Port Disney winning city. Formal negotiations for financial responsibility between Disney and Long Beach were scheduled to begin on September 12, 1990, after the city reviewed Disney's plans. Several independent analysts gave the edge to Port Disney, citing the uniqueness of the project and the lack of a similar nautical/ocean theme park in Los Angeles County since the 1987 closure of Marineland. In February 1991, Disney disclosed that it had been buying large tracts of land near Disneyland in Anaheim, although Disney vice-president of development David Malmuth said the land acquisition would not affect the decision between Anaheim and Long Beach, which
Disney California Adventure parking lot of Disneyland for over 40 years. After succeeding with the multi-park business model at Walt Disney World in Florida, the Disney company decided to turn Walt Disney's original theme park into a multi-park resort complex as well. In 1991, Disney announced plans to build WestCOT, a west coast version of what was then known as EPCOT Center, on the site of Disneyland's parking lot. The high price tag of the proposed park as well as the company's financial and public relations problems with the newly opened Euro Disneyland (now Disneyland Paris) led Disney to cancel WestCOT in 1995.