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2018-12-21  16:32

CIJ USA

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Disney buys raw land in Osceola County for $23m

/uploads/posts/85b517a19a0463a1cecafd0d5946d0b4c5f6091a/images/Walt Disney Company Logo 2.png

The Walt Disney Company paid $23m for 965 acres of raw land in Osceola County, Florida. The land is located just southeast of Walt Disney World, near near Disney's master-planned community, Celebration. The property, formerly the the site of BK Ranch, is currently zoned for 3,000 homes, a community center, park areas as well as commercial and office space. However, the property’s court-appointed receiver, Jerry McGratty, said Disney wants to use the land for conservation and water management. The seller was BFT Capital Corp.

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