Disney Plans $17B Expansion, Including Potential 5th Florida Park

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Source: The Associated Press
Disney Plans $17B Expansion, Including Potential 5th Florida Park
Photo: The Associated Press
TL;DR Summary

Disney and Gov. Ron DeSantis' appointees have settled their legal disputes, paving the way for Disney to invest $17 billion in its Florida resort, including the potential development of a fifth major theme park. The agreement, which will last 15 years, includes provisions for Disney to expand hotel rooms, retail, and restaurant space, while also committing to infrastructure projects and affordable housing in central Florida. This settlement follows a contentious period sparked by Disney's opposition to a Florida law banning classroom lessons on sexual orientation and gender identity in early grades.

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