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Disney Responds to 1.9 Billion Dollar Expansion

Disney Responds to 1.9 Billion Dollar Expansion

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“Nothing can stop us now” as Disney Parks receives approval for a huge expansion project. Disney confirms plans for this expansion that will allow for whole new lands of possibilities.

New Growth

How Soon Will We See Electric Cars at Disney?
Credit: D23

After an impressive second-quarter success for this fiscal year, Bob Iger, CEO of the Walt Disney Company, attributes this to the Disney Experiences division. This division includes both theme parks and consumer products.

Iger shares plans to “turbocharge” Disney experiences. Read more about this HERE.

There are many projects that Disney has announced both at Walt Disney World and at Disneyland. 

Approval for Expansion

Disneyland entrance
Credit: Donna

It is one thing to have big dreams and money for a project, and it is quite another to gain approval for big expansion plans. One thing that Walt Disney seemed to regret about Disneyland was the luxury of space.

When Walt Disney looked at his “Florida Project” he dreamed big and Walt Disney World now rests on 30,080 acres. With a little ingenuity and a lot of hard work, Disneyland developed a creative way to expand with the DisneylandForward initiative.

After several rounds of votes before the Anaheim City Council, last night the final approval was made. With this new “multi-use” zoning, Disneyland can now expand without purchasing new land.

The Walt Disney Company hopes that this new expansion will not only help the Disneyland Resort but it will also help to rebuild the economy of Anaheim.

Disney’s Response

Credit: Maggie

Disneyland President, Ken Potrock, responds to this unanimous vote, “The Anaheim City Council has given the final green light to Disneyland Forward, voting to approve our impactful legacy project!”

Ken Potrock

The DisneylandForward presentation years ago included concept art from Disney theme park projects around the globe. It offered “possibilities” of what future expansion could look like at the Disneyland Resort.

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Wednesday 8th of May 2024

Disney is drowning in debt over hulu, disney + ,and ESPN yet announcement of 1 + billion expansion , probably in DL. With lots of land purchased by Walt, no expansion announced for WDW, the cash cow . August D23 will bring lots of promises and as usual, Nothing for WDW, the park that accounts for 70% of Disney's profit. On a good note, Epic universal is going to be phenomenal.

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