Posted Saturday, September 12, 2009 11:58 PM | Contributed by CPJ
Walt Disney World is about to embark on a sweeping facelift for the Fantasyland section of the Magic Kingdom, in what the resort calls the biggest overhaul in the theme park's 38-year history. Plans revealed Saturday call for adding a lavish ride based on The Little Mermaid, expanding a popular Dumbo children's attraction, new interactive areas featuring some of Disney's best-known princesses, and more. The overhaul will be complete by 2013. A new Star Tours will open at Disney Hollywood Studios in 2011.
Read more from The Orlando Sentinel.
$7 billion for Pixar actually.
Double Dumbo sounds good to me...especially as a parent of a kid who can't hold still in a line for more than 15 minutes. I wish they had the space to do that at Disneyland.
And hey, if your little girls ain't into dressing up as princesses, it ain't for them. But some little girls enjoy that stuff. It's called fantasy for a reason and it isn't necessarily a bad thing as long as the parent isn't teaching them that this stuff is for real.
So lets see the Disney rundown in the last few years of some major capital projects.
$4 Billion for Marvel
$1 Billion overhaul of Disney CA
$1 Billion for overhaul of Disney World (HS/MK)
$1+ Billion per new cruise ship (x2)
$4.7 Million for port enhancements for 2 new ships
I would say Disney is doing quite well.
Ya, know, now is the time to pull the trigger on some of this. Yeah, the economy sucks and sales are down right now, but they are positioning themselves to be ready for an eventual improvement in the economy, so while others are just ramping up projects when the economy improves, they will be in position to take advantage of it.
I wonder what jim Cramer would have to say about that?
Coaster Junkie from NH
I drive in & out of Boston, so I ride coasters to relax!
Who cares? He's an idiot and a moron anyway.
My author website: mgrantroberts.com
Hahahahahaha! +1 Mike
Now absolutely is a great time to invest in developing the market you serve. With Disney's lead time to new attractions, now is absolutely the right time to start. If things turn around the way economists expect (or hope), this stuff will open when people are eager to get out there and spend money on vacations.
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