Those fountains look more like King's Dominion fountains than World of Color. Looks exactly like the leaked park mark so the giant fountains should be in front of the castle for a Disney Dreams type of show.
Interesting how they're going to do a parade without a Main Street. Probably around the perimeter of Fantasy Gardens.
That big water feature screams "World of Color" to me. And I'm willing to bet dollars to donuts that there's a carousel!