Disney will invest US$1bn in California resort if Anaheim waives gate taxes

by Tom Anstey | 26 Jun 2015

Disney is considering a US$1bn (€892m, £635m) investment into its Disneyland Resort in California, with the investment dependent on the city of Anaheim waiving tax on park admission tickets for a further 30-year period.

The ticket-tax ban could again be extended a further 15 years after that if Disney embarks on a separate US$500m (€446m, £317m) expansion.

Disneyland California currently holds tax exempt status from an agreement made with the city in 1996, but that deal expires tomorrow (30 June 2016). At present, no Disney park anywhere in the world pays admission tax.

In exchange for the tax cut, the investment would include new attractions, a parking structure with more than 5,000 vehicles and upgrade and infrastructure improvements to the Disneyland theme park and resort complex.

Disney has been investing heavily in its California operations over the last few years: in 2012, Disney’s nearby California Adventure theme park underwent a US$1bn expansion, which included the addition of Cars Land.

The company now has about 28,000 workers in Anaheim, making it the largest employer in Orange County. The US$1bn proposal would create an estimated 1,400 new jobs.

A public hearing on 7 July will discuss whether or not to extend the resort’s tax exemption, which any potential expansion is dependent on.

According to local reports, two members of Anaheim’s City Council are supporting the plans, while two others are undecided. Mayor Tom Tait, who approved the initial deal in 1996, has opposed the plans.

A recent independent study on Disneyland California suggested that resort is responsible for more than US$5.7bn (€5bn, £3.6bn) in economic activity across the south of the state.

Related stories

Disneyland worth US$5.7bn annually to California

Disney considers increasing fees for peak times with surge pricing system

Disney eyes future wearables to grow MyMagic+

Theme parks, Frozen and Star Wars lead Disney to beat Q2 earnings predictions

Disney value jumps US$2bn following Star Wars teaser release

New attractions to mark completion of Disneyland Resort expansion

Disney is considering a US$1bn (€892m, £635m) investment into its Disneyland Resort in California, with the investment dependent on the city of Anaheim waiving tax on park admission tickets for a further 30-year period. The ticket-tax ban could again be extended a further 15 years after that if Disney embarks on a separate US$500m (€446m, £317m) expansion. Disneyland California currently holds tax exempt status from an agreement made with the
CLD,TAW,VAT,PUB
A public hearing on 7 July will discuss whether or not to extend the resort’s tax exemption
More news
News stories: 1 - 30 of 6906     
 
 
 
News stories: 1 - 30 of 6906     
 
 
 
company profile
Company profile: GOCO Hospitality
The specialists in designing, developing and operating spa and wellness spaces.
Try cladmag for free!
Sign up with CLAD to receive our regular ezine, instant news alerts, free digital subscriptions to CLADweek, CLADmag and CLADbook and to request a free sample of the next issue of CLADmag.
sign up
features
The design cuts decibel levels from the nearby highway in half
David Polzin is executive director of design at CannonDesign. He studied at Columbia University Graduate School of Architecture
"We were able to create an ‘acoustic shadow’ cutting decibel levels nearly in half"

How to design the perfect community leisure centre 100 13th century pilgrimage The Vietnamese village being created using historic methods

The curved, “voluptuous” structures were inspired by Hadid’s work
"I fell in love with Zaha Hadid"

Black Panther set designer Hannah Beachler

UNStudio are designing a cultural centre as part of BIG’s EuropaCity development
"I like art that is against the mainstream, slightly off, with a twist"

UNStudio’s co-founder on the unexpected challenges of designing Australia’s tallest skyscraper

Catalogue Gallery
Click on a catalogue to view it online
To advertise in our catalogue gallery: call +44(0)1462 431385
features
Profile: John Rhodes
John Rhodes
"It’s about the celebration of people coming together. If you can manage that well, a venue can become very special"

HOK has been tasked with designing a truly flexible arena for Valencia. John Rhodes is up for the challenge

The facility features green terraces and plant-covered villas
"It’s about tracing the evolution of thermal practices"

Eco architect Vincent Callebaut has won a competition to redesign ancient thermal baths in the Savoyard town of Aix-les-Bains, France

CLAD people: Asif Din
Din has worked on a range of sustainability-focused projects
"It’s imperative the architecture profession takes a proactive approach to tackling the realities of climate change"

Perkins+Will’s new sustainability director

features
"The Norwegian coast inhabits such beauty"

The world’s most ambitious underwater buildings

Prague’s Hotel Josef opened in 2002
Jiricna moved to London for a placement in 1968. She was unable to return to the Czech Republic for two decades
"I look back now and think, how did I have the courage?"

The Czech-born architect on working with Richard Rogers, her friendship with Zaha Hadid and why she turned down Steve Jobs

The design of the Wellness Center was inspired by a local brick factory
"Our palette was pared down to basics"

The Vietnamese village being created using historic methods

cladkit product news
BD Barcelona Design reveals Cristallo by the late Alessandro Mendini
Cristallo was the last design from acclaimed designer and architect Alessandro Mendini
Lauren Heath-Jones
Design Studio BD Barcelona Design has released Cristallo, a limited-edition cabinet designed by the late architect and designer Alessandro Mendini, ...
Water inspires Zaha Hadid Design x Rosenthal collaboration
The collection consists of three smaller collections: Weave, Strip and Lapp. Weave was inspired by 'the fluid lines of Zaha Hadid's sketching hand'
Lauren Heath-Jones
Zaha Hadid Design has partnered with porcelain manufacturer Rosenthal to create a new collection of vases. Called the Lapp collection, ...
David Rockwell partners with Jim Thompson for dream-inspired fabric collection
Rockwell has designed 12 multi-use fabrics inspired by dreams with long-time collaborator Jim Thompson
Lauren Heath-Jones
Renowned architect David Rockwell has created a collection of fabrics with long-time collaborator Jim Thompson. Called Dreams, the collection was ...
cladkit product news
Mater partners with Ditzel family to create eco-friendly furniture using reclaimed plastic
The furniture uses plastic from recycled fishing nets
Lauren Heath-Jones
Mater, an ethical design brand based in Denmark, has launched a furniture collection made from plastic reclaimed from the ocean. ...
Baux creates plant-based acoustic panels
Baux has worked with scientists from the Royal Institute of Technology to create Baux Acoustic Pulp, a plant-derived acoustic solution
Lauren Heath-Jones
Baux, an acoustic products brand based in Sweden, has developed a line of biodegradable acoustic panels, using a plant-based material ...
Volvo partners with Reef Lab Designs to encourage ocean biodiversity
The tiles are made from marine-grade concrete and recycled plastic fibres
Lauren Heath-Jones
Car manufacturer Volvo has partnered with the Sydney Institute of Marine Science and Reef Design Lab to create an environmentally-friendly ...
cladkit product news
Paul Kelley pushes 'technical boundaries' with modular furniture cube system
The system is designed to enable users to create multifunctional, adaptable pieces, where they are in complete control of the design and function of their furniture
Lauren Heath-Jones
British designer Paul Kelley has created a modular magnetic cube furniture system that enables users to create multifunctional, adaptable pieces, ...
Alusid's Sequel collection combines craftsmanship and sustainability says founder
The Sequel collection is billed as the 'most waste-efficient and sustainable' on the market
Lauren Heath-Jones
Alusid, a creator of eco-friendly surfaces, has partnered with Parkside to launch the Sequel range, the brand's first collection of ...
Tom Dixon Studio to relaunch iconic Pylon chair
Pylon was first designed more than 20 years ago
Lauren Heath-Jones
Originally conceived in his metal workshop in the early 90's, the Pylon chair was Dixon's attempt to create the world's ...
x
Sign up with CLAD for regular news updates