It was announced last month that The Walt Disney Company has canceled plans to build a 500 room National Harbor resort in Washington, D.C. Disney purchased the 15 acres in May of 2009 for $11 million.
Looking to build a stand-alone Disney branded hotel, they pulled out with Disney spokeswoman Kristin Nolt Wingard stating, "Given the full slate of expansion currently underway at Walt Disney Parks and Resorts, the timing isn't right to proceed with another new project of this scale."