For the most part, once a Disney park parade ceases to be run, the parade units are demolished.
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The decision was made to postpone development of the Mary Poppins-inspired attraction and Spaceship Earth at this time.” While the Walt Disney World spokesperson used the term “postpone” in the statement, that typically means a project is cancelled or shelved indefinitely.
At Walt Disney World, guests of Disney's Beach Club Resort and Disney's Yacht Club Resort share access to Stormalong Bay, an onsite water park loaded with attractions, including a tranquil lazy river.