As of 2026, Disney is no longer relocating its corporate headquarters or the Imagineering division to Lake Nona, Florida. The massive $1 billion project, which would have seen 2,000 California-based employees move to a new campus near Orlando, was officially cancelled in mid-2023. This decision was cited as a result of "changing business conditions" and the company's then-contentious relationship with the Florida state government. While Disney remains the largest employer in Central Florida and is currently investing $17 billion over the next decade into expanding its Walt Disney World theme parks (including the "Beyond Big Thunder" and "Tropical Americas" projects), the corporate offices and creative Imagineering "hub" are staying firmly rooted in Glendale and Burbank, California. Any 2026 reports of a "new headquarters" in Florida usually refer to smaller satellite offices or the affordable housing project Disney is developing on 80 acres in Horizon West.