If you’re interested in Florida real estate, you have most likely wondered, “How much land does Disney own?” We at Fast Payday Loans, Inc. are here to tell you this interesting story of Disney’s land ownership for their Florida property.

When did Walt Disney buy all this land, and for how much? Why are there so many empty acres on the territory, and is it true that Disney World has its own government? Find out that and also how you can use a payday loan to handle a financial emergency in Florida.

How Much Land Does Disney Actually Own in Florida?

Walt Disney World covers around 27,520 acres of land in Orlando. That’s about 43 square miles, which is close to the size of San Francisco.

Rumor has it that in 1965, Walt Disney and his business partners paid only $5 million for the giant piece of land, which roughly translates to $40 million today.

Walt Disney always dreamed of creating a completely contained theme park where visitors could enter a magical world that didn’t resemble the harsh outside world. After how things went in California, he bought the land in Florida with this intention.

Disneyland Led To Walt Disney Buying Up Land In Florida

In the 1950s, he already built a theme park in Anaheim. Soon, Walt Disney realized that the land he had bought was not enough to realize his dream. Soon after Disneyland opened, it was surrounded by tourist shops and tacky hotels.

Disney learned from his own mistakes, and very soon, the team of Imagineers embarked on a secret mission to find a location for a second park.

The History of Walt Disney World

In the 1960s, Walt Disney bought thousands of acres of land for cheap by setting up ‘dummy’ corporations, which are false companies created by a larger company. He continued purchasing pieces of land that seemed pretty worthless, as they included scrub forests, groves, and swampland.

Only in 1965 was it revealed that Walt Disney was behind all these purchases, and from that very moment, the prices on the land in the area jumped over 1000%.

The local authorities knew that a new theme park would create thousands of jobs and boost the region’s economy quickly. This was one of the reasons why Disney was allowed to create its own autonomous government.

Why Is There So Much Empty Land In Florida?

The Reedy Creeks Improvement District was established in 1967. Today, Reedy Creek includes two cities: Bay Lake and Lake Buena Vista. It can sell tax-free bonds, write its own building codes, and so on. If the area’s governing body has that many freedoms, why does over 60% of land remain undeveloped?

Walt Disney himself created a 7,500-acre Conservation area fifty years ago. Such a decision would help preserve the area's flora and fauna. The state’s legislation also prohibits building on certain parts of the territory (on certain types of wetlands, for example).

Furthermore, there are areas where it would simply be impossible to build something for entertainment purposes. In fact, nearly 65% of Disney’s undeveloped land is identified as ‘unsustainable for building.’

Though Reedy Creek plans to continue developing some vacant land that is ‘suitable for development,’ the chances are high that more than half of all land will stay totally undeveloped forever.

Paying For Financial Emergencies With A Florida Payday Loan

Unfortunately, you likely do not have the amount of money Walt Disney spent to buy thousands of acres and build Disney World. You have to save your money to handle financial emergencies, such as medical bills, home or auto repairs, or unexpected travel expenses.

However, these financial emergencies can come out of nowhere, and you may not have time to prepare financially. You may have to pay these urgent bills but not have the money available to afford them. Fast Payday Loans, Inc. in Florida can help you with FL payday loans that can give you up to $1,000.

We allow our potential borrowers to start the process online and meet one of our loan representatives at a location convenient to their schedule, such as their home or office. You only need the following required items to get approved:  your driver’s license or other photo ID, your most recent pay stub, and a blank check from an active checking account in your name.

If you have these items, you can find out if you can get approved and get the fast emergency money to pay your urgent bills the same day you begin the process or the next business day.

Pay for Financial Emergencies With Help From Fast Payday Loans, Inc.

You might have been surprised to find out the answer to the question, "How much land does Disney own?" especially if you’re interested in Florida real estate. Sometimes, it becomes hard to dream big and live a truly magical life like Walt Disney when you’re going through a financially challenging period. For times like that, Fast Payday Loans, Inc. has got your back.

With us, you might qualify for a payday loan in 30 minutes and receive up to $1,000 quickly. Fill out our online inquiry form right now and hear back from a friendly representative soon to learn how to secure a Florida payday loan.

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.