Orlando has the worst affordable housing situation in the U.S., according to the National Low Income Housing Coalition, with only 13 affordable housing units available for every 100 residents who need one.
According to records obtained by the Orlando Sentinel, Universal Orlando is seeking $348 million in state tax breaks for a new headquarters for Universal Creative.
“We recently announced we are doing a fourth gate in Orlando in 2023,” said NBCUniversal CEO Steve Burke. “We think the theme park business is a great business for us.”
According to the Orlando Business Journal, Universal will pay $48 million for the 56-acre parcels — or more than $857,000 per acre.
The head of the Universal parks division within Comcast revealed some new details about Super Nintendo World in Japan and the new theme park being built in Orlando.
With the attraction lineup, lands, and opening date for Epic Universe all still a mystery, the theme park world can now engage in one of its favorite pastimes: wild speculation.
The location will feature “an entertainment center, hotels, shops, restaurants and more,” but there was no discussion about what intellectual properties would be utilized or even when the new park would open.