ORLANDO, Fla. — Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.
This year’s biggest deal in tourism and hospitality was struck in June when the Central Florida Tourism Oversight District board unanimously approved a $17 billion development agreement with The Walt Disney Co. (NYSE: DIS).
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At least 50% of the $17 billion — $4 billion in the first 10 years of the project — will go to companies based in Florida specializing in a wide range of products and services.
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The master plan for the project covers approximately 24,000 acres. This includes various types of development and infrastructure improvements to support the expansion and enhancement of Disney’s facilities and self-described contributions to the Central Florida area.
Click here to read the full story on the Orlando Business Journal’s website.
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