Disney and Florida Finalize $17 Billion Expansion Agreement
The deal includes plans for a fifth theme park, increased hotel capacity, and significant local investments.
- Disney commits to investing $17 billion over the next 10 to 20 years in its Florida resort.
- The agreement permits the construction of a fifth major theme park and two minor parks.
- Plans include adding 14,000 hotel rooms and expanding retail and restaurant spaces by 20%.
- Disney will donate 100 acres for infrastructure projects and spend $10 million on affordable housing.
- The development agreement follows the resolution of a legal dispute between Disney and Governor DeSantis.
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