The Walt Disney Company has spent the last year making some pretty big decisions, and the company continues to move forward.
In Orlando alone, we’ve seen a LOT of work being done at Disney World, particularly with the EPCOT transformation, but we’ve also seen changes with health and safety standards at the parks, and we’ve noticed a lot of postings for new jobs at the resort recently.
Earlier this year, Disney announced plans to relocate more than 2,000 of its employees from California to the Lake Nona community of Orlando. This community will become a new Disney campus. And now, Disney has taken a huge step forward in making that new campus a reality.
According to the Orlando Business Journal, an entity related to Disney has purchased nearly 60 acres of land in the Lake Nona area for the future campus. According to Orange County records, the entity, Dynamic Campus LLC, spent around $46 million on the property, buying it from Lake Nona developer Tavistock Development Co.
Public records indicate that the property could support up to 1.8 million square feet of office space in several buildings at least four stories high. However, Disney has not commented on the property purchase of its specific plans for it.
We’ll keep an eye out for updates, though, and keep you informed, so stay tuned.
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What do you think of this land purchase and how Disney might utilize it? Let us know in the comments.
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Didn’t I read where Disney is planning a 55+ community for this piece of land?
Up goes the ticket prices again as well as everything else.
That was my first thought too, but in reality, Orlando should save money compared to the cost of keeping these employees in California.