News

Posted 10/07/2025 by Experience UK

Walt Disney World Cleared to Develop Three New Theme Parks Under $17 Billion Plan

Walt Disney World has secured approval to significantly expand its theme park footprint in Central Florida, following the ratification of a $17 billion development agreement with the Central Florida Tourism Oversight District. Under the terms of the Comprehensive Plan 2045, Disney is now authorised to build one major theme park and two minor parks over the next two decades.

This strategic roadmap supports phased expansion across 2,629 acres of land through 2045. The plan outlines a new minor park to be operational by 2030, followed by a second minor park by 2035. A larger-scale theme park is projected to open between 2035 and 2045. The upcoming additions reflect a broader strategy to accommodate long-term attendance growth and introduce new content-driven environments.

Major and Minor Parks Designed for Distinct Visitor Patterns

The newly approved parks will differ in scope and function. The major theme park, estimated to span approximately 550 acres, will cater to multi-day visitors and integrate with Disney’s broader resort infrastructure. The two minor parks, each about 300 acres, are designed for shorter, single-day experiences and are expected to provide more flexible visitor options and operational scalability.

This diversification in park types allows for more nuanced guest segmentation and resource planning. It also offers Disney the ability to pilot emerging IP-based experiences and experimental formats within the more compact minor park spaces.

With these additions, Walt Disney World’s total annual attendance is projected to reach nearly 100 million by 2045, nearly doubling its 2023 figure of 51.2 million recorded visits across its four theme parks and two water parks, based on TEA/AECOM data.

Development Agreement Unlocks Investment and Growth

The $17 billion deal, approved in mid-2024, gives Disney the green light to invest in infrastructure, build new themed environments, and develop complementary resort amenities over the next 10 to 20 years. The agreement also establishes a framework for public-private collaboration on transportation, utilities and economic development in the region.

The development plan follows a high-profile dispute between Disney and Florida’s state leadership over governance of the Walt Disney World special district. A settlement reached in early 2024 resolved the issue, allowing for new agreements to move forward.

The latest development strategy represents one of the largest capital investment plans in the resort’s history and positions Walt Disney World as a long-term economic engine for the state.

Strategic Implications for the Attractions Industry

From a B2B perspective, Disney’s approved expansion presents new opportunities across the global attractions supply chain, including design, engineering, fabrication, operations, and technology providers. With three distinct parks in the pipeline, the scope for R&D, talent sourcing, and international collaboration is substantial.

Moreover, the expansion underscores the continued resilience of the theme park sector, particularly for established operators with strong intellectual property portfolios and global brand recognition. As Disney prepares to scale, its Florida investment offers a critical signal for the sector: destination-scale experiences remain a cornerstone of leisure strategy in the decades ahead.

This plan reinforces Disney’s role as a bellwether in immersive entertainment development and highlights Central Florida’s continued relevance as a global destination for theme park innovation.