Walt Disney World the district was allowed to issue tax-exempt bonds for public projects within the district, despite the sole beneficiary being Walt Disney Productions. The district soon began construction of drainage canals, and Disney built the first roads and the Magic Kingdom. The Contemporary Resort Hotel and Polynesian Village were also completed in time for the park's opening on October 1, 1971. The Palm and Magnolia golf courses near Magic Kingdom had opened a few weeks before, while Fort Wilderness opened a month later. 24 days after the park opened, Roy O. Disney dedicated the property and declared that it would be
Orlando, Florida area has a $13.4 billion technology industry employing 53,000 people; and is a nationally recognized cluster of innovation in digital media, agricultural technology, aviation, aerospace, and software design. More than 150 international companies, representing approximately 20 countries, have facilities in Metro Orlando. Orlando has the 7th-largest research park in the country, Central Florida Research Park, with over . It is home to over 120 companies, employs more than 8,500 people, and is the hub of the nation's military simulation and training programs. Near the end of each year, the Orange County Convention Center hosts the world's largest modeling and simulation