Universal Studios Beijing
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More details from Universal Studios Beijing contract signing ceremony:

The Universal Beijing Theme Park and Resort Joint Venture Agreement Signing Ceremony was held in New York at the headquarters of Comcast NBCUniversal.

According to previous reports, the overall investment in Beijing's Universal theme park will be more than 50 billion yuan (US$7.85 billion), in which 21.5 billion yuan (US$3.37 billion) will be invested into building the core area. The development of the first phase of the theme park will be finished in 2019 and Beijing's subway line 7 will also be extended to allow an easier commute to the park.

Beijing's Universal theme park and support facilities will occupy a 120-hectare site in Tongzhou District, Beijing. The theme park will be accompanied by a Universal CityWalk entertainment complex and a first-ever Universal-themed resort hotel. The theme park will blend China's rich cultural heritage with Universal Parks & Resorts' unique family entertainment experience and Hollywood movie culture with Hollywood mogul Steven Spielberg as a creative consultant.

The park will be jointly owned by Beijing Shouhuan Cultural Tourism Investment Co., Ltd., a consortium of four state-owned companies, and Universal Parks & Resorts, a business unit of Comcast NBCUniversal. The sequel projects after 2019 will include the second theme park, a water park and another five resort hotels.

Source:
http://china.org.cn/arts/2015-09/14/content_36579704.htm

Announcement of the Universal Studios Beijing completion date: 2019


This will become the largest Universal Studios at 2.02 million square meters.

Source:
http://shanghaiist.com/2015/09/14/beijing-universal-studios-opening-date-2019.php

From the article below.

The Beijing Universal theme park deal was signed on Sunday in New York, indicating a milestone for the project to move forward.

The Universal Beijing Theme Park and Resort Joint Venture Agreement Signing Ceremony was held in New York at the headquarters of Comcast NBCUniversal.

Deal for the theme park's construction signed.
http://china.org.cn/arts/2015-09/14/content_36579704.htm

@xanderm, wow, thank you so much for the update!

l live nearby, so i went there for a look last week. not much is new, except the grass grows taller now, but i took some pics anyways. it's still quite a shock because there used to be so many buildings where now it's only grass, i'm surprised they grow so well.

you can see the river (the empress xiao river) which will go through the park or by it i think, they tore down an old bridge, and someone is unhappy that their house was tore down "illegally". i'm sure they will sort it out, as far as i know they are generous with the compensation. the pics of the buildings are nearby resident complexes to the north of the park. 10 years ago there's nothing but farm land. the villagers who used to live there now live in the taller red buildings with white top. in the pic behind the buildings across the road would be the park area. the other pic with buildings, the camera was facing west, so the park area is out of view on the left side.

on related subjects, they are extending two subway lines (line 7, and batong line, itself being an extension of line 1) eastward to reach the park. they are also building a new line connecting the two airports of beijing (the new one is being built) and it will probably pass by the park.

central government made a big dicision about beijing, to move many institutions and facilities to the east suburb of tongzhou district, to upgrade it to a "second center" of beijing, in order to solve the many problems the city has now. that's our dictrict, where the park is in. this is a good message, because lots of money and talent and attention will pour into this larger area, and projects in it will gain higher priority. we already see many improvements of infrastructure.

the air pollution problem of beijing, which was worst two years ago, has seen fast improvement. which is of course not necessarily a good thing, since the government here has greater power in their hands to achieve the goals they desire. at least this one is which we all desire. i'd like to have faith that they will solve the problem.

will go check the site out from time to time.

Apparently there has been no construction updates yet because construction will begin October this year.

Source:
http://ent.163.com/15/0521/07/AQ4E77G9000300B1.html

The link above is in Chinese. I translated it to English with Google Translate on Chrome.

Looks like nothing to big is happening at the site from looking at Google Earth. We need pics from the site. Now.

We need new pics from the site to confirm that it is under construction.

Thanks for the update.