Florida Board to VOTE on Disney World’s $17 Billion Expansion

A SECOND vote on Disney’s massive Florida expansion is coming.

Last month, the Central Florida Tourism Oversight District – – restructured Ron DeSantis-approved board that was birthed from the Governors’s culture war battle with Disney — reached a new development agreement with the company. Under this new development agreement, over $17 billion worth of investments will go to Disney World over the next 10–20 years.

The agreement came about thanks to a March settlement that essentially put an end to the long-running legal battle between Florida state government and Disney. The board initially approved the agreement earlier this month. A second official vote is scheduled for this coming week.

Reading into the new agreement, there’s potential for massive growth at Walt Disney World, with investments in hotel rooms, and restaurant and retail space. Most interestingly, the agreement also gives Disney the approval to build fifth major theme park and two more minor parks, such as water parks on property.

Given recent comments from Bob Iger, it seems like a given that any potential fifth park would be IP-centric. However, even with that, there are still several possible directions Disney could go. These include:

A Disney Villains central-park with lands and attractions themed to some of Disney’s most memorable antagonists.

A, for lack of a better descriptor, International Parks Greatest Hits that imports some of the IP lands and attractions Disney has installed at international parks in Hong Kong, Tokyo, and Shanghai to the U.S. in one swoop.

A park based on the original Star Wars trilogy, which would different it from the sequel-trilogy-era Galaxy’s Edge.

A Marvel-themed park. Disney could either gather together all of the Marvel characters that they can legally use in Florida (more likely) or they could reach an agreement with Universal to regain the east-of-the-Mississippi theme park rights to characters like Spider-Man, the Avengers, and the X-Men (much less likely, but still possible).

Of course, all of this speculation could be for naught, and Disney may never end up building a fifth park at Disney World. However, once this second vote goes through, they’ll have the ability to do so if they choose. Stay tuned to AllEars for more coverage of Disney’s dealings in Florida.

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What would you like to see at a fifth Disney World park? Let us know in the comments below.

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