01/23/2004 Archives: "Disney Sells Town Center of Celebration"

According to Central Florida's local CBS affiliate Local6, Disney has sold the town center of Celebration - a city they created. The sale ends "the entertainment giant's most visible connection to an experiment with urban planning". The town center, which encompasses "18 acres containing 16 retail shops, six full-service restaurants, more than 94,000 square feet of commercial office space, 105 private apartments and three land parcels", was sold for an undisclosed amount to a private real estate investment firm"

Posted by James at 9:40 am ET