The Walt Disney Company has just purchased a lot of land for the new offices in Lake Nona, near Walt Disney World Resort in Florida.

Per a report by the Orlando Business Journal, Dynamic Campus LLC, an entity related to The Walt Disney Company (based in Burbank, California, just around an hour north of Disneyland Resort in Anaheim), purchased nearly 60 acres of land in Lake Nona, Florida, for around $46 million. That’s approximately roughly $766,666 an acre, according to Orange County records. OBJ notes that Disney has not commented on the recent purchase.

We’ve been keeping tabs on Disney’s move to Florida for some time now. In July, The Walt Disney Company announced plans to move approximately 2,000 jobs from California to Florida. Disney stated that these 2,000 jobs will be relocated to the master-planned community in Lake Nona over the course of the next 18 months — which would be through around the end of 2022.

But some reports indicate that this is just the beginning. In the future, it’s unclear exactly how many of Disney’s corporate jobs will be located in Florida, but sources predict that most jobs not related to Disneyland Resort in Anaheim, California, will be based in Florida later on down the line. However, it’s important to note that at this time, the Disney company headquarters are still located in California.

For context, 60 acres is a lot of land — Magic Kingdom Park, for example, is around 107 acres. So it’s safe to say that this Lake Nona campus will be large enough to accommodate for thousands of jobs.

“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,” said Disney Parks, Experiences and Products Chairman Josh D’Amaro over the summer. “This new regional campus gives us the opportunity to consolidate our teams and be more collaborative and impactful both from a creative and operational standpoint.”

We’ll share more information on Disney’s move to Florida in the future.

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