According to a piece in yesterday’s Orlando Sentinel, Universal Orlando has recently purchased another 101 acres of land for new theme park projects in Orlando. This is on top of the 475 acres that Universal acquired back in 2015. Universal closed the purchase on Thursday at a total cost of $27.5 million. For those familiar with the local area, the new acreage can be found along Sand Lake Road.
The land sits next to the $130 million purchase Disney made back in December 2015 off Universal Boulevard and west of Destination Parkway. This gives Universal an impressive expanded area of 570 acres to develop for future theme park projects.
As of going to print, Universal has yet to reveal what they plan to do with the land. It has been a busy time for the theme park giant which has recently unveiled its Volcano Bay water park. However, Universal has previously said that a Nintendo themed area is in the works under a deal with the Japanese video-game giant.
This announcement marks an exciting time in the history of Universal. Keep following along with Chip and Co. for the latest news and updates regarding Universal’s plans for this new purchase.
Thinking about a visit to Disney? There are still fantastic 2017 packages to be had and 2018 discounts are now available! Fill out our form below to receive your FREE quote.
Image copyright Universal.