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yesterday

Disney World Details $17 Billion Orlando Expansion Featuring New Major Park and Two Minor Parks

Regulatory filings reserve hundreds of acres for a new Magic Kingdom–scale park under a $17 billion strategy to boost tourism capacity by 2045.

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The Cinderella Castle is seen at the Magic Kingdom at Walt Disney World, July 14, 2023, in Lake Buena Vista, Fla. (Photo by John Raoux, Associated Press)
Walt Disney World
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Overview

  • Government filings allocate 400 to 500 acres for a new major theme park and designate space for two minor parks slated between 2030 and 2045.
  • Disney has committed $17 billion to Orlando-area construction over 20 years, with at least $8 billion required within the next decade under the Comprehensive Plan 2045.
  • The master plan outlines new resort hotels, expanded shopping and dining districts, an 18-hole golf course and nearly 8,000 additional hotel rooms.
  • Annual attendance at Walt Disney World is projected to rise from about 51.2 million in 2023 to nearly 99.3 million visitors by 2045.
  • Disney has not formally confirmed the fifth gate projects, but the Central Florida Tourism Oversight District’s Comprehensive Plan 2045 officially reserves the development capacity.