Orange County Approves $5 Million Credit to Universal Orlando Resort for “Epic Universe” Construction Costs
Orange County commissioners have approved a deal that gives Universal Orlando Resort a $5 million credit to offset the costs of removing an old pipeline that currently runs through the construction site of Universal’s upcoming Epic Universe theme park.
The total amount Orange County has agreed to credit Universal is $5,022,440.72, which is equal to 40% of the relocation costs.
The new theme park was originally set to open in 2023, but its timeline has now been delayed as a result of COVID-19.
Orange County has previously agreed to pay Universal Orlando Resort nearly $125 million to build a new road leading to the Epic Universe property.
Universal Orlando Resort currently has two theme parks: Universal Studios Florida and Islands of Adventure. Universal’s Volcano Bay water park is also located nearby. While the existing theme parks are located on the same property, Universal’s Epic Universe will be about 15 minutes away, off of Kirkman Road and Universal Blvd (on the other side of I4).