Now, more than 50 years later, a more urban part of Disney’s utopian idealism is taking shape. The company is announcing a new project to augment its vast theme park and resort development with 1,300 units of affordable housing, set on 80 acres of land right next to Disney World. — Fast Company
The Walt Disney Company is hoping to work with an unnamed third-party affordable housing developer to build the project. The units will be available to income-qualifying candidates from the general public and Disney employees. This initiative comes as Orlando-area rents are increasing, with the number of residents paying more than a third of their income on rent among the highest in the country. As noted by Fast Company, a 2019 National Low Income Housing Coalition report named Orlando the worst city in the country for affordable housing.
This is just one of several planned developments Disney has recently slated. Last year, the entertainment company announced plans to build a regional Orlando campus called Lake Nona for relocated employees from California. And, earlier this year, they unveiled designs for a master-planned community in the Coachella Valley that would feature Disney-themed neighborhoods.
No Comments
Block this user
Are you sure you want to block this user and hide all related comments throughout the site?
Archinect
This is your first comment on Archinect. Your comment will be visible once approved.