Confirmed: Comcast Corp. purchases 475-acres close to Universal Orlando Resort

Screen Shot 2016-02-03 at 1.00.39 PM

Though it’s been widely rumored for the past few months, it’s now official that Comcast Corp., the parent company of Universal Orlando, has purchased a 475-acre plot of land “adjacent to an existing theme park”. They paid $130 million for the Universal Boulevard property.

Plans for the land haven’t yet been released. Comcast said “the land is a real strategic acquisition for the long term down the road.” The Orlando Business Journal notes that the amount of land purchased would be enough room for “multiple new parks, hotels and even space for backstage operations.”

The purchase was confirmed during a 2015 year-end earnings call.

(h/t – Orlando Business Journal)

2 Days FREE with 2-Park 2-Day Ticket!
For a limited time, get two extra days free when you buy a 2-Park 2-Day ticket. With four full days of fun, you’ll have more time to stay and experience it all. Plus, save an additional $20 off gate prices when you pre-purchase your tickets online. Buy now through May 3, 2017 and use by May 31, 2017. Tickets starting from $184.99 per adult + tax.