Disney has purchased more than 230 acres of land just west of Magic Kingdom, according to Orange County records.
Disney subsidiary Compass Rose Corp. purchased the land from Winter Garden-based Lake Reedy LLC earlier this month, documents released Monday reveal. The 235-acre property is located near Reedy Lake, which is just northwest of Disney’s Oak Trail Golf Course. It also sits near the site of Disney’s large solar farm off State Road 429.
This is the second big land purchase Disney has made this year. In January, the company’s Celebration Place LLC purchased more than 1,500 acres in Osceola County for $11 million. The property, which came from the estate of Frank E. Brown, is adjacent to the 965-acre BK Ranch Disney purchased at the end of 2018.
Disney has not revealed what it plans to do with the newly-purchased land. What are your thoughts? Do you think Disney is building a 5th theme park?