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
Walt Disney Studios Park by the Earffel Tower, a water tower similar to one that was installed at the Walt Disney Studios lot in Burbank, California. On February 27 2018, Bob Iger announced a Transformative Multi Year Expansion, opening in phases from 2021 to 2025, which will completely transform the park. The cost of this expansion is 2 billion euro. It will feature new Marvel, Star Wars and Frozen themed areas, all surrounding a new man-made lake. Initial plans for a second theme park, named Disney-MGM Studios Europe or Disney-MGM Studios Paris, were scheduled to open in 1996, though these plans were cancelled around