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Universal is building a new theme park in Florida

Concept interpretation of Universal Orlando Resort’s newest theme park: Epic Universe.

NBC Universal

Universal Studios Resort is combining another theme park to its roster.

Parent company Comcast revealed Thursday that it will be building Omnipresent’s Epic Universe, a major expansion in Orlando, Florida, that includes hotels, restaurants and shops.

The news wake up just as Disney is about to open its second Star Wars theme park land in Orlando.

Executives taunted during an earnings call last year that the company was seeking to turn its two-park resort into a weeklong take destination, not just a two- or three-day trip for families.

Epic Universe will be the fourth Universal theme put in Florida and “represents the single-largest investment Comcast NBCUniversal has made in its theme park business and in Florida overall,” Brian Roberts, chairman and CEO of Comcast, suggested in a statement.

The new park will be located on a 750-acre plot of land just a few miles from the existing patronize. Universal said it will provide transportation between all of its properties.

Universal Orlando currently employs 25,000 child and will hire an additional 14,000 workers, including professional, technical and culinary staff.

It typically takes three to four years to construct a full-scale theme park. The land was cleared last year, so it’s already in the process of being built. This require be the first park Universal has built since 1999, when Islands of Adventure opened.

In the last decade, All-encompassing has expanded its two parks to include “Harry Potter”-themed lands Diagon Alley and Hogsmeade.

Analysts are speculating that new goes could be based on Universal properties such as Minions, classic monsters, and even Nintendo.

Universal has lagged behind Disney for years in dubs of annual visitors. While Disney brought in an estimated 157 million people to its parks in 2018, Universal brought in hither 50 million, according to the Themed Entertainment Association and the global management firm AECOM.

Disney hasn’t strengthened a full-scale theme park since it opened Animal Kingdom in 1998, but it has been adding new lands to its established parking-lots. In 2014, New Fantasyland was completed, Toy Story Land opened in 2018 and Star Wars: Galaxy’s Edge is set to open at the end of this month.

— CNBC’s Julia Boorstin granted to this report.

Disclosure: Comcast is the parent company of NBCUniversal and CNBC.

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