Disneyland's $1.9B expansion plan approved by Anaheim City Council [FOX Business Network]
Walt Disney Company (The) (DIS)
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Source: FOX Business Network
The Anaheim City Council said the company's proposal – "DisneylandForward" – received its second unanimous approval from all seven members. The plan "shifts development amounts already approved by the city to other land Disney now operates on," the city council said. Disney has about 490 acres of land in Anaheim across Disneyland and California Adventure Park, FOX Business previously reported The zoning changes Disney sought for the project "would allow for the building of additional theme park and other visitor attractions in Anaheim " without giving Disney any new land, according to the council. "I'm grateful the city council agrees and voted to work with us on this legacy project that will set up Disneyland Resort and the City of Anaheim for an incredibly bright future," Disneyland Resort President Ken Potrock said in a Disney Parks blog post. Ticker Security Last Change Change % DIS THE WALT DISNEY CO. Powered By Disney asked the city council to give it
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