disney-lake-nona
Image source: Orlando Business Journal

Walt Disney Company Purchases Roughly 60 Acres for Lake Nona Campus

The Walt Disney Company’s campus in Lake Nona, Florida is coming closer to fruition. Disney has reportedly purchased approximately 60 acres of land in southeast Orlando for the project, according to Jack Witthaus of the Orlando Business Journal.

disney-lake-nona
Image source: Orlando Business Journal

According to records from Orange County, a Disney-connected entity, Dynamic Campus LLC, made the purchase from Lake Nona Land Co. LLC, which is connected to Lake Nona developer Tavistock Development Co. for about $46 million, approximately $766,666 per acre. Neither Disney nor Tavistock have made a statement concerning the purchase.

Disney confirmed the Lake Nona campus back in July, where 2,000 jobs will be relocated from California, less than 5% of Disney’s total jobs in the state. Disney is expected to invest $864 million into the campus, which could possibly include an age-restricted community within Sunbridge, alleviating concerns about Disney’s move adversely affecting the Orlando housing market. Construction on the office building is expected to finalize in November 2022.

As always, keep following WDWNT for all of your Disney Parks news, and for the absolute latest, follow WDW News Today on Twitter, Facebook, and Instagram.

For more information on booking your next trip with our official travel agent sponsor, the Vacationeer, visit wdwnt.travel.

0 0 votes
Article Rating
Subscribe
Notify of
guest

This site uses Akismet to reduce spam. Learn how your comment data is processed.

3 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
James M Tartisel
James M Tartisel
29 days ago

Welcome to Lake Nona. We’ve got it all here for you, even less traffic,no smog checks, lower registration, cheaper gas prices …and we’re less than 30 minutes from Disney and about 44 minutes in either direction for a beach.

Last edited 29 days ago by James M Tartisel
CommonSense
CommonSense
28 days ago

If people realized how many pedophiles work at Disney they wouldn’t be so quick to take their kids. I never do because I see every week at least 5 employees get caught in local human trafficking stings for mainly pedophilia. Instead of buying new land to expand they should be setting up funding for all the victims affected by their dirty little publicly ignored secret.

Dean
Dean
11 days ago

Glad the loss of my job for 23 years here could provide more financing so someone from California could take it. We worked while California was closed and Disney World bank rolled all the other parks. This is how we got repaid. Chapek is the devil and Josh D’amaro is a puppet with a nose that grows.