Since early 2006 we have been tracking the speculation that the Disney Vacation Club will soon be coming to the Contemporary Resort. More details have begun to emerge on this story, and the latest information is that work will begin imminently on the demolition of the existing 3 story tall North Wing of the Contemporary (The left hand side if facing the Contemporary from the front of the resort). Once the demolition is complete, a new crescent shaped, 16 story tower will be built on the site. The expected completion date of the project will be late 2009.
The photo below shows the current closed off North Wing that is set to be demolished.