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
Walt Disney Parks and Resorts wetland, on April 23, 1993, the company agreed to form a wilderness preserve in Florida. The Disney Inn hotel was leased starting February 1, 1994, by the US Army, then purchased on January 12, 1996, and later renamed Shades of Green. Planet Hollywood opened a location in Pleasure Island on December 17, 1994. The third water park at Walt Disney World, Disney's Blizzard Beach, opened on April 1, 1995. The Magic Kingdom's Tomorrowland was completely refurbished and reopened in June, 1995. Taking up a corner of the Magic Kingdom parking lot, the Walt Disney World Speedway opened on November 28,