- Joined
- Jul 7, 2000
October 18, 2007
Walt Disney Co. is going back to the drawing board to overhaul its underperforming California Adventure theme park -- a project the company said Wednesday could result in a new name for the property. Disney Chief Executive Officer Robert Iger and other executives would not disclose the cost of the project, but it will exceed $1 billion, according to a person familiar with the plans who was not authorized to speak publicly about it. The figure eclipses the original cost of California Adventure, which opened in 2001. The overhaul, which will take five years, will be designed to make the park look and feel more like it was conceived by Walt Disney himself, complete with a re-creation of the movie theater that hosted the 1938 premiere of Snow White and the Seven Dwarfs. It will also add a 12-acre section based on the hit Pixar Animation movie Cars.
Copyright © 2007, Orlando Sentinel
Walt Disney Co. is going back to the drawing board to overhaul its underperforming California Adventure theme park -- a project the company said Wednesday could result in a new name for the property. Disney Chief Executive Officer Robert Iger and other executives would not disclose the cost of the project, but it will exceed $1 billion, according to a person familiar with the plans who was not authorized to speak publicly about it. The figure eclipses the original cost of California Adventure, which opened in 2001. The overhaul, which will take five years, will be designed to make the park look and feel more like it was conceived by Walt Disney himself, complete with a re-creation of the movie theater that hosted the 1938 premiere of Snow White and the Seven Dwarfs. It will also add a 12-acre section based on the hit Pixar Animation movie Cars.
Copyright © 2007, Orlando Sentinel
