Universal Orlando Resort Expansion (Part 1)
- Thread starter ReelJustice
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- Aug 17, 2009
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Yes, those are high voltage transmission lines, serious stuff, but definitely able to be routed underground. In fact, follow those same lines south 2.5 miles to the Marriott Grande Vista where the lines go underground. Notice that no buildings are located directly above the lines but the space is still highly useful.
Here is the summary of the lawsuit filed:
Orlando Sentinel
The article references at the end a planning board decision that could mean properties that receive a vested rights certificate have to start construction within three years of getting the certificate.
Orlando Sentinel
Governments and lawsuits make everything so much more fun.
Orlando Sentinel
The article references at the end a planning board decision that could mean properties that receive a vested rights certificate have to start construction within three years of getting the certificate.
Orlando Sentinel
Governments and lawsuits make everything so much more fun.
This sucks, but I have a feeling Universal will be able to overcome it. Especially since Orlando thinks its good to have another park here.
I
It would be a bummer if they fall fowl of a clause that they instigated themselves
It would be a bummer if they fall fowl of a clause that they instigated themselves
I am sure Universal's lawyers looked at this. Can't imagine this property being purchased if it could not be used for a theme park by Universal.
Anyone know what the motivation is for filing this lawsuit?
You beat me too it. On the whole,big real estate investors are a pretty slimy bunch. Bankruptcy is their middle name. The laws let them get away with about anything when it comes to manipulation of paying taxes, playing with government subsidy money, and backing out of promises.
He's probably peed off that he lost the land in foreclosure and Uni picked it up for a bargain $130m.
Like you I believe the suits would have gone over this and the land will still be fit to use as Universal see's fit.
- Apr 18, 2013
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I think the guy with the Toothsome lawsuits has a better shot, haha.
I think really the whole lawsuit is based on one of two things. Either he's just wanting the restrictions dropped on his remaining properties and Uni wouldn't play ball. Or he tried to sell his properties to Uni for way too much and they refused, so now he's trying to cause trouble.
The article references September 2015 discussions between the two which is before the property even went up for auction, so the players in this game knew this was all coming for a long time.
Either way the restrictions will end up being dropped across the board and Uni probably ends up with all his land. How the lawsuit proceeds will just determine how much they end up having to pay for it.
The article references September 2015 discussions between the two which is before the property even went up for auction, so the players in this game knew this was all coming for a long time.
Either way the restrictions will end up being dropped across the board and Uni probably ends up with all his land. How the lawsuit proceeds will just determine how much they end up having to pay for it.
Agreed, they can still survey the land, make plans and probably still clear it while any lawsuit takes place
Anyone know if the rumor I heard that the iFly location on I-Drive was purchased by Universal? I just saw they are opening their new location in April and I heard that Universal may have purchased the old one. That could be an integral part of a transportation link between the current property and the Wet N Wild property.
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