Universal Orlando Resort made a highly-anticipated and long-awaited announcement today. The world-class vacation destination will be getting a lot bigger as the resort will be adding Epic Universe, a third theme park and fourth gate overall.
- No timeframe for the opening of the new park was announced today.
- We also weren’t given any details on what intellectual properties we can expect to see in this new park when it does open.
- Epic Universe will consist of more than just a theme park though. It will also include hotels, shops and restaurants.
- Concept art (shown above) and a new logo (shown below) were also revealed for the new area of the resort.
- The new project was announced to be Comcast’s largest investment in the parks, though specific numbers were not shared.
- This project will create 14,000 jobs with a starting rate of $15 per hour.
- Universal also shared a graphic showing the amount of land Epic Universe will reside on, and it appears to at least match the amount of land Universal Orlando Resort currently takes up.
- Universal also announced a 50/50 public-private partnership in which Universal is investing $160 million to extend Kirkman Road into the area where the new park will be located, creating the necessary infrastructure for the new resort area.
What they’re saying:
- Brian L. Roberts, Chairman and Chief Executive Officer of Comcast Corporation: “Our new park represents the single-largest investment Comcast NBCUniversal has made in its theme park business and in Florida overall. It reflects the tremendous excitement we have for the future of our theme park business and for our entire company’s future in Florida.”
- Tom Williams, Chairman and Chief Executive Officer for Universal Parks & Resorts: “Our vision for Epic Universe is historic. It will build on everything we have done and become the most immersive and innovative theme park we have ever created. It is an investment in our business, our industry, our team members and our community.”
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