Universal Orlando said to have contract on huge land parcel on Universal Blvd.

Posted | Contributed by Jeff

If Universal Orlando becomes the new owner of 474 acres near the Orange County Convention Center, it would inherit much of the zoning and entitlements needed to build an attraction, thousands of hotel units and structures up to 400 feet high. Three Orange County commissioners and sources with knowledge of the deal have said Universal has a contract on the properties. The land is owned by California-based Colony Capital.

Read more from The Orlando Sentinel.

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