Posted
After more than a decade of false starts and neighborhood opposition, NBC Universal unveiled a $3 billion plan Wednesday for its 391-acre property that aims to boost tourism, create a new community of 2,900 apartments, condos and town homes and improve transportation. Designed as a blueprint for the next 25 years, the plan also calls for expanded studio production facilities, more office space, and a "refreshed" Universal CityWalk and its adjoining theme park, Universal Studios Hollywood.
Read more from The Daily News and The LA Times .