Tag Archives: disney expansion
This article comes to us from the Wall Street Journal.
French theme-park operator Euro Disney SCA has received permission from the French government to enlarge its operations, adding a third theme park, a new housing development and a vacation village.
The company, which is 47% owned by Walt Disney Co., on Tuesday said it will sign an amendment to its 1987 founding agreement with French authorities enabling it to extend its perimeter and operations. Euro Disney, which has struggled financially, said it will be allowed to increase the perimeter of the operations to 2,230 hectares, or slightly more than 5,508 acres, from 1,943 hectares, or about 4,800 acres.
In addition to paving the way for the third theme park, the amendment to the original agreement allows Euro Disney to invest in new housing developments in the Val d’Europe region, in the Paris suburbs, and develop a new vacation village project, Les Villages Nature de Val d’Europe. The theme of the project would be a sustainable development and it would be carried out in partnership with real estate group Pierre & Vacances, Euro Disney said.
Les Villages Nature de Val d’Europe, which will be launched depending on market conditions, would be developed in phases up to approximately 500 hectares within a 20-year time frame, the group said.
By 2030, projects within the new perimeter could generate an approximate investment of €8 billion ($10.3 billion) by various tourist and urban developers, including €1.8 billion for Les Villages Nature de Val d’Europe, it said.
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Here is an article from Heather Leigh Carroll-Landon from the Examiner talking about the changes that are underway at Fantasyland in the Walt Disneyworld Resort.
One of the largest refurbishment projects Walt Disney World has taken on is the expansion of Fantasyland in the Magic Kingdom Park. During this expansion rides will be updated and refurbished, new attractions added and some old ones will become only a memory. Phase one of the Fantasyland Expansion is underway and is scheduled be completed 2013.
Walt Disney World has filed it permits with Orange County, contracts have been awarded and some preparations have begun. Some construction walls are up in an effort to hide the work behind the scenes from guests.
Here is a refresher of what can be expected from the Fantasyland Expansion project:
· Princesses-in-waiting will be able to visit her favorite Princess in her castle, cottage or château. Guests can share a dance with Cinderella, celebrate Sleeping Beauty’s birthday or listen to Belle tell a story.
· Be Our Guest and enjoy dining in one of three enchanted rooms at the Beast’s castle.
· Fly with Dumbo on his new, twice the original size, ride.
· Journey under the sea with Ariel in her new interactive area.
· Meet Tinker Bell and the other fairies at the newly added Pixie Hollow.
· Mickey’s Toon Town Fair will be removed to make room for the expansion.
· The Barnstormer from Mickey’s Toon Town Fair is expected to be re-themed and placed in the Dumbo’s Circus area.
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Walt Disney World may one day add a fifth theme park. But it wonâ€™t happen in the next five years.
At least, thatâ€™s according to projections by planners at the Reedy Creek Improvement District, the semi-autonomous government that oversees Disney World.
Reedy Creek is in the midst of updating its 10-year growth plan for state regulators, which includes â€œprojected maximumsâ€ in various categories. Reedy Creekâ€™s new projections show no major theme park being added between 2009 and 2013.
On the other hand, Reedy Creekâ€™s new maximums do allow for one major new theme park to be added during the following five years, through 2018. But Reedy Creek officials stress the projections are essentially long-term guess work and not based on Disneyâ€™s internal development plans. (Itâ€™s also worth noting that Reedy Creekâ€™s previous 10-year forecast, submitted in 1998, also allowed for a fifth theme park to be built; obviously, none ever was.)
The updated projections offer a few other interesting glimpses at how Disney World has grown over the last 10 years and how it might grow over the next 10.
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