Disney has decided not to move forward with the construction of its Lake Nona campus in Florida, company announces.
May 18, 2023, 2:27 PMPeople gather at the Magic Kingdom theme park before the"Festival of Fantasy" parade at Walt Disney World in Orlando, Fla., July 30, 2022.Disney announced on Thursday that it canceled plans for a new campus near Orlando, Florida.
People gather at the Magic Kingdom theme park before the"Festival of Fantasy" parade at Walt Disney World in Orlando, Fla., July 30, 2022."We have plans to invest $17 billion and create 13,000 jobs over the next ten years," the memo said. "I hope we're able to do so."Disney is the parent company of ABC News.
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