Wed Mar 10, 2010 9:02 am
Sat Apr 17, 2010 10:56 am
Land approved for Shanghai Disney will be transferred over to the project in July, with 97 percent of residents already relocated, said local authorities Wednesday.
Shanghai Disney's first phase project, including a theme park and supporting facilities, will span four square km with the theme park covering one square km, said Jiang Liang, head of Pudong New District where Shanghai Disney will be sited. The project would take five to six years to finish, Huang said.
Over 2,000 households and 297 companies have to be relocated to make way for the first phase of construction.
"The planed investment is 25 billion yuan (3.66 billion U.S. dollars), but the project is expected to draw hundreds of billions in related investment," said Huang.
The project was approved by the National Development and Reform Commission on Nov. 23, 2009.
Disney opened a theme park in Hong Kong in 2005 and now has offices in Shanghai, Beijing and Guangzhou.
Sun May 30, 2010 8:08 pm
Disneyland is coming to the booming Chinese city of Shanghai. The central government gave its approval in November, since when preparations have been gathering pace.
Disneyland Shanghai will be in the Pudong area of the city, and the Shanghai Daily reports the Pudong New Area government has almost completed the relocation of residents from the 3.9 square kilometre area, a month ahead of schedule. Construction of apartments to receive them has begun, and they are expected to be ready for occupancy by August 2012. More than 2,000 households and 297 enterprises will be relocated in total. The new residential site is in Pudong’s Chuansha Town, and will have more than 6,500 apartments.
The land for the theme park is due to be handed over at the end of June when construction will begin.
The first phase of the theme-park project has been estimated to cost about 25 billion yuan (US$3.66 billion). The Chinese have made a habit in recent years of building large infrastructure projects at breakneck speed, but Pudong New Area
Director Jiang Liang told the Shanghai Daily it may take five or six years for the park to be opened to the public.
There is already a Disneyland theme park in Hong Kong, and there has been speculation about the effect a park in Shanghai would have on the park in Hong Kong. Secretary for Commerce and Economic Development of the Hong Kong Special Administrative Region Rita Lau told Chinese news agency Xinhua that the two parks should complement each other. The Chinese market was growing fast, and should be big enough to accommodate two theme parks.
Fri Jun 18, 2010 10:02 pm
It took years and all of the family's life savings, but in 2008, retiree Wang Quanlin finally completed his dream home. It was spacious, two stories with an attic, and had new furnishings inside.
Then last fall came an unexpected notice from the Shanghai city government. The entire area had been slated for a new development project -- a Disneyland theme park. The Wang family would have to move, and their house would be demolished.
The Wangs' uphill legal battle to stay in their home, or to get what they consider fair compensation, is about to end. The government is set to turn over the land in July for the $3.5 billion Disney project, and the family -- having exhausted its protests and appeals -- will be relocated to two much smaller apartments.
"We support Disneyland, but we hate these forced demolitions," said Wang's son, Wang Yuchen, 30, who took a leave of absence from his job as an engineer to fight the eviction. "The whole process is unfair. It's unequal."
It's a story being repeated all over China, as the country's breakneck economic growth has created a property boom and developers, often working hand in hand with local officials, rush to cash in. Often that means the government seizing land for projects deemed in the "public interest," and ordinary Chinese who lack high-level connections being forced out of their longtime homes and neighborhoods with meager compensation.
Hundreds of thousands of Beijing residents were displaced and thousands of houses destroyed for the construction of 2008 Olympics venues. In Shanghai, thousands were displaced to make way for the world expo this spring. And about 2,000 households in four townships on the east side of the Yellow River are being moved to make way for Disney; the Wang family is among the last dozen or so holdouts.
"It is happening everywhere, and to a great magnitude," said Yang Jianli, a longtime dissident and a fellow at Harvard University who works with a group called the Sparrow Initiative, which highlights forced evictions and demolitions.
"Forced demolitions, forced evictions are so ubiquitous in China," Yang said. "And they do it without regard to people's rights."
Residents push back
But there is evidence that people are growing more aware of their rights and are fighting back.
In Wuhan, west of Shanghai in Hubei province, a farmer named Yang Youde became a local media sensation when he built a cannon, stuffed it with fireworks and fired it at a team sent to evict him from the farmland he leased. Last year, several people were reported to have set themselves on fire when eviction teams arrived to remove them. And this year, homeowners have clashed with demolition squads, which often resort to tactics such as cutting off water and electricity to holdouts' homes.
"Nowadays, people's awareness is enhanced," said Zhang Shutai, a member of a Shanghai demolition crew waiting outside the Wang house for the final order to bulldoze the property.
Zhang said he was also involved in demolitions to make way for the world expo and has seen an increase in protests by homeowners. "We understand. But there's no other solution," Zhang said. "Ordinary households believe these kind of forced demolitions are not allowed. But this is an urgent project."
The cleared land is scheduled to be handed over in July, and the theme park is due to open in 2014.
But the race to remove residents comes amid questions about whether China even needs a new Disneyland. The country is awash in theme parks -- historical parks, garden parks, cultural parks, ethnic minority parks, even a theme park populated by little people. Few turn a profit.
Figures released this year show that the Hong Kong Disneyland, which opened in 2005, posted a $170 million loss last year, on top of $200 million in losses in 2008. The Hong Kong park's 4.6 million visitors last year were also below the 5.6 million annual visitors originally projected.
Shanghai authorities, apparently mindful of the figures from Hong Kong, have scaled back the size of the Shanghai project; it will be the smallest of the Disneyland parks worldwide. A Disney spokeswoman in Hong Kong said there is room for both parks. "We believe the greater China market is large enough to support multiple parks," she said. "The U.S., with one-fourth of the population of China, supports two Disney-branded resort destinations."
'A shadow cast over it'
Wang Yuchen said he has nothing against the Disney project; he just wants a fair deal for his family. "It's a good thing for American companies to come invest in China," he said. "But I wish they would take into account Chinese people's feelings. If this project is built on the sorrow of ordinary Chinese, I believe there will be a shadow cast over it."
He took his case to the local courts several times, most recently last month. He was armed with a May 15 edict from China's State Council, the equivalent of the cabinet, which said people forcibly removed from their homes should get "reasonable" compensation and which held local authorities responsible for not "oppressing" people facing eviction.
The demolition crew responded by first bulldozing all the houses around the Wangs' home and piling the debris in front. Then they cut the water and the phone lines and hung banners with slogans warning that holdouts "may encounter accidents."
Wang, in turn, hung two huge Chinese flags on his family's house and plastered copies of the May State Council edict over the demolition company's banners.
The Shanghai government referred all questions to the local planning authority. An official there, Dai Shuo, said most of the households had been removed from the project area, with 5 percent holding out.
Dai said the villages affected were classified as "rural," and owners will receive only what it would cost to rebuild. If the land were classified as "urban," compensation would be based on the market value, which in Shanghai probably would be high.
"For Wang's villa, you should know that it cannot be traded and has no market value," Dai said. "If he insists on making demands beyond the reasonable scope, we won't give in."
Wed Jun 23, 2010 6:52 am
June 23 (Bloomberg) -- Oriental Land Co., operator of the Tokyo Disney Resort, said it may cooperate with Walt Disney Co. on a planned Shanghai theme park.
“There’s a possibility we may work together with Disney on Shanghai,” Akiyoshi Yokota, executive director, said in an interview at company headquarters in Chiba prefecture, a Tokyo suburb. No details on cooperation were decided, he said.
Oriental Land has been talking about the planned theme park and exchanging information with Disney, Yokota said, without elaborating. Disney last year won Chinese government approval for a park in Shanghai that may be completed by 2014.
The Japanese theme park operator is looking to expand overseas while trying to attract tourists from China and other countries, as domestic customers spend less amid falling wages. The theme park in Shanghai, the mainland China’s richest city, will be Disney’s fourth outside the U.S.
“It would open up a new growth path for Oriental Land,” Takashi Oka, an analyst at Toward the Infinite World Inc., who has a “neutral” rating on Oriental Land shares. “Oriental Land has know-how to operate a theme park and develop attractions that fit locally.”
Phone messages left at Disney Japan’s Tokyo office were not immediately returned.
Oriental Land gained 0.1 percent to 7,370 yen at the 3 p.m. close in Tokyo trading. The benchmark Nikkei 225 Stock Average sank 1.9 percent.
The company pays royalties to Burbank, California-based Disney to operate its Disneyland and DisneySea theme parks. Oriental Land’s Disney Resort also includes the Disney Ambassador Hotel and Ikspiari shopping mall.
The Shanghai project will include a Magic Kingdom-style theme park with characteristics tailored to the region, Disney said last year.
Oriental Land in May said net income will probably rise 1.6 percent to 25.8 billion yen ($285 million) for the year ending March 31. Sales may decline 4 percent to 356.6 billion yen.
--Editors: Fergus Maguire, Dave McCombs
Naoko Fujimura in Tokyo at +81-3-3201-7551 or email@example.com; Shunichi Ozasa in Tokyo at +81-3-3201-3624 or firstname.lastname@example.org.
To contact the editor responsible for this story: Frank Longid at email@example.com
Tue Jul 06, 2010 8:20 am
Disney could start building its planned theme park in Shanghai as early as November, a year after Chinese authorities gave the green light for the project, a report said Tuesday.
"Talks on the Disney project are in the final stages and the construction is expected to start as early as November," the China Business News reported, citing an unnamed source.
The park would be Disney's fourth outside the United States and its third in Asia, after Paris, Tokyo and Hong Kong -- the last to open in 2005.
All major construction in Shanghai has been suspended until after the World Expo ends on October 31 as part of efforts to improve the city's air quality during the six-month event.
The Shanghai government announced its long-awaited approval for the project in November last year after authorities in Beijing approved Disney's application.
Neither side disclosed any figures or gave a timeframe for the project, but previous reports have said the US entertainment giant will invest 3.6 billion dollars in the 10-square-kilometre (four-square-mile) park.
When asked about the report, Disney said it looked forward to being able to announce a final deal and a timeline for opening in the future.
"Final discussions between Disney and the Shanghai government are not yet complete, and detailed negotiations to produce a final deal will continue for a number of months," a Hong Kong-based Disney spokeswoman told AFP in an email.
Fri Nov 05, 2010 12:25 am
Mon Nov 08, 2010 5:55 pm
Thu Apr 07, 2011 9:03 am
Thu Apr 07, 2011 10:36 pm
The Walt Disney Company and Shanghai Shendi Group, its joint venture partner in China, have broken ground on the Shanghai Disney Resort following approval from the Chinese central government in Beijing. Both companies marked the start of construction on the first Disney resort in mainland China at a groundbreaking ceremony held earlier today.
"Today marks a significant milestone in the history of The Walt Disney Company," said Robert A. Iger, President and CEO of The Walt Disney Company. "Our Shanghai resort will be a world-class family vacation destination that combines classic Disney characters and storytelling with the uniqueness and beauty of China. Working with our Chinese partners, the Shanghai Disney Resort will be both authentically Disney and distinctly Chinese."
"We're incredibly excited to build a Disney resort in Shanghai, one of the world's most vibrant cities," said Thomas O. Staggs, Chairman of Walt Disney Parks and Resorts. "We are hard at work designing Shanghai Disneyland, which when complete will be a special place where guests of all ages will discover a world of imagination, creativity, adventure and thrills."
Today's groundbreaking ceremony paid homage to the culture and people of China. Traditional Chinese drum music, a female soloist singing in Mandarin, a 50-voice Shanghai children's choir and Mickey Mouse dressed in a traditional Chinese costume were on hand to mark this special occasion. Following the entertainment and remarks, Iger and Staggs were joined by Shanghai Party Secretary Yu Zhengsheng and Shanghai Mayor Han Zheng to officially break ground on the project.
The new Shanghai Disney Resort is slated to open in approximately five years.
The Shanghai Disney Resort will be home to Shanghai Disneyland, a Magic Kingdom-style park that will blend classic Disney storytelling and characters with all-new attractions and experiences tailored specifically for the people of China. The park will feature several themed lands complete with exciting, iconic Disney attractions and experiences. At the heart of the park will be an interactive Disney castle that is truly an attraction unto itself with entertainment, dining and performance experiences that will be unique to Shanghai Disneyland. The park will also contain other large-scale entertainment venues, indoor and out, that can be used for various purposes throughout the year.
A beautiful, 11 acre (46,130 square meter) green space at the center of the theme park will differentiate Shanghai Disneyland and reinforce the themes of sustainability and nature that will be integrated throughout the park. The space will also be a place where friends and family can enjoy local cultural celebrations and customs together.
On Opening Day, the Shanghai Disney Resort will be located on a 963 acre (3.9 square kilometer) site in Pudong, Shanghai, with additional room to expand in the future. At opening, the resort will include Shanghai Disneyland, two themed hotels, a large retail, dining and entertainment venue, recreational facilities, a lake and associated parking and transportation hubs.
There will be an initial investment in the project of approximately 24.5 billion yuan (US$3.7 billion) to build the theme park and an additional 4.5 billion yuan (US$0.7 billion) to build the other aspects of the resort, including the hotels and the retail, dining and entertainment area. The investment amounts will be split between Disney and the Shanghai Shendi Group with Disney holding 43% of the shares of the owner companies and the Shanghai Shendi Group holding the remaining 57%. Financing will be proportional to ownership. In addition, a joint venture management company will be formed with Disney having a 70% stake and Shanghai Shendi Group having a 30% stake. The management company will be responsible for creating, developing and operating the resort.
Around the world, Disney hotels are known for their attention to detail and outstanding Guest service. At Shanghai Disney Resort this tradition will continue with the construction of two themed hotels. Each hotel will have its own distinct theme, a unique selection of shopping and dining opportunities, and a variety of recreation options.
The hotels will be located in close proximity to Shanghai Disneyland and to the resort's shopping, dining and recreation area, making it very easy to turn a visit to Shanghai Disney Resort into a true getaway.
Shanghai Disney Resort will provide recreation areas where friends and families can explore their creativity, connect with nature and enjoy memorable moments together. Guests will find a sparkling lake and green spaces for walking and enjoying nature.
Just outside of the park, Guests will find a lively shopping, dining and entertainment area. From enjoying meals with friends and family to finding unique souvenirs and seeing world-class entertainment, this area will provide fun and excitement for Guests of all ages.
Guests can plan to spend a few hours during the day visiting and enjoying a variety of fun-filled activities in the area. This venue will also be the perfect place to end a day after a visit to Shanghai Disneyland.
With something for everyone, this festive venue will be a "must-visit" for anyone living in or traveling to Shanghai.
Last night, we made history at The Walt Disney Company when we officially broke ground on the Shanghai Disney Resort and we couldn’t be more excited. Did you see the new castle art? Today, we’re continuing the celebration with a first look at the groundbreaking ceremony that was authentically Disney and distinctly Chinese – just as the park promises to be.
The ceremony featured Mickey Mouse dressed in a traditional Chinese costume, a 50-voice Shanghai children’s choir, a female soloist singing in Mandarin and traditional Chinese drum music.
After the entertainment, President and CEO of The Walt Disney Company Bob Iger and Chairman of Walt Disney Parks and Resorts Tom Staggs were joined by Shanghai Party Secretary Yu Zhengsheng and Shanghai Mayor Han Zheng to officially break ground on the project.
The resort will include a Magic Kingdom-style park called Shanghai Disneyland, two themed hotels, a large dining and entertainment venue, recreational facilities and more.
There will be all-new attractions and experiences tailored specifically for the people of China at the park. And yes, expect to see several themed lands with iconic Disney attractions.
The new Shanghai Disney Resort is slated to open in approximately five years. Check back here on the Disney Parks Blog for more updates in upcoming months.