- Feb 15, 2012
- 17,148
- 47,103
Green and red? Wow. That's... a lot...
Universal Orlando Resort Expansion (Part 1)
- Thread starter ReelJustice
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Green and red? Wow. That's... a lot...
If it's a "large enough" amount of money (vague, I know), Comcast will have to mention it at their next quarter financials.
That could work. I think we can expect something like that.
The foreclosure suit is around $35 million I believe (debt securing red properties).
The remainder is probably worth $40-80 million probably? (very hard to estimate due to the fact that so much is stormwater drainage type of land).
Jesus, can you imagine that? Even Disney would be jealous, considering the fact that the land is in the middle of Orlando.
$115 million for all that would be a steal
Remember, a lot of that is land they can’t build on because of drainage and waterways and such
That type of land is very necessary though when building anything so massive.
No doubt. I just don’t want people seeing that number and expecting 10 new parks or something
- Feb 28, 2015
- 3,827
- 7,339
Yeah. Anything more than 5 is overkill.
Now we can finally start Nintendo construction.
The question of stormwater/drainage is a bit of a misnomer. We have already established that one can build pretty darn close to a creek with proper engineering and other considerations. One of the large parcels on the north side of Sand Lake Rd might be set aside as conservation in lieu of other southern development for example.
Could they in theory build a park on top of a creek and actually incorporate it into the setting they’re building? Like, let’s say a creek running through the Shire?
I think people are confusing "stormwater/drainage" with "wetlands".
Stormwater/drainage can be rerouted and developed.
Wetlands are protected. But can be developed if swapped for other wetlands.
Stormwater/drainage can be rerouted and developed.
Wetlands are protected. But can be developed if swapped for other wetlands.
- Jul 28, 2017
- 89
- 107
Please bear with me so I can understand. Stan Thomas is not a good poker player but knows when he is not holding a winning hand so the bluff he was running with the "No Theme Park" suit was called and maybe that means the east land (green/yellow depending on your eyes) that was only valuable to Universal may be part of the settlement (for a bundle of cash) to drop the suit, allow a park to be built and sell the land to Universal? Is that right?
Now the bankruptcy suit proceeds on the red property and maybe in May Stan shows up with a note to pay off the creditors and the way he got the note is Uni backed it OR it goes to the creditors, Stan does not fight it and the creditors sell the land to Universal?
In the end Universal ends up with all the marbles (1450 acres MoL) and is now surrounding Lockheed Martin on three sides. LM may have plans to move their very expensive plant in the future leaving a cleanup and new land to be done by Universal?
I know that last part is speculation but do I have the rest semi correct?
Now the bankruptcy suit proceeds on the red property and maybe in May Stan shows up with a note to pay off the creditors and the way he got the note is Uni backed it OR it goes to the creditors, Stan does not fight it and the creditors sell the land to Universal?
In the end Universal ends up with all the marbles (1450 acres MoL) and is now surrounding Lockheed Martin on three sides. LM may have plans to move their very expensive plant in the future leaving a cleanup and new land to be done by Universal?
I know that last part is speculation but do I have the rest semi correct?
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