Walt Disney World purchases more land near the Magic Kingdom
The coronavirus pandemic has closed Disney’s theme parks and put a halt to construction, but it hasn’t completely stopped the expansion of Walt Disney World, which recently purchased additional land not far from the Magic Kingdom.
As first reported by Orlando Business Journal, Winter Garden-based Lake Reedy Development Group LLC recently sold 26.3 acres of land to a subsidiary of the Walt Disney Company called Celebration Co. The property, which Disney paid $1.05 million for (approximately $39,923 per acre), is located on the southeastern shore of Reedy Lake, to the west of the Magic Kingdom theme park.
This latest land acquisition follows Disney’s purchase of 235 acres from the same owner back in December. Keep in mind that, although Disney might use this new acreage for a new theme park or other guest-facing attraction, it could also be intended for backstage facilities, or as a protected environmental offset for construction elsewhere in the resort.
What do you think Walt Disney World should do with its latest land acquisition? Let us know in the comments below!
Well I think maybe they might put up a new “land” like a just something new in general for the one near the gold course maybe a new hotel or just another golf course.
I hope Diz keeps this up. The ugly Outside World is tightening its grip around WDW, particularly to the north, so they must buy or swap property to maintain its separation.
Seeing as how big of a property Marvel is, California Adventure’s space is not nearly enough for all that could be done. They could add a New York with an Avengers tower and Peter Parker’s home, Wakanda, Sakaar, Knowhere, even an Asgard with it’s castle at the center. A full on marvel land! The only issue is their current deal with Universal keeping them from doing this but come on it would be too good…
Stan Lee Universe