Disney to expand Fantasyland at Walt Disney World

Mickey Mouse's house and his Toon Town world will make way next year for a vastly larger Fantasyland, in the biggest-ever expansion of the Magic Kingdom at Walt Disney World in Florida, Walt Disney Co said on Saturday.

The Fantasyland expansion, whose price tag was not disclosed, will open in two stages in 2012 and 2013 and builds on the popularity of the Disney Princess and Fairies franchises, which have topped $4 billion in global retail sales.

Disney theme parks Chairman Jay Rasulo said the Fantasyland project, which breaks ground next year, will be paid for from funds designated for the theme park division's annual capital expenditures.

Plans call for four Disney Princess characters -- Cinderella, Sleeping Beauty, Belle from "Beauty and the Beast" and Ariel from "The Little Mermaid" -- to be featured in "fantasy lands" where park visitors engage in dancing, storytelling or a birthday party with costumed characters from the films.




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