Over the past several months, there have been numerous reports regarding The Walt Disney Company moving select business operations from California to Florida.
Now, the big cross-country move is officially happening! Orlando Business Journal confirmed that Disney will relocate approximately 2,000 jobs from the California headquarters to Lake Nona (a master-planned community in Orlando, FL) over the course of the next 18 months.
Per Orlando Business Journal:
Initially, the Disney campus will be home to imagineers and other professionals, but a specific site in Lake Nona has not been identified. The campus is expected to be a new building. A size wasn’t immediately known.
Most of the relocating professional roles will be related to Disney’s Parks, Experiences and Products division — which include theme parks — who are not fully dedicated to the Disneyland Resort. Walt Disney Co.’s headquarters will remain in California and the relocating jobs will represent less than 5% of the total number of Disney jobs in California.
The move is expected to have a major impact on the economy in the Lake Nona area. In a previous OBJ article before Disney’s move was confirmed, Central Florida real estate agent Peter Luu shared thoughts about how the company moving some of its business operations from the State of California would impact the Orlando area:
“It’s going to have a great impact, … The housing market is still doing well in Orlando. This would just be a boost.”
In today’s article, OBJ shared a brief statement from Disney Parks, Experiences and Products Chairman Josh D’Amaro:
“This new project will create a dynamic environment to support our expanding business — a brand-new regional campus which will be built in the vibrant Lake Nona community of Orlando.”
If you are interested in learning more about Lake Nona, you can visit the sleek new community’s official website, which features information about The Wave hotel (opening Fall 2021), the Verizon 5G Innovation Hub, and more.
Are you glad to hear Disney is moving major operations from California to Florida?