Florida authorities have unanimously approved a plan by Walt Disney World to invest $17 billion in a multi-year development plan as tensions between the parties subside following an extended dispute.
Concretely, the Central Florida Tourism Oversight District board allowed for the company to embark on the 15-year project without the interference from state politicians. It involves the building of a fifth major theme park and two additional minor ones, as well as increasing its hotel capacity by over 25% to some 53,000 rooms and retail and restaurant space by more than 20%.
