During Grier's tenure there, he got OLC to approve the construction of a lavish new Disneyland Hotel located near the parks main entrance, fast tracked several new E Ticket attractions currently in the pipeline for both DisneySea and Tokyo Disneyland, and began initial planning on a third massive theme park to be built on landfill adjacent to the DisneySea park.
And here is what it said in the article for anyone who didn't read it. I wish Al could have given at least a little more info.
Perfect Park Acres, the latest in Hover-Burb Communities
Re: 3rd park
I read the article...and it has been on the planning board for more than just the two years Grier was there. Not anytime soon...but when they bought the industrial land a few years ago part of it was to allow them to move out the backstage area around their parks to allow that to become onstage areas for transitions between hotels and parks. Basically to clean up the current TDR to allow for a nice place when they get around to a 3rd park.
The way TDS is flatlining I doubt a 3rd park is on the horizon. TDS caused OLC thier first ever loss in 2001. I don't think till it is paid off they will be in a hurry to build another park.
I read somewhere on the internet that the third gate would be a water park and my mind almost instantly thought of the incredible Lava Lagoon Concept that was originally developed for the Euro Disney Resort. But there's nothing official, it's my own wild wishful thinking.