Posted
An Atlanta investor with plans to develop a large-scale tourist resort is close to closing an 1,800-acre land deal with Universal Orlando. Stan Thomas, president and owner of Thomas Enterprises Inc. of Atlanta, confirms he is in talks with Universal to buy the property: "We want to create a harmonious master plan for the property."
Read more from Orlando Business Journal.
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Brett
Resident Launch Whore
I'm not as familiar with the property as I'd like to be, but is all of the land on the south side of Hollywood Way and west of Royal Pacific owned by Universal and vacant? Is that perhaps the the land in question?
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Jeff - Webmaster/Admin - CoasterBuzz.com - My Blog
Blogs, photo albums - CampusFish
What time does the water show start?
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Check out www.themeparkdiva.com for info on my new show!
I guess this means that, instead of seeing a third Universal park, there would be a new park by yet another "player" in the Orlando market?
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-Rob
A.C.E. member since 1990
Posting @ Coasterbuzz since 2000
E.C.C. member since 2002*** This post was edited by Rob Ascough 10/6/2003 10:46:18 AM ***
This wouldn't be "competition" if the land was sold. The buyer wants to develop a hotel, golf course and "tourist attractions" - so don't expect another theme park player to move in. It's just someone looking to develop some prime Orlando real estate.
And like Jeff mentioned - it sounds like an incredibly stupid idea to sell.
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www.coasterimage.com
Dorney Park Visits in 2003: 17
On another note, the land surrounding that area has quite a bit of industrial/warehouses/office space springing up...
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=brandon=
This seems silly to me... a case of them shooting themselves in the foot, really. With all that Universal invested in Orlando, you would think that they would want land so that they have expansion options in the future. This sale seems as though it would kill that idea.
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-Rob
A.C.E. member since 1990
Posting @ Coasterbuzz since 2000
E.C.C. member since 2002
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-Rob
A.C.E. member since 1990
Posting @ Coasterbuzz since 2000
E.C.C. member since 2002
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Jeff - Webmaster/Admin - CoasterBuzz.com - My Blog
Blogs, photo albums - CampusFish
What time does the water show start?
------------------
-Rob
A.C.E. member since 1990
Posting @ Coasterbuzz since 2000
E.C.C. member since 2002
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