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From the blog post:
The new attraction will anchor a broader universe of Super Heroes that will grow over time at Disney California Adventure park. This exciting new presence will transform the structure currently housing The Twilight Zone Tower of Terror™ (scheduled to close in early 2017) into an epic new adventure, enhancing the breathtaking free fall sensation with all-new visual and audio effects to create a variety of ride experiences. Guests will experience multiple random, unique ride profiles in which the rise and fall of the gantry lift will rock to the beat of music inspired by the film’s popular soundtrack.
Read more from Disney Parks Blog.