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
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,