Part 5/9:
1989 was a milestone year for Disney, with the opening of the Wonders of Life at Epcot, Pleasure Island at the Walt Disney World Village, and two brand new parks: Disney-MGM Studios and Typhoon Lagoon. It's clear that the Grand Floridian and Caribbean Beach were greenlit to accommodate the increased demand that would follow.
The next notable addition was the Walt Disney World Swan, which opened in 1990. This hotel, designed by architect Michael Graves, was the beginning of what became known as the Epcot Resort area, which was followed by the Disney-owned and operated Yacht Club and Beach Club later in 1991, and eventually the Boardwalk Resort in 1996.