It all started in 1965, when, looking to parlay the success of Disneyland into another year-round theme park, Walt Disney and his business partners purchased 27,000 acres (approximately 40 square miles) of land in Orlando, Florida.
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As the largest landowner in the region, which was recently renamed the Central Florida Tourism Oversight District, Disney maintained a de facto control over the previous board. DeSantis also alleges the February declaration may not be legally binding, citing unnamed legal counsel.
(Photo courtesy of Four Seasons Resort Orlando.) Golden Oak is the only residential space actually on Disney property. It even has its own designation on mailing addresses: Golden Oak, FL. Also in the neighborhood is Orlando's five-star hotel, the Four Seasons.
In short, they generate a lot of tax revenue. Disney says it paid and collected more than $1.1 billion in state and local tax revenues in Florida last year. That's real money, more than a lot of line items in the state budget.
In 1964, Walt Disney used fake companies and secret deals to begin quietly snapping up the land in Central Florida that would later become Walt Disney World. Those shenenigans allowed him to purchase acres upon acres of swamp without suspicion, while keeping prices low.
Very roughly, it would take at the very least $12.3 billion in today's dollars to build out the Walt Disney World property to its current state. And note that this answer is roughly six years old. So even if they did decide to leave Florida, it would take them decades and billions to rebuild.
Disney didn't respond to a request for comment on the average pricing of the homes or on how many it ended up building in the community, but houses reportedly start at $2 million and go up to almost $8 million, according to Florida real estate agents.
The utilidors have been referred to as an underground city, the functions of which include: Waste removal: The Magic Kingdom uses an automated vacuum collection (AVAC) system for waste removal. Custodians remove trash from the park twenty-four hours a day, then dump it into AVAC system processors throughout the park.