The Walt Disney Co. has approved a $1.1 billion overhaul of the park to be spread out roughly over a five-year period.  The sum is almost as much as the company spent to build the park initially.

Last year the park drew just under six million visitors, compared to Disneyland’s 15 million.

One of the key projects will be redesigning the entrance plaza and replacing it with something more similar to Disneyland’s Main Street entrance.

The company plans to add many new attractions tying into their Pixar and Disney animated movies.

There may also be a name change in the works for the park.

For more information, visit The Wall Street Journal.