For what it's worth, Pixar Pier didn't just cost $100 million, it cost more than double that. The makeover was done in an attempt to show that WDI could do things quickly, efficiently, and at a low cost, yet failed at all of these.
Like so many recent WDI projects, it focused on the details without stepping back to look at the bigger picture and ask whether the individual elements added up to a greater sum. For the most part, the execution of each piece was okay, but the fundamental concept was so flawed that it was never going to amount to much. The people approving the project had so little concept of what's reasonable for a construction project that they never thought to question the budget, nor why so many elements weren't completed in time for the grand opening. And all of this for a project that literally added nothing to the park's capacity, just redecorating existing facilities.
Aside from the aforementioned Pixar Pier, the additions to the park under Iger's lead have been rather checkered. Without getting into the failures of the MyMagic+ system, here are a couple of the most obvious missteps from physical park projects off the top of my head:
- The Little Mermaid dark ride cost $100M (the same amount as Everest 5 years prior) for a modest D-ticket attraction, only to require several costly overhauls within the first few years of operation to attempt to fix mistakes that should have been caught early in the design process, especially considering it was built twice
- Luigi's Flying Tires cost around $250M in an attempt to replicate the simple charm of DL's original Flying Saucers attraction from the 1960's, but failed to catch on with guests due to oversized vehicles, inefficient boarding procedures, awkward maneuvering and just a general lack of fun. Its replacement does much better with guest satisfaction, but cost another $75M, making the total cost for that site unfathomable for what it is
- Despite the generally-positive reception of WDW's Toy Story Land, it has a huge cost, not only in terms of money (I believe it was over $200M) but also opportunity cost in WDW's most landlocked park. Instead of maximizing limited space, which has often led to WDI's most memorable work in the past, they used 11 acres to add an exposed coaster, simple flat ride, restrooms, and a snack bar. This was their chance to make the most of an expansion of the park's footprint, and it was squandered
- But perhaps the biggest misstep of all was DL's Galaxy's Edge, which cost over $1B for the land itself, plus hundreds of millions spent throughout the resort for rerouting Rivers of America, park-wide path widening, a massive parking structure, and other general capacity improvements, only to have a summer DL's lightest attendance in years. The ensuing panic caused cuts throughout the resort because they were operating at a capacity that never materialized, and forced them to trot out MSEP yet again in a desperate pleat to draw people in. Summer 2019 at DLR was an unmitigated disaster, which the current pandemic is helping to erase from public memory. The WDW version opened to better reception, due partly to the pathetic state of the Studios park after so many years of reductions with no replacements
Not to mention all the smaller missteps in determining what's possible, feasible, viable and worthwhile in a real operating theme park that aren't as visible to the average park-goer. Sure Flight of Passage is a fun experience, but how many CMs does it take to operate the behemoth building for an embarrassingly low hourly throughput? Why was Be Our Guest originally designed to only have certain dining rooms available during certain meals, when they always knew demand would outstrip supply? Was anybody really expecting that the majority of park guests were going to LARP along with the CMs in SWL? And while we've gotten additions here and there, why have the majority of park areas remained untouched for decades?
Until the creatives, operators, designers and decision-makers can get out of their individual silos and start talking to one another, all these problems are going to persist. Sure, Iger has spent a lot of money on very few meaningful additions to the park, but under better leadership that same amount of money could have been spent much more effectively, both with regard to individual attractions and overall park experience.