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Tribune News Service
Tribune News Service
Business
Mitchell Parton

5 things to know about Universal Studios as park makes Texas debut

Universal Studios is bringing its next theme park to Frisco, Texas, its third location in the U.S. as the chain continues to expand worldwide.

Universal Parks & Resorts — the theme park arm of entertainment giant NBCUniversal — has bought a site on the Dallas North Tollway for a new, kid-friendly theme park. The almost 100-acre planned entertainment hub will be located on the Dallas North Tollway in the $10 billion Fields development.

The project will be designed to appeal to families, with immersive experiences making it a one- to two-day destination, said Mark Woodbury, chairman and CEO of Universal Parks and Resorts. There also will be a 300-room Universal-themed hotel.

Unlike Universal Studios’ sprawling parks in Orlando, Los Angeles and abroad, the Frisco development will be a much smaller attraction — the first of multiple such projects the company plans. It’ll be about one-fourth the size of the company’s Orlando park.

Here’s what to know about the company’s history in the parks business and what it could be bringing to Frisco.

Universal has five park and resort locations worldwide

Universal has five theme parks and resorts open around the world, nine hotels and 10,000 hotel rooms around the world.

Universal Studios founder Carl Laemmle first opened his Hollywood studios to the public in 1915. The studio began offering tram tours in 1964 and opened its Jaws ride in 1976 with a 25-foot animatronic shark.

Universal Orlando Resort opened in 1990. It now includes the Universal Studios Florida theme park, the Islands of Adventure theme park and the Volcano Bay water park. It also has eight themed hotels.

Universal CityWalk, a themed dining and entertainment complex, opened outside of the Hollywood park in 1993. Six years later it opened in Orlando.

Universal Studios Japan opened in 2001, breaking worldwide attendance records in its first year, according to the company. The company opened a second park in Asia, Universal Studios Singapore, in 2011, and a Beijing park in 2021.

The company continues to invest in its parks, cities

In 2019, Universal announced a third theme park in Orlando called Epic Universe, which Brian Roberts, CEO of parent company Comcast Corp., said at the time was “the largest investment we’ve ever made in a park.”

Universal Orlando Resort and Orlando’s Right Rail coalition announced Jan. 5 they would create a public organization that would plan and construct a commuter rail station near the future Epic Universe park linking the park to Orlando International Airport and Orange County Convention Center.

Rides and attractions

Universal parks primarily feature rides based on the company’s film and television catalog. Attractions are based on films ranging from “Revenge of the Mummy” to “Transformers” and “Harry Potter.”

The Wizarding World of Harry Potter opened in Orlando in 2010. Universal Studios Florida revealed another Harry Potter attraction, Diagon Alley, in 2014. That same year, the Wizarding World opened in Japan, and the Hollywood park added the attraction in 2016.

Universal Studios Hollywood plans to open Super Nintendo World Feb. 17, a themed land based around Nintendo video games with a ride based on the Mario Kart series using augmented-reality technology and projection mapping.

Universals Studios Florida held its first Halloween event, Fright Nights, in 1991. Four of Universal’s parks host the annual event, now known as Halloween Horror Nights.

How Universal fits into the bigger Comcast picture

Universal Parks & Resorts is a division of NBCUniversal, a subsidiary of Philadelphia-based Comcast. Comcast acquired NBCUniversal in 2011. Comcast also is a broadband, wireless and video provider through its Xfinity, Comcast Business and Sky brands.

Comcast’s entertainment, sports and news arms include Universal, Sky Studios, NBC and Telemundo and Peacock.

Universal’s parks brought in more than $5.4 billion in revenue from the start of 2022 through December, about 19% of the company’s $29.3 billion in total revenue over the same period, according to Comcast public filings. Park revenue increased 71.6% from 2021 to 2022 following the resurgence of tourism after Covid-19.

Universal is a massive employer in Orlando

Universal is the third-largest employer in Orlando with 21,143 workers, behind AdventHealth (37,000) and Walt Disney World Resort (58,478), according to the city of Orlando and the Orlando Business Journal.

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