Disney Expansion: CEO Bob Iger Says Historic Level of Projects Underway

by Mia Taylor
Last updated: 6:05 PM ET, Thu March 20, 2025

At the Walt Disney Company’s 2025 Annual Meeting of Shareholders this week, CEO Bob Iger confirmed that Disney park expansion plans are moving forward worldwide.

“Last year we talked about our plans to turbocharge growth in this segment through strategic investments. Today I’m proud to share some of what we’ve been up to,” Disney CEO Bob Iger said at the meeting. “Right now, we have more projects underway around the world than at any time in our history.”

The projects Iger alluded to include Magic Kingdom undergoing its largest expansion ever (complete with a new area inspired by Cars and the much-anticipated Villains-themed land).

Also on tap: A Monsters Inc. themed land coming to Hollywood Studios, featuring the company’s first-ever vertical lift coaster.

A new Tropical Americas land, meanwhile, is coming to Disney’s Animal Kingdom with attractions based on Encanto and Indiana Jones.

And that’s still not all. The Avengers Campus at Disney California Adventure will be doubled in size.

“Guests are going to love the many new offerings coming to our theme parks, and we’re proud of the positive economic impact these projects will have in the communities in which we operate, including creating thousands of new jobs in Florida and California,” Iger said.

Not to be overlooked, Disney Cruise Line is also growing, which will “double our capacity to reach millions more people around the world,” Iger said.

“All of these projects, as well as our $1.5 billion investment in Epic Games to bring a transformational new games and entertainment universe to Fortnite, reinforce how we are giving consumers the opportunity to experience our popular IP in exciting and innovative ways,” he said.

Giving Back

Yet another topic Iger touched upon during his shareholder's talk was Disney’s efforts to have a positive impact in 2024.

In particular, Iger noted that in the wake of the devastating wildfires in Southern California, the company committed $15 million to the recovery efforts.

Iger said it’s “been especially inspiring to see how [Disney] employees have stepped up to assist their neighbors in need, with the Disney VoluntEARS team quickly mobilizing to put on one of the largest disaster relief drives in our company’s history.”

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