Florida locals endorse Disney World's new $17 billion development

2024-06-05 21:03:57+00:00 - Scroll down for original article

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The Central Florida tourism board will vote on a development plan with Disney next week. Local small businesses urged board members to approve the deal in a public hearing. The proposed development deal could allow Disney to expand its existing Florida properties. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. Advertisement Local businesses are throwing their support behind Disney's $17 billion development deal, saying it could invigorate the local economy and boost sales. The Central Florida Tourism Oversight District's board of supervisors discussed the pending development deal in a 25-minute meeting on Wednesday at its Lake Buena Vista headquarters. The development agreement could usher in a new era of expansion for Disney, which reigns king in Central Florida with its four major theme parks and deep ties in the community. The deal also symbolizes a detente between Disney and Gov. Ron DeSantis, who essentially commandeered control of the tourism district after a legal battle with the company. This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in .