Disney touted plans to expand its theme park business to the tune of $60 billion over the next decade and boasted of plenty of space to play with in Anaheim where there is “enough room to build another Disneyland.”
Disney CEO Bob Iger was joined by Disney theme park chairman Josh D’Amaro on Tuesday, Nov. 28 during an employee town hall in New York City at the Amsterdam Theater, the Broadway home to “The Lion King.”
“We’ve got so much space to play with,” D’Amaro said at the town hall, according to the Hollywood Reporter. “Disneyland for example, Walt’s original theme park, we still have enough room to build another Disneyland there if we choose to do that.”
Disney announced plans to double its investment in domestic and international theme parks and cruise ships to $60 billion over the next decade during an investor summit in September.
“We’ve come a long way in the last few years, but we’re incredibly excited about the future,” D’Amaro said at the town hall.
Expanding Disney’s theme parks was one of his top priorities for 2024, Iger said during the town hall.
“This is a business where you spend to succeed,” Iger said of Disney’s theme park division, according to the New York Post.
Iger said he is looking forward to “building again” in 2024 after mending parts of the company that “needed attention” in 2023.
“I can tell you building is a lot more fun than fixing,” Iger said during the town hall, according to CNBC.
Disney hopes to get approval in 2024 for a massive project dubbed DisneylandForward that lays out long-term plans for theme park, retail and parking expansion at the Disneyland resort.
DisneylandForward has dangled the Zootopia land coming to Shanghai Disneyland and the Frozen lands coming to Disney parks in Hong Kong, France and Japan as potential expansion projects in Anaheim.