- The Washington Times - Tuesday, May 19, 2009

Walt Disney Parks and Resorts has bought land at the National Harbor to build a resort hotel, according to the Peterson Companies, the developers.

Disney paid the company $11 million for 15 acres that overlook the Potomac River in National Harbor, in Prince George’s County, Md.

The 300-acre Harbor development is just several miles from downtown Washington, D.C. It has shopping, restaurants and six hotels with 3,000 rooms, including the Gaylord National Resort and Convention Center.

“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,” said Milton V. Peterson, chairman of the Peterson Companies.

He also said Disney will not use the land to build a theme park.

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