Really surprised nobody has mention this yet, but apparently this was announced at D23 a bit ago, and its been posted about on Disney parks blog.
New Fantasy Faire Experience Coming to Disneyland Park « Disney Parks Blog
While, generally, I am opposed to areas devoted entirely to boys or girls, I think this one look pretty good. Plus, its small and fairly secluded, and I think this one looks really nice. And now the land currently taken up by the larger Fantasy Faire can be used for other things.