AHC: Theme Park on the former Hollywood Park site

What would be a good time frame for a theme park to have been built on the former site of the Hollywood Park race track in Inglewood, California?
 
The racetrack closes in 1979. Disney buys it in the late 1980s. The park opens in 1995.

Also is this for American Magic?
 
The racetrack closes in 1979. Disney buys it in the late 1980s. The park opens in 1995.

Also is this for American Magic?

I could use it for American Magic. It is already 1987 in that TL.

In I'm Going to Disney World, which takes place concurrently with American Magic, the Rams stay in Los Angeles and build a new stadium on the Chavez Ravine parking lot in 2008.
 
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