Disney Cancels $1 Billion Florida Campus and Employee Relocation Plan.
TL;DR Summary
Disney has cancelled a $1bn office complex in Orlando, which would have created over 2,000 jobs, due to "changing business conditions". The project would have involved the relocation of over 1,000 employees from Southern California, including most of a department known as Imagineering. The company's battle with Florida Governor Ron DeSantis and his allies in the Florida Legislature was a factor in the decision to cancel the project. Disney and DeSantis have been sparring for over a year over a special tax district that encompasses Disney World.
- Disney Pulls Plug on $1 Billion Development in Florida The New York Times
- Disney scraps plans for new Florida campus, mass employee relocation amid DeSantis feud CNBC
- Disney won't move workers to Lake Nona. DeSantis brawl continues Los Angeles Times
- The Walt Disney Co. nixes massive $1B Lake Nona campus in Orlando The Business Journals
- Disney Ends Plans to Relocate Thousands of Employees to New Florida Campus The Wall Street Journal
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