The deal between Walt Disney World and Tavistock Development to buy 60 acres next to Lake Nona’s Medical City is more than just a real-estate deal. Disney’s intention is to transfer some 2,000 Disney employees from California to Orlando at an average annual wage of $120,000. That is not insignificant. When news broke on Nov. 15, 1965, that Walt Disney was exploring Central Florida for a new theme park, it was a pivotal catalyst for our meteoric rise in tourism. While this deal may not be pivotal, it certainly augments the ongoing year-over-year improvement in Central Florida’s standard of living.
Photo: www.lakenona.com & www.disney.com