Governor Ron DeSantis (R-FL)’s Central Florida Tourism Oversight District appointees approved an agreement Wednesday, resolving a two-year dispute involving Walt Disney World and its governing district. This conflict began two years ago when Disney publicly opposed a state law dubbed “Don’t Say Gay.”
The tourism board unanimously approved a 15-year development agreement with the district that included a commitment to infrastructure improvements. In exchange, Disney is agreeing to commit up to $17 billion to investments in its Disney World amusement park over the next two decades.
The agreement follows a March truce, during which both parties ceased litigation in state court and focused instead on negotiating a new development agreement and comprehensive plan by next year. Previously controlled by Disney backers, the district provides essential services like firefighting and mosquito control.
Board member Brian Aungst stated the agreement ensures a cooperative framework for Disney and the district. “This is the day we all have been looking forward to,” Aungst remarked Wednesday. He expressed confidence in reaching a favorable resolution.
Under the agreement, Disney must donate up to 100 acres of its property for district-controlled infrastructure projects, allocate at least half of its construction projects to Florida-based companies, and invest at least $10 million in affordable housing for central Florida. Disney would gain approval to construct a fifth major theme park and two minor parks, potentially increasing its hotel room count and retail and restaurant space.
Unresolved is an appeal in a federal lawsuit Disney filed against DeSantis and his appointees. Post-settlement, Disney requested a pause to negotiate the development agreement. Disney has until next week to decide whether to proceed with the case.
