Disneyland says renovation plans could bring $253 million annually to Anaheim’s economy
1 year, 7 months ago

Disneyland says renovation plans could bring $253 million annually to Anaheim’s economy

LA Times  

Walt Disney Co. first announced its proposal in 2021 to overhaul its Anaheim resort with new attractions, shops, restaurants and entertainment. As Walt Disney Co. continues to pitch its 30-year theme park expansion plan to Anaheim, the company released new data on just what’s in it for the city. For every $1 billion Disney invests to redevelop and update Disneyland Resort, the project will generate $253 million annually in economic output, $15 million in tax revenue, and 2,292 jobs, according to an economic analysis the company commissioned from the Woods Center for Economic Analysis and Forecasting at Cal State Fullerton. Business New plan at Disneyland calls for squeezing in more rides, restaurants and shops Disney announced a plan to add new attractions, shops and restaurants inside Disneyland by redeveloping existing areas of the Anaheim resort. In the past, Anaheim’s City Council and Disney have run into rough waters when the company changed the location of a luxury hotel project disqualifying it from a $267-million tax subsidy.

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