Orlando, Florida, November 16, 1965: There have been rampant rumors for weeks surrounding who has bought over 27,000 acres of land around Buena Vista over the past several years. Some speculated McDonnell-Douglas. Others speculated Ford Motors.
It has been an extremely well-kept secret. But, all was revealed in a press conference at the Cherry Plaza Hotel, here, yesterday. The buyer is none other than the creator of Mickey Mouse himself, Walt Disney.
Disney will build a bigger version of his Disneyland park in Anaheim, California, which opened in 1955. This new park will be called Walt Disney World–150 times larger than Disneyland.