Walt Disney Parks and Resorts merged with Disney Consumer Products and Interactive Media segments into Walt Disney Parks, Experiences and Consumer Products. Parks and Resorts chairman Bob Chapek was named chairman of this new segment, who also previously served as head of Disney Consumer Products. Disneyland was founded as a single park by Walt Disney and opened on July 17, 1955, in Anaheim, California. Disneyland Hotel opened to the public on October 5, 1955. In 2001, the site expanded significantly and was renamed the Disneyland Resort with the opening of Disney California Adventure Park on February 8, 2001, Disney's Grand Californian Hotel & Spa on
Disney Springs with the popular Church Street Station clubs in downtown Orlando, Disney announced the addition of Pleasure Island, featuring nightclubs showcasing Disney's quality and creativity, to Walt Disney World Village on July 21, 1986. Construction began the following August and Pleasure Island was opened on May 1, 1989, the same day as the Disney's Hollywood Studios theme park. Later that year, the complex was renamed "Disney Village Marketplace". In the mid-1990s, the growth of Walt Disney World created the potential for further expansion, leading to a $1 billion investment in projects across the resort. The first World of Disney store opened