This is the plan:
The fairies are going to have auditions in November and about 9 people may be chosen for Tinker Bell, and I'm not sure how many others will be chosen for the other fairies.
The Meet and Greet location is going to be in Toon Town, in the old "Pal's Room" where you could meet Pluto, Donald, and Goofy (and sometimes Minnie when it was raining)
The Pal's room is going to be gone completely, so you will no longer meet those characters there. Instead, Donald (and SOMETIMES Daisy) will be able to be met at Donald's house. Goofy will be at his house, and Pluto may either be with Mickey or with Minnie (I still have to ask about that)
The Fairy room will be designed like a Fairy Grove. Everything will be extremely large, so you will think you shrank to see Tinker Bell. It will be three fairies at a time, but Tinker Bell will constantly be in there. It may be Fawn, Tinker Bell, and Silvermist at some times, at other times it may be Rosetta, Tinker Bell, and Iridessa.
Now, the time line is what you've all been waiting for. When's it going to happen? Well, the Pal's Room will be closing in November, and the hope is that it will reopen in January. In January, the two Princess Rooms will close and there will be construction in those rooms (kind of a minor rehab that needs to be done)
But there will ONLY be 1 Fairy Room