616.1314
Well-Known Member
- In the Parks
- Yes
Both the SAR government and Disney funded the three-land expansion in 2009
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HKDL gets new castle, frozen land and marvel land.
- Thread starter Kiwiduck
- Start date
BrianLo
Well-Known Member
On the financing arrangement, TWDC will contribute all the necessary new capital (estimated to be about $3.5 billion) for the construction of the new themed areas as well as for sustaining the park’s operation during the construction years. It will also convert the entire outstanding balance (projected to be $2.76 billion) of its loan to the joint venture to equity.
The Government will not inject any new capital into the expansion plan. Mrs Lau said: “The Government has already made significant contribution towards the development and operation of HKD thus far. However, as a contribution to deleverage the joint venture, the Government is prepared to convert a substantial part of its loan to equity, retaining a balance of not less than $1 billion. The loan-to-equity conversion is subject to approval by the Finance Committee of the Legislative Council.
“According to current projections, the Government will continue to be a majority shareholder of HKD after the capital realignment, retaining 52% shareholding,” she said.
Supersnow84
Well-Known Member
It’s interesting that they didn’t announce any sort of start or end date for these projects
Arendelle has been open for over a year now and the park doesn’t want to give off the image of stagnation. Shanghai seems to be rounding out the main park in preparation for something big outside of the main park so HK better have something to compete and “tail end of 10 year old expansion plans” doesn’t seem like it’ll cut it compared to arendelle
Arendelle has been open for over a year now and the park doesn’t want to give off the image of stagnation. Shanghai seems to be rounding out the main park in preparation for something big outside of the main park so HK better have something to compete and “tail end of 10 year old expansion plans” doesn’t seem like it’ll cut it compared to arendelle
With the Pixar Experience opening before Spiderman, many have speculated that it would be a live entertainment venue. That plot of land is too large for just a single theater so could it be sort of Mermaid Lagoon-esque with flat rides and a theater in an enclosed space? If it is, then could Toy Story Land be redeveloped? TSL on the left side of the river has always felt odd as it was shoehorned in since the original concept for that plot, Glacier Bay, was rejected.
no.swatz
New Member
Tbh I feel like it would be similar to the Moana show venue in Adventureland? Like maybe an half-open venue with maybe an immersive queue, not sure. I feel like it will be in a larger scale though. Or maybe they could do something similar to Playhouse in the Woods, enclosed venue with live entertainment performances.
no.swatz
New Member
I kind of understand what you mean though, it would be exciting to see if a PIXAR-themed area have a few flat rides and a show next to it.
McMickeyWorld
Well-Known Member
no.swatz
New Member
I love whenever the actual product sticks to the concept art..
lazyboy97o
Well-Known Member
The “concept art” isn’t always conceptual.
no.swatz
New Member
Damn. true tho..
Timothy_Q
Well-Known Member
Public-facing parade concept art is always made after the parade has already been designed (or is in the very final design stages)
Sometimes changes may still be made afterwards tho, once the parade gets to the vendor phase if prices end up higher than Disney anticipated
Sometimes changes may still be made afterwards tho, once the parade gets to the vendor phase if prices end up higher than Disney anticipated