Shanghai Disneyland delayed until mid-2016
It looks like the grand opening of Shanghai Disneyland has been delayed until some time in mid-2016. The brand new resort was scheduled to open at the end of this year, but delays have pushed it back to mid-2016.
Shanghai Disneyland has been in development for more than a decade and has been a significant part of Rober Iger’s roll as Chief Executive for Disney. Iger is expected to give an update on Shanghai Disneyland during the company’s earnings call Tuesday.
The park will feature the largest Disney Parks castle ever built featuring a water ride underneath it and will feature several areas within the park including the Gardens of Imagination and Treasure Cove, which will be the home of the Pirates of the Caribbean: Battle of the Sunken Treasure ride.
The new resort is a partnership between The Walt Disney Company and the Shanghai Shendi Group.
The parks construction has also set of a rise in real estate prices around the resort according to this article.