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Lake Nona

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business2 years ago

Disney cancels $1 billion Florida campus in ongoing dispute with Governor.

Disney has canceled plans for a new campus in Lake Nona, Florida, citing changes in leadership and business conditions. The campus was set to host employees from Disney's Parks, Experiences and Products division, and the company had asked roughly 2,000 Southern California-based employees to relocate. However, the company affirmed its commitment to additional expansion and job creation, with plans to invest $17 billion and create 13,000 jobs over the next ten years. The announcement comes amid an ongoing dispute between Disney and Republican Florida Gov. Ron DeSantis over the company's special district in the state.

via ABC News|
#business#disney#expansion
business2 years ago

Disney Cancels $1 Billion Florida Campus and Employee Relocation Plan.

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.

via The New York Times|
#business#disney#florida