On December 23, 2019, Orange County Records show that Walt Disney World has purchased 230+ acres of land near their golf courses.
According to the Orlando Business Journal, the Walt Disney Company purchased the land for $6 million, or roughly $25,531 per acre, from Winter Garden-based Lake Reedy LLC.
The land sits across from Disney’s Oak Trail, Palm and Magnolia Golf Courses.
At this time there is no word on what the land will be used for if anything. It’s possible Disney is making sure that outside businesses stay out.
The newly purchased land is near the Flamingo Crossing Shopping Mall.
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