Florida Governor Ron DeSantis' office responds to Disney abandoning plans for Lake Nona campus

17 days ago in "The Walt Disney Company"

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Disney's abandoned Lake Nona campus

Posted: Thursday May 18, 2023 4:20pm ET by WDWMAGIC Staff

The office of Florida Governor Ron DeSantis has released a brief statement in response to the news that Disney has abandoned its plans to build a massive east coast headquarters complex in Lake Nona.

DeSantis' press secretary, Jeremy Redfern, has told local news outlets that, "Disney announced the possibility of a Lake Nona campus nearly two years ago. Nothing ever came of the project, and the state was unsure whether it would come to fruition."

He continued, "Given the company's financial straits, falling market cap and declining stock price, it is unsurprising that they would restructure their business operations and cancel unsuccessful ventures."

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Aries19752 days ago

^^^^ This 100% I am not a realtor, or in sales of any sort. But if I had a business relationship with someone who may need my services, it would be advisable to contact them.

mkt12 days ago

Many thousands with remote jobs did just this. Even Florida at its most expensive is still comparatively cheaper than NYC or Socal/SF, especially if you’re earning NYC/Socal/SF wages.

Lilofan12 days ago

FL/GA stateline, law enforcement stopping vehicles with NJ/NY plates from entering the Sunshine State during summer 2020.

pdude8112 days ago

You don't think that transferring (presumably) good jobs to a lower cost of living state when the company is willing to pay for relocation might have factored in? It would be a rather odd route to go get a job in Anaheim if you really wanted to live and work in Florida. I would say that article might have more to do with a realtor cold calling people he recently got a commission from trying to get them to sell their houses near Orlando, and they told him to take a hike.

drizgirl12 days ago

During Covid many did just that.

MrMichaelJames12 days ago

I hate to say it but those that moved from CA to FL probably did it more for the political environment in FL compared to CA and because it is something they believe in more than the Disney or job aspect. No one just ups and moves all the way across the country for cost of living issues before a job is actually there.

mkt14 days ago

Probably due to cost of living issues.

JMcMahonEsq14 days ago

You have an interested author to be sure. But in general would it be surprising that people who were the first ones to make the move, would rather stay in Florida, rather than uproot again and move across the country for a second time?

WDWFanRay14 days ago

Since everything on this mornings Realtor feed was about how to respond positively to questions about the Disney pullout, I’m going to say that this story, written by a real estate agent, should probably be taken with a grain of salt. I think very few would cutoff their guaranteed $132,000 (average relocated workers pay) job in California, to gamble to find something similar in Florida, especially with the higher paying jobs starting to dry up here.

Figgy114 days ago

That and several who have made the move even if off record

Figgy114 days ago

Just me but I trust nothing a realtor says. I want everything from them in writing, under oath and notarized. One who makes Youtube videos about how wonderful a location is maybe less so. That said there may be some truth to what he said as they did move well before any deadline and before ground was broken

Brian14 days ago

I'd guess he's speaking to his experience, but he almost certainly doesn't have each of the people who made the move as one of his clients. I'd have preferred to see the author of the article get at least one other real estate agent in on the conversation.

lazyboy97o14 days ago

It would make sense. These are the people who agreed to make the move and do it early before the campus was built. Although making an article out of one real estate agent’s discussions with past clients seems a bit silly. How many people out of 200 is this person actually talking with?

EPCOT-O.G.14 days ago

He’s a realtor, so some boosterism for the vibrancy of the local real estate market is to be expected. I think this is also the guy that, every few months, signal boosts the EPCOT hotel stuff.