Walt Disney World Company Walt Disney World Company Walt Disney World Company was created in 1967 as the company that owned and operated Walt Disney World near Orlando, Florida. The resort opened in 1971 and the land was owned by Walt Disney World Company, Walt Disney Travel Company, and Walt Disney World Hospitality and Recreation Corporation. In 2009 the name was changed to Walt Disney Parks and Resorts U.S., Inc., a subsidiary of Walt Disney Parks, Experiences and Consumer Products a subsidiary of The Walt Disney Company, and is based in Lake Buena Vista, Florida. Reedy Creek Improvement District is the immediate governing jurisdiction
Orlando, Florida NTC Annex. That closed in 1995, and became a housing, though the former McCoy AFB still hosts a Navy Exchange, as well as National Guard and Reserve units for several branches of service. NTC Orlando was completely closed by the end of 1999. Base Realignment and Closure Commission, and converted into the Baldwin Park neighborhood. The Naval Air Warfare Center had moved to Central Florida Research Park near UCF in 1989. Perhaps the most critical event for Orlando's economy occurred in 1965 when Walt Disney announced plans to build Walt Disney World. Although Disney had considered the regions of Miami