According to French newspaper Le Parisien, the deadline for Disneyland Paris to build a third theme park has been extended by 10 years to 2036.
The French government originally granted consent for Disneyland Paris to be developed on the condition that Disney would buy sections of land in stages once previous sections had been developed. The recent amendment to the agreement gives Disney more time to consider building a third theme park after significant investment to improve and expand the Walt Disney Studios Park.
The agreement may continue to be renegotiated until the theme parks reach an annual attendance of 22 million. As of publish time, the parks have about 15 million annual visitors.
As you might know, Disney announced a 2 Billion Euro expansion to the Walt Disney Studios Park back in early 2018, adding new lands based on Marvel, Star Wars, and the Frozen franchises.
The expansion plan is one of the most ambitious development projects at Disneyland Paris since its opening in 1992 and underscores the Company’s commitment to the long-term success of the resort as Disney’s brand beacon in Europe.