Disney has designated Avengers Campus at Disney California Journey and Mickey and Minnie’s Runaway Railway at Disneyland as “priority projects” amid $700 million in price range cuts within the firm’s theme park division.
Disney CFO Christine McCarthy introduced the precedence tags for the Marvel themed land and the Mickey Mouse experience in the course of the Bank of America Digital 2020 Media, Communications & Leisure Convention.
“We’ve really prioritized some of our investment spending,” McCarthy mentioned in the course of the convention. “Things that were in — I call ‘in flight’ — they were in construction. Some of those we have continued to finish out even during this period.”
That’s excellent news for Disneyland followers that frightened Avengers Campus and Runaway Railway may very well be delayed or lower as a result of price range constraints. The Star Wars: Galactic Starcruiser lodge beneath building subsequent to Disney’s Hollywood Studios in Florida additionally received the precedence tag.
“The ones that we’re really focused on are things like the Star Wars hotel that we’ve discussed publicly that will be in Walt Disney World. That’s a priority,” McCarthy mentioned in the course of the convention. “Completion of the Avengers Campus in Disneyland as well as Mickey and Minnie’s Runaway Railway, which is also a priority project for Disneyland.”
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There was by no means actually any probability Avengers Campus can be lower from Disney’s theme park price range. The brand new Marvel superhero-themed land was simply months away from opening when Disney California Journey closed in mid-March amid the worldwide pandemic. However Disney may have considerably slowed down building on the challenge which might have postponed the debut of the brand new land indefinitely.
Mickey and Minnie’s Runaway Railway was at all times an even bigger query mark. The challenge — a prime contender for the chopping block — was little greater than a pile of grime positioned backstage far out of view from guests till vertical building started in early September. The “priority project” tag will get the trackless darkish experience again on monitor — even when it’s at a slower tempo.
SEE ALSO: When will Disney open Avengers Campus?
Again in May, Disney paused $900 million in building and refurbishment tasks at its theme parks on account of the coronavirus outbreak. Then in August, that eye-popping quantity was adjusted right down to a $700 million discount in capital expenditures.
Capital expenditures is theme park corporate-speak for brand new rides and themed lands. Reducing $700 million in capital expenditures meant that many Disney theme park tasks already within the pipeline can be delayed or canceled.
“We’re still investing in our businesses the way we always have,” McCarthy mentioned in the course of the convention. “We will continue to invest in the parks. We believe that those investments globally have really driven strong returns on capital for us.”
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The brand new Marvel themed land with a Spider-Man darkish experience as its centerpiece was set to open this summer time earlier than COVID-19 put the brand new Marvel land on maintain. Disneyland has not introduced a brand new opening date for Avengers Campus.
Disneyland delayed the Runaway Railway experience behind Mickey’s Toontown from a 2022 opening date to 2023 as a result of prolonged coronavirus closure.
An similar model of Mickey and Minnie’s Runaway Railway opened in March at Disney’s Hollywood Studios just some weeks earlier than Disney’s Florida theme parks had been closed as a result of pandemic.
Disney World’s 4 theme parks have reopened whereas Disneyland and California theme parks stay closed indefinitely awaiting reopening pointers from the state.