Downtown Disney announcement that the project was postponed, Disneyland requested that the tax subsidies be rescinded.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
The Walt Disney Company model city, EPCOT Center was built as a "permanent World's Fair", complete with exhibits sponsored by major American corporations, as well as pavilions based on the cultures of other nations. In Japan, The Oriental Land Company partnered with Walt Disney Productions to build the first Disney theme park outside of the United States, Tokyo Disneyland, which opened in April 1983. Despite the success of the Disney Channel and its new theme park creations, Walt Disney Productions was financially vulnerable. Its film library was valuable, but offered few current successes, and its leadership team was unable to keep up with other