Everyone is taking this with a healthy grain of salt. I am surprised that Walt Disney World’s biggest geographic expansion hasn’t been mentioned. Just south of this new parcel, Disney has created a massive 270 acre new solar farm. While Galaxy’s Edge and Pandora are more exciting, the solar farm has involved clearing the most land in decades. It’s quietly been taking shape on the western side of the resort. I wouldn’t be shocked if many guests never know about this project (not to be confused with the ugly Mickey by Epcot that is a fraction of the size).
Now its proximity to the solar project is interesting. Not necessarily definitive, but it seems the two might be related. These are my guesses for the property...
1) Disney saw the property for sale at a good price. Disney or the RCID pull the trigger and buy the property. It may never be developed, but it’s useful to own for proper wildlife and water management. Disney constantly has to balance worries of flooding when developing. Bringing this property in (that abuts a lake) helps them manage water. It was a small price to pay for greater flexibility. This might have been spurred by the solar farm. Development nearby might have put a strain on drainage.
2) The solar farm is being expanded and adjacent space will be included. Before retirement, Iger will announce a commitment to be a carbon neutral by x year. With this solar expansion and other efforts, WDW will be completely powered by onsite renewables. Or something to that effect. They have some new show buildings they can use too!
Those are my guesses. They really shouldn’t need more offsets to expand existing parks.