ORLANDO, Fla. — Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.
With the news that The Walt Disney Co. has nixed its plans to build its $1 billion Lake Nona campus, it’s important to recall exactly what the Orlando region is losing with the announcement.
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This can be thought of both in terms of the physical campus that would have risen on the 60 acres Disney bought from Lake Nona master developer Tavistock Development Co. in 2021, as well as the economic momentum it would have created — and already had created.
“It was Disney’s announcement in the third quarter of 2021 that launched Lake Nona into the national spotlight as a prime area for corporate relocation,” said Lisa McNatt, CoStar Group’s director of market analytics for Orlando.
Click here to read the full story on the Orlando Business Journal’s website.
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