Unicorp plots $125M project on Disney-owned land

Unicorp National Developments Inc., one of the most prominent Orlando-based developers, is “under agreement” for 33 acres of Walt Disney Co.-owned land in Celebration, President Chuck Whittall told Orlando Business Journal.

The property, in near World Drive and Interstate 4, may be the future home of a large $125 million entertainment concept, hotel and restaurants, he said.

Whittall described the location as “A-plus,” but declined to give further details. Whittall and Unicorp presented future project plans on April 10 at Retail Live, a networking event at Orlando World Center Marriott. No renderings were immediately available. A general contractor and architect haven’t been selected.

Burbank, California-based Disney (NYSE: DIS) couldn’t be reached for comment.

It’s the latest Unicorp project proposed in the tourist corridor. The developer also plans to build the $1 billion O-Town West — a 200-acre development that will feature shops, restaurants, entertainment venues, a thrill ride, roughly 1,600 apartments and a $40 million office tower.

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