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 7409     
 
 
 
News stories: 1 - 30 of 7409     
 
 
 
latest jobs
Circa £40,000 per annum
Job location: Manchester, UK
company profile
Company profile: TVS Group
The TVS Group supply and install sports and fitness flooring to a wide range of facilities. We cater for every type of exercise and every level of competition, from recreational to elite level performance.
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
Landscape design: Back to nature
Alan Metcalfe
"When people are a bit scared, they gather together"

Featuring a vibrating glass platform and one of the US’s longest tree canopy walks, Whiting Forest has been designed to bring visitors closer to nature and to one another

The Electric Lemon restaurant features glamorous interiors by Rockwell Group
"Further hotels have been confirmed for Los Angeles, Santa Clara, CA, Seattle, Chicago and Houston"

Rockwell Group and Joyce Wang on the inspirations behind the guest rooms, public spaces, spa and gym at Equinox Hotel Hudson Yards

Norman Foster and his team were responsible for the architecture and interior design
Dana Kalczak
"If we had focused entirely on high tech in the hotel, the artistry we normally strive for would have been compromised"

Four Seasons’ vice president of design speaks to CLAD about working with Norman Foster and creating magical moments

Catalogue Gallery
Click on a catalogue to view it online
To advertise in our catalogue gallery: call +44(0)1462 431385
features
The resort has been designed to blend into the landscape
"Sam was such a champion for the team, and my goal is simply to carry that same torch"

As Blackberry Mountain resort opens in Tennessee, we find out why the project is a deeply personal one for owner Mary Celeste Beall

Last word: Tina Norden
Tina Norden
"We have created an approach which is playful, provocative but also functional"

Conran and Partners’ Tina Norden on playing with colour at Prague’s newly redesigned Hotel Maximilian

features
José Almiñana
"We are committed to designing evocative landscapes informed by the best environmental science"

The Andropogon principal on pushing the boundaries of landscape design for the benefit of humans and nature

The ‘Dream Factory’ studio is located in a former glass factory in Rotterdam’s harbour
"I want to demonstrate that creativity is our true capital as humans "

Rather than feeling fearful and helpless about the future, we must design a way out of the environmental problems we have created, argues the innovative Dutch designer, artist and inventor Daan Roosegaarde

Architects Monk Mackenzie created an interior box to house the new studios
"We’ve designed the space so that the atmosphere is intimate"

Les Mills’ new studio spaces at its iconic Auckland City Gym showcase a trend away from masculine ‘grunty’ gyms to something altogether different

cladkit product news
Daniel Svahn creates furniture collection using repurposed table tops
The Goodies But Oldies collection features three pieces made from repurposed MDF table tops
Lauren Heath-Jones
Daniel Svahn, a Stockholm-based furniture designer, has created a new range of sustainable furnishings, made from recycled MDF tabletops. Svahn, ...
Pelle DVN Table inspired by traditional Japanese carpentry
The DVN Table was created using Japanese joinery techniques
Lauren Heath-Jones
Jean and Oliver Pelle, the husband and wife team behind New York-based design studio Pelle, have created the DVN Table, ...
XTU concept imagines life in the clouds
XTU's X Cloud concept is part of the Future and the Arts: AI, Robotic, Cities, Life - How Humanity Will Live Tomorrow exhibition at the Mori Art Museum in Tokyo
Lauren Heath-Jones
XTU Architects, a Paris-based architecture firm, has released images and renderings of X Cloud, a new concept that showcase a ...
cladkit product news
Space Popular creates video installation for the Gwangmyeongmun Gate in South Korea
Gate of Bright Lights was designed to show visitors how screens and digital interfaces have replaced physical objects the gateway between us and the rest of the world.
Lauren Heath-Jones
Multidisciplinary design firm Space Popular has created a video installation for the Gwangmyeongmun Gate at the Deoksugung Palace in Seoul, ...
Canteen collection combines nostalgia with modern aesthetics
The Canteen collection was inspired by post-war British design techniques
Lauren Heath-Jones
Very Good & Proper (VG&P), a British furniture brand, has curated a new dining collection that combines traditional woodworking techniques ...
Tino Seubert x Theodora Alfredsdottir lighting collection inspired by mid-century furniture making traditions
The Corrugation Lights were inspired by midcentury and post-war furniture making techniques
London-based designers Tino Seubert and Theodora Alfredsdottir have teamed up to create Corrugation Lights, a lighting collection inspired by midcentury ...
cladkit product news
BIG partners with Louis Poulsen for new lighting collection
The Keglen collection is made up of four different pendants
Lauren Heath-Jones
BIG Ideas, the technology arm of renowned architecture firm Bjarke Ingles Group (BIG), has partnered with Danish lighting manufacturer Louis ...
John Pomp Studios expands Tidal collection
The Eclipse Pendant light was inspired by the lunar eclipse
Lauren Heath-Jones
John Pomp Studios, a design practice based in Philadelphia in the US, has expanded its Tidal collection to include five ...
Naval architect launches solar-powered floating pods
The Anthénea pod is a luxury floating suite that could be used as a spa or treatment suite
Lauren Heath-Jones
Naval architect Jean-Michel Ducancelle has designed a solar-powered floating hotel suite aimed at offering an eco-friendly and nomadic place for ...
x
Sign up with CLAD for regular news updates