By THOUSIF INC
The Disney company announced plans to create multiple residential neighborhoods across the United States.
The first of which is expected to break ground this year in Rancho Mirage, California.
A Disney spokesperson said: "Cotino."
The first project in its Storyliving by Disney venture will have about 1,900 residential units of varying types on the 618-acre property.
Prices have not been announced, though the spokesperson said home prices would be set by the homebuilder.
We are taking into account market conditions.
The property outside of Palm Springs will be developed with DMB Associates from Arizona.
Besides planning condominiums and single-family homes.
Disney plans to have a mixed-use district open to the public, with shopping, dining, entertainment, a hotel, and a beach park.
Certain neighborhoods will be designated for residents 55 and older.