They said it should be completed by 2012. Here is what was written in the short blurb.
New in Disney Travel: Grand Californian Gets a Makeover
Disneys Grand Californian Hotel & Spa in Anaheim, Calif. is undergoing a renovation that will include a new restaurant, pool and guest rooms. The Fairy Tale Suite, a 750-square-foot retreat for couples, will overlook
Disneyland through floor-to-ceiling windows. Guests to the Fairy Tale Suite will be welcomed by pixie dust and the appearance of Tinker Bell. Resort renovations are scheduled for completion in 2012.