raven
Well-Known Member
Not quite.
A little too much extra land actually. Now granted, I'm sure they made a tidy profit from selling off land that they got for dirt (no pun intended) cheap in the 1960's, but Disney's primary business isn't really about real estate. There's nothing to indicate that when Disney bought the land in the first place, they had any intention of holding onto it for few decades and then selling it. Universal, on the other hand, hasn't over-purchased land, and there's nothing to indicate that they wish they had bought more.
Like I said...Great planning!
Walt didn't want a repeat in Florida of what happened in California. They had no room to expand and the population grew up around them and locked them in. In Florida he bought enough acres (for cheap) that it wouldn't happen again. Part of the land was to be used for conservation and he planned to never develope it. But it acts as a buffer to the rest of the population unlike what they have in California.
But what do I know. I'm not truely a Disney fan.