Disney Signs Deal for Third Paris Theme Park

Euro Disney has inked a deal with the French government to enlarge its operation outside of Paris, land it's looking at using to build a new theme park.

Under the agreement, the company has until 2030 to add the third park on 709 additional acres in the Marne-la-Vallee, near its Disneyland Paris and Walt Disney Studios parks.

With the expansion, Euro Disney is eyeing a potential investment of more than $10 billion, at what is already Europe's top tourist attraction.

The project would also include an eco-tourism resort and housing development with a lake and forest as well as 7,000 hotels beds, to be developed in partnership with a French real estate firm.

"We are committed to developing our tourist destination and supporting France's tourism leadership, while addressing the challenges of sustainable leadership," says Philippe Gas, president of Euro Disney.

Photo, Phil South, flickr
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