Company to revive project in a different form
TOKYO — Oriental Land, which operates Tokyo Disney Resort, has abandoned plans to build an indoor entertainment complex outside Tokyo, the company announced on Tuesday.
The complex would have offered family friendly entertainment, shopping and dining with a Disney flavor and was due to open in 2010. Oriental Land worked with Disney for a year on various models and locations as businesses and local governments around the country tried to lure the complex to their communities.
However, it has decided that bottom line risks outweigh the benefits.
The company hopes to revive the project in a different, more profitable form.