The bigger question I have is without the theme parks, why would anyone move to Orlando? That's a serious question. I get no snow, FL taxes, and halfway in between two coasts, but the pay in Florida isn't great, traffic is terrible, it's unbearable in the summer, and the bugs/alligators. It truly let's you know how important Disney is to the area.
With that being said, Pete seems like a smart businessman who is trying to diversify, but it makes me wonder where Orlando real estate is headed if you can't get into the parks, without being a guest, with the COVID restrictions.