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After years of speculation about the possibility of a 5th major theme park at Walt Disney World, we may have a bit of insight to the possibility in the future. At the Central Florida Tourism Oversight District board meeting on June 12, a 15-year development agreement between the district and Walt Disney Parks & Resorts, Inc was approved by the board. What does this mean for the short and longer-term vision of capital improvements and park development?

Highlights:

  • Disney plans to invest up to $17 billion for capital improvements over the next 10 to 20 years, with an initial commitment of $8 billion over the next 10 years.
  • The agreement allows Disney to construct a 5th major theme park and two additional minor parks, such as a water park.
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A closer look at the hints, rumors, and real clues pointing to what may take shape beyond Big Thunder in Central Florida’s most iconic park

Disney's Magic Kingdom in Central Florida has long captivated visitors with its iconic attractions, from Big Thunder Mountain Railroad to The Haunted Mansion. With Universal's new theme park, Epic Universe on the horizon, Disney fans have been wondering when the next big announcement for expansions or new concepts would come. Now, a monumental expansion is on the horizon, promising to redefine the theme park experience once again.


At a recent media event, Michael Hundgen, Walt Disney World's site portfolio executive, unveiled plans for what he described as "probably the largest expansion ever at…

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