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China approves Shanghai Disneyland Park ºoº

 
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Disney3xJC
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PostPosted: Wed Nov 04, 2009 11:10 am    Post subject: China approves Shanghai Disneyland Park ºoº Reply with quote

After a courtship of about 20 years, the Walt Disney Company has won approval from the central government of China to build a Disneyland-style theme park in Shanghai, Robert A. Iger, Disney’s chief executive, said Tuesday.

The agreement for a Shanghai Disneyland is a landmark deal that carries enormous cultural and financial implications. Analysts estimate the initial park — not including hotels and resort infrastructure — will cost $3.5 billion, making it one of the largest-ever foreign investments in China.

The initial resort, with a mix of shopping areas, hotels and a Magic Kingdom-style theme park, will sprawl across 1,000 acres of the city’s Pudong district — with the theme park occupying about 100 of those acres. It would be a little bigger than Disneyland in Anaheim, Calif., and on par with the parks in Paris and Tokyo. It is expected to open in five or six years.
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WDWFan
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PostPosted: Thu Nov 05, 2009 2:58 pm    Post subject: Reply with quote

Hope this pays off for both Disney and for the people living in China.
Wonder what the impact on HongKong DL will be.
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daguru
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PostPosted: Wed Nov 25, 2009 8:24 am    Post subject: Reply with quote

Another level of government approval granted: http://abcnews.go.com/Entertainment/wireStory?id=9160382

One of my favorite blogs Disney and more has posted a couple of articles regarding the park, including office location and size information:
http://disneyandmore.blogspot.com/2009/11/shanghai-disneylands-final-location.html

http://disneyandmore.blogspot.com/2009/11/shanghai-disneyland-smaller-than-hong.html
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MedievalBoy14
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PostPosted: Fri Nov 27, 2009 10:59 am    Post subject: Reply with quote

Although I really love the international Disney Parks, I still wonder, would Walt want Disney to go International? I don't mean this in a way that I am against the parks, but I still wonder...
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alsirrap
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PostPosted: Tue Jan 26, 2010 8:58 pm    Post subject: Reply with quote

I know that it's a touchy subject, but, at last years shareholders meetings, someone asked if they thought that Walt Disney would build a park in a communist country. I'm not for one side of the question or the other, but I do wonder about that.
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WDWFan
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PostPosted: Thu Jan 28, 2010 6:41 am    Post subject: Reply with quote

I strongly suspect he would not, but then again, the company has gone on to do a lot of things he wouldn't have done. All in pursuit of the mighty yen.
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daguru
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PostPosted: Fri Nov 05, 2010 1:04 pm    Post subject: Reply with quote

Disney has finished and signed the official paperwork: http://disneyandmore.blogspot.com/2010/11/breaking-news-disney-signs-agreement.html


And at the same time, the initial construction of the park has BEGUN! http://disneyandmore.blogspot.com/2010/11/shanghai-disneyland-construction-begins.html
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