Details Revealed of New Disney and Central Florida Tourism Oversight District Development Agreement

Details about the new development agreement between Walt Disney World and the Central Florida Tourism Oversight District are out. The agreement comes after the two parties reached a settlement in their ongoing lawsuits.

Disney and Oversight District Agreement

CFTOD logo and Disney Springs

Per the 15-year agreement, Walt Disney World will invest $17 billion in the development of its properties in the District over the next 10 – 20 years. They must invest at least $8 billion within the first 10 years.

Disney will create a local business hiring program for all goods and services related to design, development, and construction. This program includes awarding a minimum of 50% of the value of all construction work to Florida businesses.

They will also fund a minimum of $10 million in attainable housing projects.

Disney will provide annual reports on capital expenditure investments.

The District will oversee the use of taxpayer funds. They will continue to provide infrastructure to support growth and ensure landowners support projects at an amount equal to their impact.

Disney and the District must both agree to any changes to the development agreement.

Upon board approval, the development agreement underscores CFTOD’s commitment to responsible oversight, public infrastructure, and long-term planning, ensuring taxpayer funds are used efficiently. With Walt Disney World’s substantial investments, we anticipate economic growth, job creation, and support for local businesses, alongside environmental stewardship and workforce housing initiatives, benefiting Central Florida’s community.

District Administrator Stephanie Kopelousos

The agreement will be discussed at the District’s June 5 Board meeting.

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More New Orleans Square and Critter Country Closures Due to Construction in Disneyland

Due to construction in New Orleans Square and Critter Country at Disneyland, some offerings in the area will temporarily close.

New Orleans Square and Critter Country Closures

A detailed map of Disneyland, featuring different themed areas including Star Wars: Galaxy’s Edge, Frontierland, Fantasyland, Critter Country, New Orleans Square, and the upcoming Tiana's Bayou Adventure.

The bridge connecting New Orleans Square and Star Wars: Galaxy’s Edge will temporarily close beginning on July 8. Guests can access Star Wars: Galaxy’s Edge via the Frontierland entrance.

The Disneyland Railroad station in New Orleans Square is unavailable for boarding and unloading, but the train continues to move through the station. Guests who need an accessible entrance can use the Mickey’s Toontown and Tomorrowland stations.

At Disneyland, the Hungry Bear Restaurant welcomes guests with a sign featuring a cartoon bear above the entrance of a rustic wooden building surrounded by trees. Below, you'll find pick-up windows and mobile order options for added convenience.

Hungry Bear Restaurant will close for kitchen refurbishments beginning on July 8. The nearby restrooms will also close. The nearest restrooms are in Black Spire Outpost at Star Wars: Galaxy’s Edge.

Davey Crockett’s Explorer Canoes and the Critter Country Fruit Cart will also temporarily close beginning on July 8.

Popcorn and churro carts in the area may be temporarily relocated during construction.

In New Orleans Square, The Haunted Mansion is closed for a grounds expansion. Most of Critter Country is closed for changes to match Tiana’s Bayou Adventure, which is under construction between the lands.

For more Disneyland Resort news and info, follow Disneyland News Today on TwitterFacebook, and Instagram. For Disney Parks news worldwide, visit WDWNT.

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Video: Lucasfilm’s Chief Creative Officer Dave Filoni Discusses “Star Wars: The Acolyte” with Creator Leslye Headland

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