disney-lake-nona
Image source: Orlando Business Journal

Walt Disney Company Employees Already Looking for Lake Nona Homes

This year, The Walt Disney Company purchased 60 acres of land in Lake Nona, for the purpose of re-locating much of Walt Disney Imagineering from California to Florida by 2023. While some employees are leaving the company rather than making the move, others are already searching for their new Florida home.

Orlando Business Journal reports that local realtors are working with Disney employees looking to buy houses in Lake Nona.

“They’re starting to trickle in,” Deanna Armel, CEO of Armel Real Estate Inc., told Orlando Business Journal. “You’ve got them coming in and purchasing.”

Premier Sotheby’s International Realty agent Peter Luu said of a $6.2 million Orlando listing, “My prediction is this buyer will be a Disney transfer because they will have the financials and will want something different. This is likely a high-end executive purchase.”

Previously, Luu had stated that top executives were expected to look for homes two years in advance, while vice presidents would look one year in advance.

As we already reported, this move will disrupt the local housing market significantly, partially due to a low supply of homes amidst a high demand. According to the Orlando Regional Realtor Association, there was less than a month’s supply of homes on the market last month. Those moving from California will also have bigger budgets, given the vast difference in median home price from Los Angeles County to Florida’s Orange County.

Source: Orlando Business Journal

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mis
mis
1 month ago

don’t mind them moving in. as long as they keep their marxist politics in the state they are fleeing!

yup
yup
1 month ago
Reply to  mis

Totally agree however I don’t think those people would step foot into Florida, to them it looks like hell

Ron
Ron
1 month ago

As long as they leave the California way of thinking in California, They need to realize why they are being moved to Florida and not being the same faulty way of thinking with them.

Another Viewpoint
Another Viewpoint
1 month ago

I am Californian and I will admit that our way of thinking is different. I hope they don’t try change Florida and bring the same problems (homelessness, high housing costs, crowds) to Florida that we have here in California.

Seabasealpha
Seabasealpha
1 month ago

Don’t California my Florida.

Poppy
Poppy
1 month ago

Wish they would offer relocation to their project hires. A lot of staff are choosing to leave rather than relocate. Can’t blame them with the poor relocation packages and little spousal support. :(