Infrastructure project? - Like a bus hub or something like that.What could they possibly put on that land? Isn't that pretty small?
What could they possibly put on that land? Isn't that pretty small?
The plot itself appears too small for much, but if they can then buy the walgreens....Boom! New hotel plot.
But the value isn't in just the plot, it's keeping others out and having options for the future. If they can somehow they can get that whole circle of property there by iFly, they have some real options for connecting WNW to the main resort.
Here's a map with the iFLY land (that small red box) relative to the purple properties (SLRC) that Universal bought in the 475 acre package.
The key to everything is still the 800 or so acres owned by UCPM III/FQP controlled by Stan Thomas which surrounds and connects the SLRC land.
That iFLY land is on the same road as that big chunk of land owned by UCPM III and isn't too far from some of the SLRC property, so it could be useful, but the main focus is probably on the UCPM III/FQP properties. The big question here is how long will it take Universal to get all of that sorted out.
I don't think they can really build anything until they get a firm grasp on how all of that 1300 acres would work together if they could get the whole thing for a reasonable price (under $500 million - obviously the asking price per acre will be way higher than the cheap price they got for the 475 acres in foreclosure).
Even if Universal can't get all of it, I think they for sure want all of the land south of Sand Lake Road to build a 2nd resort of roughly 800-900 acres (slightly larger than the current one). They might be willing to go without the 2 big parcels in the Northeast but in my opinion, the whole thing (1300 acres including SLRC) would solve any future land issues permanently.
Oh let me delete and remake that then, thanks.The iFly property you've marked with the red box is the new location. The property up for sale is across from Wet N Wild.
Ironically, those three areas (Anime, SciFi, Horror) are categories NBCUniversal is trying to get synergy off of with Syfy and their ownership of NBCUniversal Entertainment Japan so something related to those would be best bet for some experience outside the park.
We don't talk about the anime based Metroid game. Now we can forget about it with Prime 4 on the way."Anime, SciFi, Horror" That well with some of the Metroid games. There is even sort of mazes in some parts of the games.
It's interesting to think what would happen if E3 came to the Orlando Convention Center instead of LA. It's been hosted outside LA before early on. Universal and Disney might get a big boost in attendance if E3 remains open to the general public. If Universal had attractions based on long running video games series like some of the Nintendo games and something like Assassin's Creed or Warcraft and had E3 nearby, it might be popular. Or maybe some fans of the games might be mad if the attractions aren't enough like the games.
This was the proposed additional land transfer that fell through (before Stan Thomas ended up suing to try to prevent a new theme park):
#1 (the Green properties on the right) + #2 (the Blue properties) would have been transferred to Universal. It looks like it's at least 500 additional acres. Stan Thomas would have kept the Yellow properties (and that Dark Green parcel) so that he'd have valuable land to build on when the 2nd resort is up and running.
Now, I'm not sure how this is all going to play out with the lawsuit still pending, but that's something to keep in mind; eventually this deal could get done and we could be talking about a 1000+ acre set of land (including SLRC).
I found that off a letter dated mid-2016 between Universal and Thomas's reps. It sounds like either Thomas was asking for too much or he didn't like that Universal would have taken over UCPM's control through the restrictive covenants as part of the deal, so he ended up suing instead.WOW great find and explanation!
I would say out all that land getting all of B1, B5, B6 G2, G4 G6, should be their main goals. b4, G1, G3, G5, would be nice extra but those other lots are right against the parks and be used to create a buffer from the world
It looks like a lot of the Blue and Green are either right of ways for future roads or infrastructure. ,or in the case of the green, wetlands that they probably couldn't build on. I'm not sure if they really could build on either of them. It might have allowed them to remove those large ponds from the center of their property and maybe reroute some of the planned roads to free up space. Otherwise, I don't see a lot that they would have gained. It's like He was trying to sell them all the stuff he knew he couldn't build on and keep the good lots to develop or sell later. Maybe thats why the deal fell through.
Absolutely tremendous.That additional land would be yuge
I've heard talk of Universal partnering with Rosen on a luxury golf resort that is conjoined with Shingle Creek. I assume that G5/G6 would be where that would go if they still want to do it.
Weird question, but how big is golf in Orlando? It seems like golf is dwindling in popularity. And since the courses use so much land, I figured there would be a push to develop them soon. There was a small course on the Vegas Strip that's now being developed on because the land is worth more than the course.I've heard talk of Universal partnering with Rosen on a luxury golf resort that is conjoined with Shingle Creek. I assume that G5/G6 would be where that would go if they still want to do it.