Universal Studios Hollywood drops residential plans

Posted Tuesday, July 17, 2012 9:34 AM | Contributed by Jeff

NBCUniversal has killed a controversial proposal to build 3,000 homes on its property, officials announced Monday. Instead, it wants to beef up its movie and TV studios and theme park as part of a $1.6 billion long-term makeover.

Read more from The Daily News.

Tuesday, July 17, 2012 11:38 AM

I wonder what took so long to decide/announce this? Seemed like a non-starter originally, let alone after the real estate crash.

Tuesday, July 17, 2012 11:54 AM

If USH needed 3,000 homes on their property, they'd already be there.

Tuesday, July 17, 2012 8:07 PM

Jan,mi figure it took this long because before they didn't have plans for HP west, which could make a reason to expand the park further later.


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