Science Fair Project Encyclopedia
Walt Disney World Company
The Walt Disney World Company, along with Walt Disney Travel Company, Incorporated, the Walt Disney World Hospitality and Recreation Corporation and the Reedy Creek Improvement District, owns the land in the Walt Disney World Resort. These are all wholly-owned subsidiaries of the Walt Disney Company. The Walt Disney World Company also operates the two theme parks of the Disneyland Resort in Anaheim, California.
Compass East Corporation was incorporated in Delaware on December 7, 1964. On September 30, 1966, Latin-American Development and Management Corporation, Ayefour Corporation (a pun on Interstate 4), Tomahawk Properties, Incorporated, Reedy Creek Ranch, Incorporated, and Bay Lake Properties, Incorporated, all Florida corporations, were merged into Compass East Corporation. These companies were responsible for buying up the land that would become the Walt Disney World Resort; there were many to obscure the purpose of the companies.
The Reedy Creek Drainage District, later renamed the Reedy Creek Improvement District, was incorporated on May 13, 1966 to manage the land owned by the Compass East Corporation. Much more information is available in that article.
- Reedy Creek Improvement District
- Walt Disney Travel Company, Incorporated
- Walt Disney World Hospitality and Recreation Corporation
- Walt Disney World Resort
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