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In return, the network agreed to help finance the new park.On the suggestion of researchers at Stanford Research Institute who correctly envisioned the area's potential growth, Disney acquired 160 acres (730,000 m²) of orange groves and walnut trees in Anaheim, south of Los Angeles in neighboring Orange County. Highway 101 (later Interstate 5) was under construction at the same time just to the north of the site; in preparation for the traffic which Disneyland was expected to bring, two more lanes were added to the freeway even before the park was finished.Walt's fascination for trains was also encouraged by another studio animator, Ollie Johnston.Soon, Walt built the Carolwood Pacific, a miniature steam train layout in the back yard of the Disney residence on Carolwood Drive.The park got such bad press for the event that Walt Disney invited members of the press back for a private "second day" to experience the true Disneyland, after which Walt held a party in the Disneyland Hotel for them.Walt and his executives forever referred to the first day as Black Sunday.Construction began on July 18, 1954 and would cost US million to complete. Because of his brother Roy's distrust of the project, and because of financial considerations, Walt Disney was forced to turn to outside financing for his theme park.For the first five years of its operation, Disneyland was owned by Disneyland, Inc., of which Walt Disney Productions and ABC each owned half.
Walt Disney and his business partner-brother Roy were heading a Hollywood film studio before their idea of a theme park formed.Difficulties in obtaining funding caused Disney to investigate new ways of raising money.He decided to use television to get the ideas into people's homes, and so he created a show named Disneyland which was broadcast on the fledgling American Broadcasting Company (ABC) television network.Another influence on the Disneyland concept was Walt's interest in model trains.Hazel George, a nurse who treated Walt's chronic pain on a daily basis at the studio, suggested in 1948 that he take some vacation time and visit the Chicago Railroad Fair, which he did, along with Ward Kimball, Disney Studios animator and train enthusiast.
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Disneyland was opened to the public on Monday, July 18, 1955.