Disney & Florida Planning New Development Agreement Worth Up To $17B, Would Add 5th Park At Walt Disney World

After years of acrimony between Disney and Florida Gov. Ron DeSantis, the two sides are working on a new development agreement that would provide assurances and guardrails for the Bob Iger-run behemoth as it plans to expand near Orlando. In exchange, the State of Florida would see up to $17 billion in investment from Disney over “the next ten to twenty years.” It also sets the stage for a fifth park at the resort. While the cessation of hostilities is good for all involved, the monetary commitment from Dis ...