Universal Orlando Resort Expansion – Epic Universe
Universal Beijing Resort spans 405 hectares (1,000 acres) in Tongzhou, an eastern suburb of Beijing. The theme park itself, along with the related facilities, spans 121 hectares (300 acres).
The project is owned by Beijing International Resort Co Ltd, a joint venture between Beijing Shouhuan Cultural Tourism Investment Co Ltd (a consortium of five Chinese state-owned companies) and Universal Destinations & Experiences. The latter reportedly has a 30 percent stake in construction and ownership and is entirely in charge of the theme park and resort (other than the hotel) operations.
The theme park features many of the movie-centric environments and rides that can be found in existing Universal Studios parks and introduces new attractions reflecting China’s cultural heritage.
In addition to the theme park, the project features a CityWalk retail, dining and entertainment (RDE) district and two themed hotels. Opened in September 2021, the park had a reported $6.5 billion initial capital investment (originally $3.3bn).
In December 2021, Beijing local government announced a 220-hectare expansion plan for the second phase of the project. It is reported that this phase will include an additional theme park and additional hotels. A new water park will potentially be included in the third phase of the project.
Universal Studios Beijing
USD 6.5 billion
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