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Theme Park Supplier's News of the Week #12 Bolliger Mabillard, MAURER Rides, ETF Ride Systems, Lo-...

World Waterpark Association Success for WWA's 33th Symposium and Trade Show

Hong Kong Disneyland to introdoce Iron Man Experience First major Marvel attraction planned in 2016

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Record anniversary edition for Euro Attractions Show More than 8,500 attendees on a record exhibit floor

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NewsParcs is an online trade publication dedicated to theme park industry professionals worldwide.

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NBCUniversal changes the development plan

of Universal City in Los Angeles

Update : 17:16 Published by François Mayné the 24 July 2012, Project.

NBCUniversal Media announced last week it had revised the development plan of Universal City, its huge property in Los Angeles (California, United State) where stand its film production studios and the entertainment complex of Universal Studios Hollywood. This decision comes just months after the acquisition of the company by Comcast that wished to redefine the objectives and content of the plan.

Named "Evolution", this master plan was first unveiled in late 2010 and originally foresaw a series of new developments over a period of 20 years for an investment then estimated at nearly $3 billion, or about €2.5 billion.

Among these developments were planned the expansion of the theme park (with the construction of 7 new rides), the reorganization of the Studio Tour route (with the loss of certain scenes in the backlot), the expansion of the entertainment complex Universal Citywalk (with a 500-rooms hotel and a theater), new facilities for production studios and the creation of a residential area of 50 hectares (123 acres) with nearly 3,000 housing units.

It is this latter part of the plan which was finally simply suppressed. It was indeed criticized by local politicians, residents, associations of the film/television industry and even by some shareholders of the Group. The main argument advanced was the incompatibility of a residential area with the activities of a studio and an entertainment complex that might no further expand in the future, resulting in damage for employment and business development.

The new master plan ''Evolution'' of Universal City has no more residential units to focus on production facilities and Universal Studios Hollywood complex

The amended master plan, which investment is now estimated at $1.6 billion (approximately €1.3 billion) will now focus on production and post-production facilities (5 additional acres/2 hectares) and the expansion of both Universal Studios Hollywood theme park (10 additional acres/4 hectares) and CityWalk (10 additional acres for the development of other hotels and car parks)

“After taking a hard look at the project, the current real estate market, our business needs as well as the new owner's priorities, we believe it's best to ask the City and County to focus on the Evolution Plan No Residential Alternative in the Final EIR for the upcoming hearing process and for our 20-year plan to eliminate the residential and retain our backlot for production” stated NBCUniversal. “This is the right time in the process to make this decision and it will enable us to concentrate and invest in our core businesses, television and film production, Universal Studios Hollywood Theme Park and CityWalk. Planning for our future in a way that is responsive to the community has always been a priority of the Evolution Plan and today marks the next step in making this important project a reality.”

Click here to read the Final EIR report.

NBCUniversal will publish soon more details about the new plan on the Evolution website : nbcuniversalevolution.com

Universal Parks & Resorts - Universal Creative - - -

Written by François Mayné

François Mayné Publishing Director » Contact Us
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Bellewaerde Park
(9 articles found)

Difficult season for Compagnie des Alpes' amusement parks read more

The Compagnie des Alpes leisure parks recorded disappointing financial results during fiscal year 2012/2013 which ended on September 30. The...

CORPORATE | Bellewaerde Park - Published on November 10, 2013

Compagnie de Alpes' leisure park sales continue to decline in the third quarter read more

Adverse weather conditions at the beginning of the season and the ever difficult economic conditions in Europe have negatively impacted the activities...

CORPORATE | Bellewaerde Park - Published on September 9, 2013

Theme Park Industry News Roundup – Issue #3 read more

NewsParcs' Theme Park Industry News Roundup is a summary of the latest major news related to the theme park industry worldwide. This Industry Roundup reports news specifically on operators, owners, trade associations and...

NEW | Bellewaerde Park - Published on August 11, 2013

Theme Park Supplier's News of the Week #4 read more

NewsParcs' Theme Park Supplier's News of the Week is a review of the latest news and releases of companies supplying the theme park industry worldwide. This weekly report covers topics such as corporate announcements, financial...

NEW | Bellewaerde Park - Published on July 23, 2013

Compagnie des Alpes' leisure park activity is down in first half of FY 2012-2013 read more

The French operator Compagnie des Alpes (CDA), which owns a dozen leisure parks and attractions in Europe and North America - including Parc...

CORPORATE | Bellewaerde Park - Published on June 18, 2013

Bellewaerde Park prepares the opening of Huracan with ZIERER and TAA Industries read more

While the opening of the season is approaching at Bellewaerde Park, the management team of the Belgian amusement park wished to invite the media...

NEW | Bellewaerde Park - Published on January 30, 2013

Bellewaerde Park to open an indoor family coaster manufactured by Zierer in 2013 read more

The Belgian wildlife and amusement park Bellewaerde Park, owned by Compagnie des Alpes, announced a few days ago its plans for for the 2013 season...

NEW | Bellewaerde Park - Published on September 28, 2012

Belgian theme parks counterattack pessimistic weather reports read more

This isn't really a surprise, the poor weather conditions in Belgium have not really been up to the expectations of theme parks operators since...