Universal acquires land for rumoured new theme park | attractionsmanagement.com news
POST YOUR JOB ONLINE
Free ezine/digital edition sign up
Jobs . News . Features . Video . Products . Magazine . Handbook . Advertise . Contact us  
NEWS
Universal acquires land for rumoured new theme park
POSTED 13 Apr 2018 . BY Tom Anstey
Universal has acquired hundreds of acres of additional land in Orlando, leading many to believe the operator is about to build a third park in the area.

The move comes after Stan Thomas, the Georgia businessman who formerly owned of the land, finally agreed terms to remove restrictions that would block such a project following a long-running legal dispute.

When owner of the property, Thomas filed a lawsuit against Universal’s attempt to acquire the land, arguing that he still owned rights to enforce private deed restrictions, one of which included a ban on theme parks, a restriction which has been since removed.

Although the company has not publicly commented on use for the land, a theme park has been heavily hinted at in planning documents and outward statements. During the court hearing with Thomas, Universal’s lawyer referenced the theme park plans, saying they were “obviously super, super secret commercial information.”

“We are excited about our plans for this area, and we are looking forward to sharing more at the right time,” said a Universal spokesperson.

“We also look forward to working with our neighbors in the area and our partners in the community as we move forward.”

Although the amount of money the land purchase cost has not been revealed, Thomas’ affiliate companies related to property have wiped US$144.7m (€117.3m, £101.5m) of debt from those ventures. Now the land has been acquired, Universal must negotiate with Orange County on securing permits for roads and other infrastructure. In addition to a new theme park, the purchase would also open up the possibility for new restaurants, retail and hotels from Universal.
MORE NEWS
Stephanie Young named new managing director at Hong Kong Disneyland
Hong Kong Disneyland Resort (HKDL) will have a new managing director, effective as of 1 February 2019, after Disney Parks, Experiences and Consumer Products announced the appointment of Stephanie Young into the role.
Karnataka government to float theme park tender
The state government of Karnataka, India, is set to float a global tender to develop a site at Brindavan Gardens near Krishnaraja Sagar (KRS) into a theme park.
Bart Dohmen appointed as Unlimited Snow CEO
Unlimited Leisure has announced the appointment of former BRC Imagination Arts managing director Bart Dohmen as CEO of its Unlimited Snow Development brand.
MAD Architects reveal 'theatrical' design for Rotterdam observation deck
Chinese starchitects MAD have released images of their newest project – a spiralling staircase and observation deck in Rotterdam.
+ More news   
LATEST JOBS
Fundraising Officer
Eastleigh Borough Council
Salary: Circa £30,000
Job location: Eastleigh, UK
Team Leader
West Cheshire Museums
Salary: £23,111 - £26,470 Pro Rata per annum
Job location: Marston, Northwich, UK
Head of Technical Operations
Eleven Arches
Salary: Competitive
Job location: Bishop Auckland, UK
Visitor Services Officer (Seasonal)
Forestry Commission
Salary: £19,995 - £21,175 per annum
Job location: Buckinghamshire, UK
Visitor Services Officer
Forestry Commission
Salary: £19,995 - £21,175 per annum
Job location: Buckinghamshire, UK
Sales Manager
Hoburne Ltd
Salary: Competitive Salary and Benefits
Job location: Cotswold, UK
+ More jobs  

COMPANY PROFILE
Simworx Ltd

The company was initially established in 1997. Terry Monkton and Andrew Roberts are the key [more...]
+ More profiles  
FEATURED SUPPLIER

Seeper brings history to life at Little Big City Beijing
Merlin Entertainment latest attraction, Little Big City Beijing, has opened in China. [more...]
VIDEO GALLERY

Red Raion: Meet the Team - Introduction
Red Raion: Meet the Team - Introduction Find out more...
More videos:
Birds of a Feather 4D Trailer – nWave Pictures
The Son Of Bigfoot 4D Trailer – nWave Pictures
Red Raion - VR/5D Films Showreel 2016 – Red Raion
+ More videos  

CATALOGUE GALLERY
 

+ More catalogues  
ATTRACTIONS DIRECTORY
+ More directory  
ATTRACTIONS DIARY

15 Jan 2019

Prospects 2019

Expedia HQ, London, United Kingdom
15-17 Jan 2019

EAG International

ExCel London Exhibition Centre, London,
+ More diary  
LATEST ISSUES
+ View Magazine Archive

Attractions Management

2018 issue 4


View issue contents
View on turning pages
Download PDF
FREE digital subscription
Print subscription

Attractions Management

2018 issue 3


View issue contents
View on turning pages
Download PDF
FREE digital subscription
Print subscription

Attractions Management

2018 issue 2


View issue contents
View on turning pages
Download PDF
FREE digital subscription
Print subscription

Attractions Management

2018 issue 1


View issue contents
View on turning pages
Download PDF
FREE digital subscription
Print subscription

Attractions Management News

28 Nov 2018 issue 118


View on turning pages
Download PDF
View archive
FREE digital subscription
Print subscription

Attractions Handbook

2018


View issue contents
View on turning pages
Download PDF
FREE digital subscription
Print subscription
 
ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
 
ATTRACTIONS MANAGEMENT
ATTRACTIONS MANAGEMENT NEWS
ATTRACTIONS HANDBOOK
PRINT SUBSCRIPTIONS
FREE DIGITAL SUBSCRIPTIONS
ADVERTISE . CONTACT US

Leisure Media, Portmill House, Portmill Lane,
Hitchin, Hertfordshire SG5 1DJ Tel: +44 (0)1462 431385

©Cybertrek 2018
Jobs . News . Products . Magazine
NEWS
Universal acquires land for rumoured new theme park
POSTED 13 Apr 2018 . BY Tom Anstey
Universal has acquired hundreds of acres of additional land in Orlando, leading many to believe the operator is about to build a third park in the area.

The move comes after Stan Thomas, the Georgia businessman who formerly owned of the land, finally agreed terms to remove restrictions that would block such a project following a long-running legal dispute.

When owner of the property, Thomas filed a lawsuit against Universal’s attempt to acquire the land, arguing that he still owned rights to enforce private deed restrictions, one of which included a ban on theme parks, a restriction which has been since removed.

Although the company has not publicly commented on use for the land, a theme park has been heavily hinted at in planning documents and outward statements. During the court hearing with Thomas, Universal’s lawyer referenced the theme park plans, saying they were “obviously super, super secret commercial information.”

“We are excited about our plans for this area, and we are looking forward to sharing more at the right time,” said a Universal spokesperson.

“We also look forward to working with our neighbors in the area and our partners in the community as we move forward.”

Although the amount of money the land purchase cost has not been revealed, Thomas’ affiliate companies related to property have wiped US$144.7m (€117.3m, £101.5m) of debt from those ventures. Now the land has been acquired, Universal must negotiate with Orange County on securing permits for roads and other infrastructure. In addition to a new theme park, the purchase would also open up the possibility for new restaurants, retail and hotels from Universal.
MORE NEWS
Stephanie Young named new managing director at Hong Kong Disneyland
Hong Kong Disneyland Resort (HKDL) will have a new managing director, effective as of 1 February 2019, after Disney Parks, Experiences and Consumer Products announced the appointment of Stephanie Young into the role.
Karnataka government to float theme park tender
The state government of Karnataka, India, is set to float a global tender to develop a site at Brindavan Gardens near Krishnaraja Sagar (KRS) into a theme park.
Bart Dohmen appointed as Unlimited Snow CEO
Unlimited Leisure has announced the appointment of former BRC Imagination Arts managing director Bart Dohmen as CEO of its Unlimited Snow Development brand.
MAD Architects reveal 'theatrical' design for Rotterdam observation deck
Chinese starchitects MAD have released images of their newest project – a spiralling staircase and observation deck in Rotterdam.
+ More news   
LATEST JOBS
Fundraising Officer
Eastleigh Borough Council
Salary: Circa £30,000
Job location: Eastleigh, UK
Team Leader
West Cheshire Museums
Salary: £23,111 - £26,470 Pro Rata per annum
Job location: Marston, Northwich, UK
Head of Technical Operations
Eleven Arches
Salary: Competitive
Job location: Bishop Auckland, UK
Visitor Services Officer (Seasonal)
Forestry Commission
Salary: £19,995 - £21,175 per annum
Job location: Buckinghamshire, UK
Visitor Services Officer
Forestry Commission
Salary: £19,995 - £21,175 per annum
Job location: Buckinghamshire, UK
Sales Manager
Hoburne Ltd
Salary: Competitive Salary and Benefits
Job location: Cotswold, UK
+ More jobs  
 


ADVERTISE . CONTACT US

Leisure Media, Portmill House, Portmill Lane,
Hitchin, Hertfordshire SG5 1DJ Tel: +44 (0)1462 431385

©Cybertrek 2018

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
ATTRACTIONS MANAGEMENT NEWS
ATTRACTIONS HANDBOOK
PRINT SUBSCRIPTIONS
FREE DIGITAL SUBSCRIPTIONS