DTD Parking Garage Sparks Controversy

[lockedoutlogic]

No, no and no . . . . . . . . .Total Disney (not just (WDW)revenue was 2012 - 42, 2011 - 40, 2010 - 38, 2009 - 36 billion with 1995 only being 12 billion
So given the slide backwards; no.
Over 40 years the average would have to be 25B to hit 1 trillion.

I got this one...

Your looking at Disney's earnings...

That is just the tip of the iceberg of economic impact.

Orlando was a town of 50,000 in 1965...based on that a reasonable estimate of the "suburbs" was probably 200-300,000 (that might be generous)

Now there are 300,000/2-3 million respectively.

The lions share of that is Disney. No economist, mayor, labor statistician, politician, or governor has EVER disputed that. Not once.

The only other catalyst ever acknowledged was the building of I-4...but Disney picked Orlando specifically because they knew it was being built and bisect the turnpike there.

No major private company has ever had this much impact in building a major city in this country. Indeed the history of the whole state - it can be argued - was significantly altered by Disney.

The Orlando chamber of commerce estimates 3/4 jobs are directly created by the tourism market. That market was created by Disney.
Orlando was a swamp...there were no beaches and golf courses and fish joints...it was nothing until the RETLAW purchases.

Disney drove the whole area...without them - no Seaworld, universal, I-Drive, 192, large scale airport, ridiculous sprawl of commercial/chain retail presence...

Housing, public sector, schools, hospitals, transportation...all grew out of the needs to supply the travel industry with labor...

And where did the travel industry come from?

Heck...the size of UCF and the Orlando magic...

Ok...I'm done

 

[KYMickey]

One of the biggest problem was the massive project even at the start (WDW was for 2 years the worlds biggest employer at 1 site) and the fact building codes in place by the local governments could in no way be used for the many new designs that WDW was building.

When were they the largest employer at one site? How many employees did they have at that time?

 

[lockedoutlogic]

When were they the largest employer at one site? How many employees did they have at that time?

The cost of original construction was estimated at 400,000,000 dollars...a massive sum in 1960s/1970s dollars. They used over 9,000 workers per day in the heaviest phase...the total number being much higher.

It was the largest private construction project in the world at the time...and I believe EPCOT eclipsed it in terms of cost...which stood for about 20 years.

Construction of Walt Disney world was truly massive...it's hard to quantify how much money hours, and muscle it took.

The whole area was primarily a "fertilizer farm" when it was bought in the 1960s. After the EPA was created in 72 and the passing of Superfund...it would probably have been classified as a "grey field" at a minimum. That's another term for a hazmat site.

WDW's is still the largest single site private employer in the US...and only eclipsed in the public sector by the pentagon...if I recall.

62,000 employees with one boss. That's not easy. Without reedy creek and home rule given in 1965...never would have happened. Or it would be about the size of universal today...whoop de do

 

[Tonka's Skipper]

No, no and no . . . . . . . . .Total Disney (not just (WDW)revenue was 2012 - 42, 2011 - 40, 2010 - 38, 2009 - 36 billion with 1995 only being 12 billion
So given the slide backwards; no.
Over 40 years the average would have to be 25B to hit 1 trillion.

Maybe I was not clear!

I believe the point was for the *REGION*..........but just Disney. Without Disney Orlando would still be a sleepy little city and the miles of surrounding swamps would still be just that.

AKK