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Now it's official!
Sources:After 13 years of negotiations and planning, Universal Parks & Resorts said Monday it would open a $3.3-billion, 300-acre theme park in Beijing. The company and its Chinese partners did not set an opening date, but state-run media said the complex would debut in 2019.
The long-rumored park will be among the company’s largest (...)
http://www.latimes.com/business/la-fi-universal-studios-beijing-20141012-story.html
http://www.gulfnews.com
These supposedly show Universal Studios Beijing. But where is the park on these plans?
Picture source:
http://www.pai-hang-bang.com/tupian/%E9%80%9A%E5%B7%9E%E7%8E%AF%E7%90%83%E5%BD%B1%E5%9F%8E%E8%A7%84%E5%88%92%E5%9B%BE.html
This new article (in Chinese) mentions Tianjin once again as the location for the Mainland Universal Studios Park. Tianjin can be reached on a one hour high-speed train ride from Beijing.
http://www.aastocks.com/tc/stocks/analysis/china-hot-topic-content.aspx?id=200000378637&type=17&catg=2
News resource?
Execs from China were/still are in Orlando this week looking at Universal and Sea World properties.
It would be strange if these pictures – taken in June 2014 on the proposed Universal Studios site – weren't depicting preparation for the park. The area of demolition is way too large for an ordinary property development or a mall:
http://www.thethemeparkguy.com/park/universal-studios-beijing/
More:
http://www.thethemeparkguy.com/park/universal-studios-beijing/
Location according to Chinese news media:
Sources:
http://www.zjwnews.com
http://www.tongzhou123.cn
http://www.soufun.com
Strange. According to this article (in Japanese)...
http://www.nikkei.com/article/DGXNZO74251050V10C14A7FFE000/
...Universal Parks chairman Tom Williams said that there "are no plans to build a theme park in China at the moment".
How can that be? "Demolition of existing structures and site clearing on the site has already begun" and "construction is due to start in the fourth quarter of 2014", as reported earlier below...
Article Link:Comcast-owned Universal Studios is now breaking ground with its forthcoming film-themed amusement park in China, which it expects to open in 2018. However, Universal Studios is not new to Asia -- this new park near Beijing will be the company's fourth in Asia outside of the well-established ones in Japan and Singapore and the coming Universal Studios park in South Korea.
Theme park operations have been a lucrative segment for Comcast, both because of the American theme parks and the company's Asian growth. The company made $2.2 billion in total theme park income during 2013 and reported $1 billion in operating cash flow. At an investor conference in January, Comcast CEO Brian Roberts said that the company is "doubling down on theme parks," and that "We think there is a lot there in the theme park business for many years to come, and that we have the low market share and only one way to go."
http://www.fool.com/investing/general/2014/05/02/comcast-will-open-universal-studios-in-china-can-i.aspx