The statue of Walt Disney and Mickey Mouse at Cinderella Castle at the Magic Kingdom, at Walt Disney World, in Lake Buena Vista, Florida.
Walt Disney World's Magic Kingdom.
  • Central Florida's tourism oversight district will soon vote on a development plan with Disney.
  • The plan would greenlight $17 billion in development at Walt Disney World over 10 to 20 years.
  • It could herald the arrival of the much-rumored "fifth theme park" in Florida.

Rumors that Walt Disney World might build a fifth theme park in Central Florida have persisted for years. Now, there's some good news for anyone hoping those rumors are true.

A potential new development agreement between Central Florida's tourism board and The Walt Disney Company could usher in the rumored expansion.