by Ray Keating
News
DisneyBizJournal.com
June 13, 2024
As expected, the Central Florida Tourism Oversight District’s board’s second vote on a $17-billion-investment, 15-year plan for Walt Disney World was a unanimous approval on June 12.
As widely noted, there’s much speculation as to what the $17 billion will be spent on, but Disney has offered no details.
The Orlando Sentinel reported, “The agreement includes a commitment of an $8 billion investment during the first 10 years and up to $17 billion over 20. In return, the district committed to road and other infrastructure projects to support the growth… The agreement covers about 17,300 acres owned by Disney, according to a summary of the deal. It authorizes a maximum of five major theme parks, one more than Disney operates in Central Florida now. It also allows a maximum of five minor theme parks, such as a water park, nearly 1.3 million square feet of office space, 1.7 million square feet of restaurant/retail space and 53,467 hotel rooms.”
Yes, Disney and the board set up by Governor Ron DeSantis are now friends, with presidential politics passing DeSantis by, for now.
As for the widespread speculation, at this point, it is nothing more than that, with some people looking forward to the “D23: The Ultimate Disney Fan Event” in August perhaps for more details.
__________
Ray Keating is the editor, publisher and economist for DisneyBizJournal.com; and author of the Pastor Stephen Grant thrillers and mysteries, the Alliance of Saint Michael novels, and assorted nonfiction books. Have Ray Keating speak your group, business, school, church, or organization. Email him at raykeating@keatingreports.com.
The views expressed here are his own – after all, no one else should be held responsible for this stuff, right?
The Disney Planner: The TO DO List Solution combines a simple, powerful system for getting things done with encouragement and fun for Disney fans, including those who love Mickey, Marvel, Star Wars, Indiana Jones, Pixar, princesses and more.
Never miss any new book by Ray Keating by joining the Pastor Stephen Grant Fellowship with Ray Keating at
https://www.patreon.com/pastorstephengrantfellowship.
Various books by Ray Keating…
• The Pastor Stephen Grant thrillers and mysteries. There are 19 books in the series now.
• Cathedral: An Alliance of Saint Michael Novel is at Amazon.
• Order The Weekly Economist III: Another 52 Quick Reads to Help You Think Like an Economist, The Weekly Economist II: 52 More Quick Reads to Help You Think Like an Economist, and The Weekly Economist: 52 Quick Reads to Help You Think Like an Economist at Amazon.com.
• Signed editions of Ray’s books are at www.raykeatingbooksandmore.com.
Also, check out Ray’s podcasts – the Daily Dose of Disney, Free Enterprise in Three Minutes, and the PRESS CLUB C Podcast.
No comments:
Post a Comment