I'm assuming your talking about Dumbo's Circusland and a sort of Kansas fairground as an entrance for an Oz ride.
Disney isn't sure if they're going to make a sequel to Oz the Great and Powerful. It made about $500 million worldwide, so Disney gets half of that gross, that comes out about to $250 million, the film costed about $210 million to make, plus maybe $150 for advertising (?) . . . Disney will be looking at merchandising/DVD sales to break even. They commissioned a script for sequel . . . but Oz wasn't an Alice in Wonderland sized hit, and they are going to do an Alice 2 with Depp.
I think Franco was a mistake for the film, even though I liked it a lot more than I thought I would based on the reviews of the film.
The Oz ride/land is toast, IMHO.
Oz was missing one major thing that Alice had (and it wasn't Depp) – Tim Burton
Alice2 without Burton = Disaster.