Disney and DeSantis End Conflict , With Deal on 15-Year Expansion Plan.<br />Disney and DeSantis End Conflict , With Deal on 15-Year Expansion Plan.<br />Disney and the Florida governor have been at odds since 2022, when Disney's former CEO, Bob Chapek, criticized Florida's "Don't Say Gay" law.<br />Disney and the Florida governor have been at odds since 2022, when Disney's former CEO, Bob Chapek, criticized Florida's "Don't Say Gay" law.<br />From that point on, Gov. DeSantis seemed to do whatever he could to make it difficult for Disney to operate and expand in Florida.<br />But the two parties have finally reached an agreement to end their feud, Reuters reports. .<br />The Walt Disney World Resort will <br />be allowed to continue development in <br />the Orlando area for the next 15 years.<br />The company said it would shell <br />out at least $8 billion over 10 years, .<br />and $17 billion over the next 10 to 20 years. .<br />Disney will also grow its affordable housing <br />initiative and make sure that at least half of its spending for the project goes to Florida businesses.<br />Additionally, the company will <br />be allowed to build another theme park, <br />add more retail and office spaces...<br />and expand its hotel rooms by about 14,000.<br />Disney President Jeff Vahle issued a statement.<br />This new development agreement <br />paves the way for us to invest billions <br />of dollars in Walt Disney World Resort, , Jeff Vahle, Disney president, via statement .<br />... supporting the growth of this global <br />destination, fueling the Florida economy, and <br />allowing us to deliver even more memorable <br />and extraordinary experiences for our guests, Jeff Vahle, Disney president, via statement
