James Norrie
Well-Known Member
All new Desks, Cubicles, Equipment, Networks, etc... Adds up quick
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Orlando Becoming East Coast Headquarters for Disney Parks, Experiences, and Products
- Thread starter The Visionary Soul
- Start date
A top to bottom organization requires policies to be followed and yes obedience , and follow the direction of your boss, etc . If not, look for employment elsewhere or be held accountable for not following and one's time there could be a short one.
flynnibus
Premium Member
Doesn't cost $150 million to build out a typical 100k sq ft white collar office. Office furnishings, etc would be millions.. not HUNDRED plus million.
James Norrie
Well-Known Member
But is it going to be "just" office space? R&D leans on the industrial side, and requires some hefty upfront investment, especially with the latest and greatest machines. I know WDI outsources their production to vendors, for the most part, but the R&D is mostly done in house.
flynnibus
Premium Member
I see alot more 'back office' then WDI in this equation....
James Norrie
Well-Known Member
I don't know, I've seen quite the chatter from some I know saying WDI will be heavily impacted by this, maybe not immediately, but mid-term...
lazyboy97o
Well-Known Member
Code assumed minimum is 150 SF per person for a Business occupancy.
2000 people x 150 SF/person = 300,000 SF
2000 people x 200 SF/person = 400,000 SF
It’s not unusual for high end offices to be at 200 SF/person. Even at 150 SF/person in the actual office space, it’s be easy to get up to 200 SF/person when you add in any sort of amenities.
The report is that they’re building near the minimum for 2,000 people to have office space but it would cost nearly quadruple the average for a new Class A mid rise.
the.dreamfinder
Well-Known Member
Except this was in the works back in 2019.
the.dreamfinder
Well-Known Member
This is WDI we’re talking about. Only the finest for those folks.
And when they are not needed, the regular WDI layoffs that happen again and again and again.
MagicHappens1971
Well-Known Member
Excuse me if I’m wrong, but the majority of these comments sound like they’re coming from people who don’t live in Florida and have never been more than 5 minutes outside of the Disney bubble…. Just my opinion. The debate about colleges, when Florida has several highly rated colleges, FSU & UF being in the top 20 public university’s in the country, and so many other aspects of Orlando, and just southern Florida in general is out of touch and off base..
JoeCamel
Well-Known Member
Sarasota is great if you like the arts, concerts, beach and the sprawl taking over all of coastal Florida. I lived there for a year and worked there for three.
It can be very nice if that's what you want. Expensive but nice.
You should see the chatter on the more Disneyland-focused boards. A bunch of snobby Californians who've never even BEEN to Florida giving their 80 cents on it.
My favorites are the ones who make Orlando out to be 19th century Deep South all because of state-level politics.It's nice to know they're already back on their feet after being fired from Jungle Cruise.
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MorphinePrince
Well-Known Member
All of the above is right up my alley. I've visited for two extended weekend getaways, which is certainly not a good indicator of how nice an area is to live. Hoping to spend some more time there next summer before we make the big decision.
Some extra details from OBJ -
"The Burbank, California-based company (NYSE: DIS) was approved for the state's capital investment tax credit, a program which requires capital investment of at least $25 million and at least 100 net new jobs, according to new details that have come out in the tax incentive documents.
Disney applied for the tax credit in December 2019 and was approved by the Florida Department of Economic Opportunity in February 2020, according to letters from the Florida Department of Economic Opportunity. Disney can get as much as $570 million through the program paid out over 20 years."
"A site was not identified on application documents, but the company expects to own, construct and operate a roughly 300,000- to 400,000-square-foot campus. Disney said it expects the campus to require an estimated $240 million in capital investment to construct over a three-year period.
Disney expects the total capital investment for the campus to be $864 million, including $624 million for other equipment such as computers and office furniture at the campus. In the tax incentive documents, Disney said the cost of the campus could exceed current projections."
"Other markets that Disney considered for the campus include Burbank/Glendale, California; New York City; and Bristol, Connecticut; where The Walt Disney Co.'s majority-owned ESPN is based. Disney said the incentives were an "integral part" of their site selection."
"The company said Lake Nona's advantages include nearby infrastructure such as available homes, schools not at capacity and proper commuter roads, as well as the state's lack of an income tax. The disadvantages it cited included the potential for disruption by moving the jobs away from its headquarters, loss of talent and the potential "poaching" of key executives by other firms."
"The Burbank, California-based company (NYSE: DIS) was approved for the state's capital investment tax credit, a program which requires capital investment of at least $25 million and at least 100 net new jobs, according to new details that have come out in the tax incentive documents.
Disney applied for the tax credit in December 2019 and was approved by the Florida Department of Economic Opportunity in February 2020, according to letters from the Florida Department of Economic Opportunity. Disney can get as much as $570 million through the program paid out over 20 years."
"A site was not identified on application documents, but the company expects to own, construct and operate a roughly 300,000- to 400,000-square-foot campus. Disney said it expects the campus to require an estimated $240 million in capital investment to construct over a three-year period.
Disney expects the total capital investment for the campus to be $864 million, including $624 million for other equipment such as computers and office furniture at the campus. In the tax incentive documents, Disney said the cost of the campus could exceed current projections."
"Other markets that Disney considered for the campus include Burbank/Glendale, California; New York City; and Bristol, Connecticut; where The Walt Disney Co.'s majority-owned ESPN is based. Disney said the incentives were an "integral part" of their site selection."
"The company said Lake Nona's advantages include nearby infrastructure such as available homes, schools not at capacity and proper commuter roads, as well as the state's lack of an income tax. The disadvantages it cited included the potential for disruption by moving the jobs away from its headquarters, loss of talent and the potential "poaching" of key executives by other firms."
JoeCamel
Well-Known Member
All the big acts seem to make a stop in Sarasota or Tampa. It gets pretty dead in the summer, lots of snowbirds, winter traffic is a pain but so is Orlando
el_super
Well-Known Member
flynnibus
Premium Member
My kid is going to school in Sarasota and I can't say the drive from Tampa is inspiring at all for how great FL is...
JoeCamel
Well-Known Member
Anywhere in Florida on interstate is deathly boring or frustrating. Destination is the draw
Also every few years drunken drivers drive the wrong way at night on I-4 Orange, Seminole , Osceola counties w/ horrific results.