Here’s the latest on Universal’s Epic Universe construction

2022-09-16 23:19:03 By : Ms. Cassiel Zhou

Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.

Foundation work on one of Universal Orlando Resort’s future hotels serving the new Epic Universe theme park is underway -- marking a major point in construction.

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Apopka-based contractor Finfrock Construction LLC filed a notice of commencement Sept. 2 for Project 912 -- the rumored project codename for one of Epic Universe’s hotels fronting Universal Boulevard, according to Orange County documents.

The expiration date of the permit, which may indicated the timeframe for the project’s completion, is June 30, 2025.

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A 350-unit apartment community near Universal Orlando that began leasing just last summer has sold for an eye-catching price tag. The buyer is Beverly Hills, California-based OpenStreet Capital LLC, a privately held investment firm with a focus on acquisition and management of assets in California, the Pacific Northwest, Nevada and Florida. The property was sold by its original developer, Foster City, California-based Legacy Partners, and its joint venture partners Phoenix Capital Management LLC and Silverpeak Real Estate Partners.

Universal has merged its brand development team with its parks and resorts merchandise group to create the newly formed products and experiences division. The current Universal Brand Development president, Vince Klaseus, will lead the new division. He will report directly to Mark Woodbury, chairman and CEO, Universal Parks and Resorts. Universal Parks and Resorts in […]

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