Universal Orlando Resort Expansion – Epic Universe
The Universal Beijing Resort spans 405 hectares (1,000 acres) in Tongzhou, an eastern suburb of Beijing. The theme park itself, along with 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 Parks & Resorts. The latter reportedly have a 30% stake in construction and ownership and is entirely in charge of the theme park and resort (other than hotel) operations.
The theme park features many of the movie-centric environments and rides that can be found in existing Universal Studio parks and introduces new attractions reflecting China’s cultural heritage.
In addition to the theme park, the project features a CityWalk RDE district and two themed hotels. Opened in September 2021, the park has a reported USD 6.5 billion initial capital investment (originally USD 3.3 billion).
In December 2021, Beijing local government announced a 220-hectare expansion plan for the 2nd phase of the project. It is reported that the 2nd phase will include an additional theme park and additional hotels. A new water park will potentially be included in the 3rd phase of the project.
Universal Studios Beijing
USD 6.5 billion
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