I guess it depends on what caliber show they are going for (assuming the rumor is true). Based on attached layout of the theater, the current space doesn't appear to have the back-stage area (or capability to expand the back stage area) to accommodate a show on the scale of just about anything that they have shown at the Hyperion Theater at DCA (the kind of theater I'd like to see at WDW). A show the size of the Alladin show or the Frozen show that they have shown at DCA requires a theater with essentially 3-4 times the off stage room as on stage room (typically equal [or near equal] areas to the left, right, behind, and above the portion of the stage that the audience can see). Not to mention all of the back of the house dressing rooms and staging areas and whatnot.
On the other hand, a show with a more or less a single set-piece or minimal set pieces (some iteration of Mickey's Magical Map) could possibly work here...
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