Universal Orlando Plans on Building Two New Parks in the Future

Earlier today, GrowthSpotter shared very interesting news that revealed additional information about the future of Universal Orlando. More than 260 acres of land bordering the 517 acres of land purchased by the Universal Orlando Resort since December 2015 are now part of a new foreclosure lawsuit that could potentially benefit the theme park giant, as the parcels of land in question could be aquired by Universal once they become available, creating an even larger expansion area. 

These undeveloped parcels are located along Universal Boulevard and Destination Parkway, in an area that is expected to become extremely busy in the coming years thanks to a number of entertainment companies expressing interest in building new attractions (including Ripley's, Unicorp, Universal Orlando, and many others). 

But the most interesting piece of information in the GrowthSpotter article is this: "Universal representatives have told Orange County staff of a vision for two new theme parks on the land, but the company has not announced specific plans."

Based on that statement, the Universal Orlando Resort might soon welcome two new parks in that new area, matching the number of theme parks found at the Walt Disney World Resort. While that should be considered a forward-looking statement, it is undoubtedly exciting to see such an aggressive plan, which could dramatically change the theme park scene in Orlando.

Before getting too excited, it is important to remind ourselves that we are still years away from seeing any new theme parks opening in that area. That being said, the future of the theme park industry is looking quite bright.

MAPS: © 2017 Orange County Property Appraiser/Google. All Rights Reserved.

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