Disney in talks to build a new community in Lake Nona, Florida

According to the Orlando Business Journal, The Walt Disney Company and Tavistock Development Co. LLC are in talks to build a residential and commercial community in Lake Nona, Florida. The deal is still in the early stages, so it may not materialize.

Tavistock is currently preparing to develop 4,192 residential units and 2.4 million square feet of non-residential space in the Lake Nona community, which may be the location for this Disney community.

Of course, this wouldn’t be the first Disney community in the Orlando area. Disney developed Celebration, Florida near Walt Disney World and Golden Oak within the Walt Disney World property. Flamingo Crossings Town Center is currently under construction and is opening in phases. A Lake Nona community would be the furthest from Walt Disney World, approximately 18 miles.

Earlier this year, we reported that Disney was working with Tavistock to possibly move some divisions from California to Lake Nona.

Source: Orlando Business Journal

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