25 Apr 2013
Planners give Universal extension thumbs up
BY Kath Hudson
Construction is scheduled to start this summer on an extension to Universal Studios theme park in Los Angeles.
The US$1.6bn (£1bn, 1.2bn euro) project is expected to add around 391 acres at Universal City Plaza, which will comprise studio space, office buildings, retail space, a 500-bed hotel and a new theme park attraction The Wizarding World of Harry Potter.
The company has agreed to invest US$100m (£65m, 77m euro) in transportation and transit improvements to mitigate the project’s impact on traffic. A further US$13.5m (£8.7m, 10.4m euro) will fund green space and bike paths.
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