-class Disney Cruise Line, the
Disney Vacation Club, with eight resorts and more than 350,000 members;
Adventures by Disney, a guided group vacation experience to some of the
world's most popular destinations; the World of Disney stores; and Walt
Disney Imagineering, which creates and designs all Disney parks, resorts
and attractions. Walt Disney Parks and Resorts� first stand-alone resort
hotel, Ko' Olina on the Hawaiian island of Oahu, is currently under construction
and is scheduled to open in October 2011. For more information and images,
please visit www.disneyparksnews.com. |