Official announcements from Walt Disney Company or verifiable news reports

Disney to Build 5th Theme Park in Florida with $17B Investment After Settling Dispute

Jun 5, 2024, 12:57 PM

Walt Disney World has reached an agreement with the DeSantis-appointed Central Florida Tourism Oversight District, allowing the construction of a fifth theme park in Central Florida. This development comes after the resolution of legal disputes between Disney and Florida Governor Ron DeSantis' appointees. As part of the new deal, Disney is set to invest up to US$17 billion in its Florida parks. The investment aims to expand and enhance the resort, suggesting significant growth and development in the region, according to reports.