Disney Sets Opening Date For Affordable Housing Complex Near Walt Disney World
As Disney continues to battle with Govenor Ron DeSantis and the State of Florida, Walt Disney World is working on developing nearly 80 acres of land for affordable and obtainable housing.
The project was originally announced last year, as part of Disney’s broader efforts to create a lasting impact in Central Florida.
An Update on the Project
In a recent update, Disney revealed that they planned to construct over 1,400 total units, which is 100 more than expected.
The project is being spearheaded by The Michaels Organization, a nationally recognized developer, and will be located just a few miles away from both Magic Kingdom and the Flamingo Crossings Town Center.
Yesterday, Disney announced that the groundbreaking is now targeted for next year. The first units however are still anticipated to be completed by 2026.
The affordable housing complex will be privately financed, and limited applicants within a certain income range can qualify.
Disney and Michaels Hope To Inspire
Earlier this week, Walt Disney World president Jeff Vahle and a Disney team met with leaders from Michaels Organization in Florida. The group discussed how the development could inspire others in the community to support affordable housing in innovative ways.
“We are invested in working together with our community to solve complex issues,” said Vahle. “The lack of affordable housing is affecting many people across our country, including right here in Central Florida. With this initiative, we’re lending a hand to make a real and meaningful impact in our community by tapping into the best of our company’s strengths. This is the right opportunity and the right time to take action.”
As always, continue to check back with MickeyBlog. We will continue to bring you updates on all the happenings in and around Walt Disney World.
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