Disney Expands Residential Development Beyond Florida and California with Asteria in North Carolina

Disney is planning to build a new residential development called Asteria in Pittsboro, North Carolina, designed by the company's theme park designers. The 1,500-acre community will feature 4,000 single-family and multifamily homes, with amenities such as a clubhouse, wellness center, community garden, and restaurants. The homes are expected to go on sale by 2027. This announcement follows Disney's plans to build residential communities across the US, with the first one, Cotino, currently under construction in Southern California. The starting price for homes in Cotino is expected to be in the upper $1 million to lower $2 million range.