Disney scraps $1B Florida development as war with Florida Gov DeSantis rages on

Disney reverses course on new Lake Nona, Florida, campus, citing ‘changing business conditions’ The tit-for-tat between The Walt Disney Company and Florida Gov. Ron DeSantis escalated further on Thursday, when the entertainment giant abandoned its plans for a new Florida campus in Orlando that would have brought some 2,000 jobs to the state. Josh D’Amaro, chairman of Disney Parks, Experiences and Products, told employees in a letter provided to FOX Business that the company is no longer moving forward with its office development in Lake Nona, citing “new leadership and changing business conditions.” According to The New York Times, which first reported the news, the project would have been a nearly $1 billion investment. Disney first revealed its plans for the Lake Nona campus in July 2021, when D’Amaro informed workers the company would move a few thousand employees from its California headquarters to the new location, praising “Florida’s business-friendly climate.”