Universal Parks & Resorts announced plans on Wednesday to construct two new theme parks, including a “one-of-a-kind” family-friendly park outside Dallas and a horror-themed park in Las Vegas.
Universal Parks & Resorts announced plans on Wednesday to construct two new theme parks, including a “one-of-a-kind” family-friendly park outside Dallas and a horror-themed park in Las Vegas, adding to Universal’s portfolio of massive parks as it competes with Disney.Key Facts
Universal’s planned park in Frisco, Texas, just north of Dallas, is tailored for “younger audiences,” with attractions on nearly 100 acres of land, Universal Parks—a subsidiary of NBCUniversal, which is owned by Comcast—said in aThe company did not say when construction would begin in Frisco’s $10 billion Fields development, where several other projects are planned, including a $500 million Omni hotel and the PGA headquarters, theThe company is also planning to open a significantly smaller...
cost $6.5 billion to construct—double its original budget and $1 billion more than Disney’s Shanghai park .
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