The Walt Disney Co. will be building a new resort which includes a Four Seasons hotel, a new golf course and vacation condos.  Work will begin this year with the hotel expected to open in 2010.

A new pedestrian-friendly development with hotels, stores and restaurants is also planned for the resort property.  This additional development will center around a retail village and be built in phases over the next decade.

For more information on this story visit the Los Angeles Business Journal and Orlando Business Journal.