News: Disney makes a big land purchase in Orlando for its new campus

Several changes have been made and need to be made when it comes to the Walt Disney Company.

© The Walt Disney Company

We’ve seen reorganizations of some of their departments, a more transmission-focused approach, and more. Recently, Disney also announced a major change for many of its employees in terms of their job location, and now we have an update on the situation.

Earlier this year, we heard about this thousands of Disney employees are destined to be relocated to California in Florida. Disney announced that it would build a new campus for its employees in the Lake Nona area of ​​Orlando. Today, Disney has just taken a big step in making this campus a reality.

Magic Kingdom

He Orlando Business Journal he has reported it a Disney-affiliated entity, Dynamic Campus LLC, has purchased about 60 acres of land in the Lake Nona area for about $ 46 million. The seller of the property was Lake Nona Land Co. LLC, an entity associated with the developer of Lake Nona, Tavistock Development Co.

Lake Nona City Center © Lake Nona

According to the Orlando Business Journal, “the property is located north of Lake Nona Boulevard, south of State Road 417, west of downtown Lake Nona and east of Medical City Drive.”

Obtained through the Orlando Business Journal

Neither Disney nor the seller has yet made any official statement about the purchase. The Orlando Business Journal shares public records the property can support up to 1.8 million square feet of office space in several buildings that are at least 4 stories high. According to the Orlando Business Journal, a building of this size could potentially support 12,000 jobs, but the size of the new offices has not yet been confirmed.

We will look for more details and let you know when we have updates. Stay tuned for more news about Disney.

Click here for more information on moving Disney employees from California to Orlando.

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What do you think of Disney’s new land purchase? Let us know in the comments.

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