Study finds bigger local boost in Disney's Long Beach park plan.Study finds bigger local boost in Disney's Long Beach park plan Of the two theme parks Walt Disney Noun 1. Walt Disney - United States film maker who pioneered animated cartoons and created such characters as Mickey Mouse and Donald Duck; founded Disneyland (1901-1966) Disney, Walter Elias Disney Co. has proposed to build in Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, , Port Disney Port Disney was the name of an unbuilt Disney property that would have been located in Long Beach, California. It would have included a version of the DisneySea theme park, 400-boat marina, cruise ship port, a specialty retail and entertainment area, and hotel accommodations. would prove to be more lucrative for the surrounding community, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a Disney report published last week. Port Disney would provide $55 million in annual revenues to Long Beach once the project is finished in 2010, while creating 27,000 new jobs in the city. On the other hand, Disneyland Resort
The Disneyland Resort is a recreational resort complex in Anaheim, California. in Anaheim is projected to provide $43 million in annual revenues once the project is finished and 20,400 new jobs. Burbank-based Disney has announced plans to build one of two proposed theme parks in Southern California during this decade, unveiling a plan last July for a water-based theme park on the Long Beach shore and making public in May a plan for a 470-acre theme park adjacent to Disneyland. Company officials say they will announce their decision on a location by the end of this year. In general, Port Disney is projected to generate more economic activity each year in its adjacent community than would Disneyland Resort, $1.7 billion compared to $1.2 billion, according to reports prepared on each project by Kotin, Regan & Mouchly Inc., a Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. real estate counsulting firm. The cost of developing each project is estimated at $3 billion. Port Disney would also generate more tax revenue than would Disneyland Resort. About $9 million would be generated each year in taxes for Los Angeles County by the ocean-oriented park, while about $6 million annully would be produced in Orange County by a second park beside Disneyland, the report states. In addition, each park would have a substantial impact on Southern California at large. Port Disney would create 48,000 jobs in Southern California, while Disneyland Resort would provide 41,200 jobs to the region, the reports estimate. Cumulative fiscal revenues to the City of Anaheim as a result of Disneyland Resort are estimated at about $2.9 billion through 2057, while cumulative fiscal revenues to the City of Long Beach as a result of Port Disney are estimated at $3.7 billion. [Tabular tab·u·lar adj. 1. Having a plane surface; flat. 2. Organized as a table or list. 3. Calculated by means of a table. tabular resembling a table. Data Omitted] |
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