Disney to Invest $17B in Florida Expansion After DeSantis Approval

The Central Florida Tourism Oversight District, created by Gov. Ron DeSantis, has given initial approval to a $17 billion development deal with Disney, signaling a cooling of tensions between the state government and the entertainment giant. The agreement includes significant investments in Disney's Orlando-area theme parks and commitments to local businesses and affordable housing. This détente follows the dropping of mutual lawsuits and comes after DeSantis ended his presidential campaign, recognizing Disney's critical role in Florida's economy.