Disney Buys Almost 1,000 Acres of Land Just South of Walt Disney World

New rumors arose: Disney is up to something. The Walt Disney Company purchased 965 acres of land southeast of Celebration, property records show. It is unclear what Disney plans to do with the newly purchased land.

According to recently filed documents, the company has purchased the site of the BK Ranch from Florida-based BFT Capital Corp. in Osceola County for $23 million. A deed shows the sale was finalized last Thursday. The land Disney purchased is located just southeast of Disney World, only 10 miles away, near Celebration, a master-planned community.

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