The cancellation of the Lake Nona project affected George Fong's housing situation as he had already sold his childhood home in Los Angeles and moved to Florida. When the project was canceled, he was left with a seemingly unsellable home in Florida, and upon returning to California, he had to purchase a home with significantly less square footage than his previous one due to rising housing prices and mortgage rates1.
George Fong and Maria De La Cruz have filed a lawsuit against Disney, alleging that they were fraudulently induced to relocate to Florida for the company's Lake Nona campus project, which was later canceled12. They are seeking unspecified damages and have accused Disney of intentional misrepresentation, concealment, negligent misrepresentation, and solicitation of employee by misrepresentation.
The Disney Lake Nona project was initially planned to relocate 2,000 California-based employees to a $1 billion campus in Orlando, Florida1. The project aimed to take advantage of Florida's lower cost of living and state tax credits, while housing workers in digital technology, finance, and product development, including imagineering workers2.