In the past weeks, multiple sources reported that the Universal Orlando Resort was rumored to be interested in purchasing about 450 acres of land found near the Orange County Convention Center. It looks like those rumors were true.
In fact, earlier today, the Orlando Sentinel was able to confirm that this deal has gone through, opening up seemingly endless expansion possibilities for the resort, especially since a portion of the land is already zoned for a theme park.


The entirety of the land that was recently purchased is located just a few miles from International Drive:


As you can see from the above map, there are about 340 contiguous acres that could certainly become home to a second version of the Universal Orlando Resort, including a new theme park and hotels.

As some may already know, the majority of this land was already owned by Vivendi (one of the former parent companies of the Universal Orlando Resort) not too long ago. Sadly, it was all sold when the recession hit to avoid debt and to make the resort more appealing to future buyers (having all that land could have made the price of the resort too prohibitive for interested companies).

Not surprisingly, the Universal Orlando Resort is neither confirming nor denying the closure of this deal.

IMAGE: © 2015 CBRE Group, Inc. All Rights Reserved.

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