Walt Disney (NYSE:DIS) will be able to move forward on its biggest Disneyland expansion in decades after the company received a key city council approval. The council in Anaheim, Calif. (the longtime home of Disneyland) unanimously signed off on a plan that will see Disney spending $1.
Disney’s proposal for growing its theme parks in Anaheim received approval from the Anaheim City Council on Tuesday, a consequential vote that will shape the resort and city for decades and is expected to bring in millions more visitors a year.
Disney’s plans to grow its theme park resort in Anaheim by investing at least $1.9 billion will be presented to city council members on Tuesday for approval.
The Anaheim City Council has voted to approve a measure for a massive $1.9 billion expansion proposal by Disney, also known as Disneyland Forward. City council members voted 7-0 for the proposal during Tuesday’s meeting,
Disney gave its final pitch for its DisneylandForward proposal Tuesday evening, April 16, at the Anaheim City Council meeting, where the company is hoping to get approval to grow its theme parks in the city and invest at least $1.
Visitors to Disney's Southern California parks could one day walk through the snow-covered hamlet of Arendelle from "Frozen" or the bustling, critter-filled metropolis of "Zootopia" under a park expansion plan approved by the Anaheim City Council.
Anaheim City Council approved the multi-billion-dollar DisneylandForward project that will expand the theme park and bring more rides, hotels, and entertainment to Anaheim.