““We have a huge opportunity to continue to invest in Florida. I noted that our plans are to invest $17 billion over the next 10 years, which is what the state should want us to do. We operate responsibly. We pay our fair share of taxes. We employ thousands of people and, by the way, we pay them substantially above the minimum wage dictated by the state of Florida. We also provide them with great benefits and free education. So I’m going to finish what is obviously kind of a long answer by asking one question: Does the state want us to invest more, employ more people and pay more taxes, or not?””
The Walt Disney Company has canceled a billion-dollar development in Orlando.
The project, known as the Lake Nona Town Center, was supposed to involve the relocation of more than 1,000 employees from Southern California. Disney initially announced the project in 2021 due to “Florida’s business-friendly climate.”
The cancelation comes as Disney executives have recently blasted the state as anti-business amid an ongoing feud with Gov. Ron DeSantis. The company spoke out against the state’s Parental Rights in Education Bill, prompting the state legislature to strip Disney of special privileges granted to the company in the Reedy Creek Improvement District. Disney sued the governor and state on May 2, accusing the state of harassing the company for exercising its first amendment rights.
Josh D’Amaro, Disney’s theme park and consumer product chairman, sent an email Thursday to company workers announcing that the Lake Nona project has been canceled. It would have brought more than 2,000 jobs to the region, with $120,000 as the average salary, according to an estimate from the Florida Department of Economic Opportunity.