Disney scuttles $1B Florida development plan amid feud with DeSantis

Source: Politico | May 18, 2023 | Andrew Atterbury

It’s yet another escalation in the long fight.

TALLAHASSEE, Fla. — Walt Disney Co. officially called off plans Thursday to develop a $1 billion complex in Orlando as the entertainment giant continues to clash with Florida Gov. Ron DeSantis.

The move, announced by chair of Disney’s parks Josh D’Amaro in a note to staff, nixes the possibility of some 2,000 Disney workers relocating to Florida as part of a plan that has been in the works for years to build new office space in a venue called Lake Nona, cashing in on a reported $570 million in tax breaks.

Disney officials didn’t mention DeSantis or their ongoing feud with the state in announcing the decision, instead claiming that “new leadership and changing business conditions” were behind the massive shift.

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