If you have a look at this Miceage article,
//http://www.miceage.com/guest/gu013108a.htm
you can see that the gap in between the tv studious and cinemagique is huge.
Plenty of room for Soarin'!
Of course there is plenty of room. There's no question about that. It's when or if they're going to build it. Besides, there are already discussions about the location in the Imagineering board, thus closing this topic.