Orlando Becoming East Coast Headquarters for Disney Parks, Experiences, and Products

[Disstevefan1]

I have to think that Disney took advantage of the opportunity to cut bait on that whole project when The governor decided to make a name for himself and go after Disney. The only thing that was hurt in that whole fiasco was the state of Florida via the Governor who was also negatively affected. They were already getting push back from those that would have been required to leave Cali and move to Florida to keep their jobs. Classic example of both Government and Big Business not thinking things beyond the moment.

I know some Imagineers had already planned to move from California to FL, but how many really would have done it? I heard most did not want to anyway, and I head folks in Dr. Philips did not want them there anyway?

 

[mkt]

I know some Imagineers had already planned to move from California to FL, but how many really would have done it? I heard most did not want to anyway, and I head folks in Dr. Philips did not want them there anyway?

What does Dr. Phillips have to do with that? Disney was going to open in lake Nona, the other side of town.

 

[mkt]

Maybe the high bar (price+insurance+interest rate) is why 8 months so not many can enter the market? I know they are packing them into Clearmont (are they? IDK) but not really a rosy outlook

Clermont and Minneola are somewhat transient still. I don’t know the specific numbers, plenty of people are leaving there as well.

The complaints I’ve heard are about the infrastructure not being designed to support a population boom, mediocre public schools compared to neighboring counties, and just being far from everything.

 

[Disstevefan1]

What does Dr. Phillips have to do with that? Disney was going to open in lake Nona, the other side of town.

Oh yes, I got mixed up, yes, it was the Lake Nona folks who did not want them there, but I have no receipts to prove that.

 

[Bullseye1967]

If Orlando's 17% commercial vacancy rate highlights the continued struggles, What is a "Good" commercial vacancy rate?

If too low or zero then it would be called "The lack of commercial space highlights the struggles.."

In theory you want 12% to 15%. to be a good market so it is not far off. Commercial properties are not one size fits all. Do I want an office with a reception, 2 offices and 1 suite, or do I want a reception, 4 offices, and 2 suites. Not every customer is looking for the same thing.