Disney to Invest $17B in Florida Parks After DeSantis Approval

Disney plans to invest $17 billion in expanding its Florida theme parks over the next 10-20 years, following a unanimous initial vote by the Central Florida Tourism Oversight District's board. The agreement includes potential for a new major theme park, two minor parks, and increased hotel and retail capacity. Disney will also contribute $10 million towards housing projects and donate land for public infrastructure improvements.