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Studio City News

Universal Studios Will Expand
Posted by Kyle Maloney on Apr 24, 2013 - 2:52:58 PM

STUDIO CITY—Universal Studios theme park, located at 100 University City Plaza, was given the green light to considerably expand on Tuesday, April 23.

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Universal Studios Hollywood. Photo courtesy Facebook.
The Los Angeles County Board of Supervisors approved the plan for NBCUniversal at a board meeting on Tuesday. Supervisor Zev Yaroslavsky praised the expansion project, saying, “Today’s action ensures that one of L.A.’s most historic motion picture and television studios will continue to be a pillar of our hometown industry.”

Called Universal Evolution, the $1.6 billion project has been in the works for nearly a decade, and is expected to add 1.88 million new square feet to the area.

Plans for the project include more studio and retail space, office buildings, a 500-room hotel and The Wizarding World of Harry Potter, a new theme park attraction.

The expansion is estimated to create more than 30,000 jobs, and according to an NBCUniversal spokeswoman, the economic impact will be more than $2.7 billion during construction and more than $15 million in new county revenue.

A total of $100 million will also be put into transportation and transit improvements in order to help alleviate the expansion’s effect on traffic. In addition, the company will invest $13.5 million to fund green space and bike paths along the Los Angeles River from Griffith Park to Studio City.

Construction for the Universal Studios expansion is scheduled to begin this summer.



 

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Serving Bel Air, Benedict Canyon, Beverly Hills. Brentwood, Laurel Canyon, Los Feliz, Malibu, Pacific Palisades, Melrose, Santa Monica, Sherman Oaks, Studio City, Topanga, Canyon, Westwood & Hollywood Hills.