During a Q3 earnings conference call this morning, Comcast executives confirmed that Universal Orlando’s new theme park, Universal’s Epic Universe, is expected to open in 2023.
Regarding theme park growth and the future, Steve Burke, Senior EVP & CEO of NBCUniversal, stated:
“And then if you go out into 2021, roughly 18 months from now, we open in Beijing. And Brian and I were there last week with Tom Williams, who runs our theme parks. It’s going to be a spectacular park, and we’re really looking forward to that. And we recently announced we’re doing a fourth gate in Orlando in 2023. So we think the Theme Park business is a great business for us, and we’re going to be making the investments to try to grow cash flow aggressively in the future.”
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The new location will feature a theme park, an entertainment center, hotels, shops, restaurants and more. With close 570 acres of empty land, Universal’s Epic Universe expansion is roughly the same size of their current Resort property.
Specifics of the new theme park are still mum, but it is expected to feature Super Nintendo World and DreamWorks properties.
Stay tuned to Inside Universal for more on Universal’s Epic Universe and other news around the Universal Parks & Resorts.
