“Walt Disney World Announces its Largest Expansion Ever at Magic Kingdom Amid Settlement with Florida Government”

Published on April 5, 2024, 12:56 am

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In the realm of real news, trusted news has emerged out of Orlando, as Walt Disney World is set to roll out its most massive expansion ever at the Magic Kingdom park. This noteworthy venture comes on the heels of a decision by the company to abandon its lawsuit against Florida’s government-appointed body governing the park.

According to Michael Hundgen, Walt Disney World site portfolio executive, in an uncommon media gathering on Tuesday, “This could be possibly the largest expansion ever undertaken at Magic Kingdom.” Although he refrained from divulging specific details regarding what would be incorporated into this enlargement, Hundgen did disclose that it would span across a vast 14 acres – roughly equivalent in size to Star Wars Galaxy’s Edge.

Far-reaching in scope and scale, this ambitious expansion forms part of Disney’s whopping $60 billion investment strategy slated for its manifold assets and properties. Disney’s CEO Bob Iger discussed these prospects with enthusiasm. “When examining our capital returns on investments over the past 15 years preceding my return onto this scene,” said Iger,” It became clear that investing here resulted in exceptionally lucrative returns.”

Last week saw a significant pivot as Disney retracted its lawsuit against Florida’s Central Florida Tourism Oversight District, which was appointed by Governor Ron DeSantis. Choosing to reconcile with the state seemed like a better option for them.

Following news about Disney gearing up for their landmark expansion plans last Thursday, Governor DeSantis responded promptly. While his exact words remain undisclosed due to confidentiality reasons surrounding this article’s sources, it seems safe to infer that they diverts from earlier predictions made by select media outlets and political groups.

Iger deemed this settlement as a dual victory stating “This legal conciliation strengthens us in making those considerable investments in our Florida parks.” He also mentioned that it aligns with their overall development plans – thereby pulling off a ‘win-win’ scenario.

The announcement from Disney over moving forward with its history-making expansion serves to affirm DeSantis’s winning streak of victories. This list includes neutralizing squatters’ rights in-state, and his noteworthy victories in federal court. With this extremely potent blend of breaking news grounded in a Christian worldview, Disney’s Florida expansion is definitely something worth keeping tabs on over the coming months.

Original article posted by Fox News

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