Viewing a single comment thread. View all comments

lsjunior t1_jed4kjd wrote

Reply to comment by DevoutandHeretical in TIL that Walt Disney World began as "The Florida Project". Dummy corporations were used, by Walt Disney Productions, to buy up 27,000 acres of land to avoid bursts of land speculation in the Orlando area. Early rumors assumed possible development by NASA, Ford, the Rockefellers, and Howard Hughes. by jdward01

It was more so to keep the tourist traps and cheep motels out of site or at arms length, so to speak. Also, when Orlando sentinel broke the story, it was Disney buying up land the surrounding properties quadrupled in price.

7