Disney and DeSantis-backed board ‘come to their senses’ in new agreement
CNN
In a development agreement unanimously approved Wednesday night, Disney promises to invest up to $17 billion in its Florida resort over the next 10 to 20 years and sets up the framework for potential theme park expansions.
In a development agreement unanimously approved Wednesday night, Disney promises to invest up to $17 billion in its Florida resort over the next 10 to 20 years and sets up the framework for potential theme park expansions. The 15-year agreement was negotiated as part of a settlement following a yearslong legal dispute between Disney and Gov. Ron DeSantis. The newly renamed entity, Central Florida Tourism Oversight District, oversees all public services for the Walt Disney World resort area and now has board supervisors chosen by the governor. “I would say it’s a huge deal and that both sides have come to their senses,” said Aubrey Jewett, a political science professor at the University of Central Florida. “And realize that this is the best path forward.” After the vote, Board Supervisor Brian Aungst Jr. said this was “the day we have all been very much looking forward to.” He said he used the term ‘we’ to encompass all who have a stake in the matter, from residents of Florida, to business owners in the area, to employees of Disney. “Walt Disney World is inextricably intertwined in the fabric of the state of Florida. And the success of WDW is the success of Central Florida, and vice versa,” he said.
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