Downtown Disney announcement that the project was postponed, Disneyland requested that the tax subsidies be rescinded. The Anaheim City Council voted to rescind the tax subsidies days later. After weeks of inactivity at the hotel's proposed site, Disney announced in October 2018 that the fourth hotel project had been cancelled. Downtown Disney Downtown Disney (officially the Downtown Disney District) is an outdoor shopping center located at the Disneyland Resort in Anaheim, California. It opened on January 12th, 2001; a component of the Disneyland Resort expansion project alongside the Disney California Adventure theme park and Disney's Grand Californian Hotel & Spa. Downtown Disney
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.