ANAHEIM, Calif. — Disneyland's future starts now. 

What You Need To Know

  • The Anaheim City Council made the Walt Disney Co.'s DisneylandForward rezoning project official

  • The Anaheim City Council unanimously passed DisneylandForward — after listening to three hours of public comment — last month, but it needed a second reading to make it final

  • The new master plan will reshape and guide the construction of attractions, hotels, entertainment, rides and other projects at the 490-acre Disneyland Resort for the next 40 years

  • Disney plans to invest at least $1.9 billion in the resort in the first ten years of the initiative

On Tuesday, the Anaheim City Council made the Walt Disney Co.'s DisneylandForward rezoning project official. 

"The next era of Disneyland Resort is about to begin," said Disneyland President Ken Potrock in a statement on the Disney Parks blog.

The Anaheim City Council unanimously passed DisneylandForward — after listening to three hours of public comment — last month, but it needed a second reading to make it final.

The new master plan will reshape and guide the construction of attractions, hotels, entertainment, rides and other projects at the 490-acre Disneyland Resort for the next 40 years.

Disney asked the city to rezone the properties as mixed-use instead of independently designated areas. 

Disney plans to invest at least $1.9 billion in the resort in the first ten years of the initiative.

As part of the deal, Disney is also giving the city $30 million for affordable housing, $8 million for parks, $85 million in traffic improvements and pedestrian safety and continued investment in workforce development programs, Potrock said.

“A Cal State Fullerton economic impact study projects increased revenues of about $15 million annually for Anaheim from each $1 billion we invest,” said Potrock. “This will help fund necessary community services, including additional fire and police, parks and libraries.”

With the project passing, Disneyland will now focus on which of their intellectual properties they will build on the property. Will it be "Avatar" or "Encanto"?

"Our future is indeed bright," said Potrock.

"For nearly seven decades, Disneyland Resort has made a unique, irreplaceable impact on hundreds of millions of guests from around the world. How exciting to know our best days are still ahead – I can’t wait to show you what’s to come," he added.