• As the Coronavirus pandemic continues to impact everywhere, we understand our users will have a lot of questions about how it affects the theme parks. We are entering unprecedented waters, and honestly, the answer is either "yea, probably", or "Too early to tell". We just don't know specifics until the theme parks give us an answer. At this time, we're asking to please leave the COVID talk to the appropriate COVID threads, and if something officially and specifically is impacted by a closure, then we can discuss it further in the respective threads. Thank you!

Universal's Epic Universe News & General Discussion

shiekra38

Legendary Member
Dec 13, 2009
10,497
Florida
CFO's speak to a different audience. Their job is the reassure investors that the company is taking measured actions and are able to flexibly respond to the current situation. His statement was an appropriate way to address future investments during an uncertain period. Wall street just wants to know that the company is being proactive and cautious.

What we know is that a lot of vendors who are working on this project have been temporarily shut down or are having challenges getting materials. Which lines up with everything we're hearing about a year delay. The CFO's statement can exist in the same world and is not contradictory to what we're hearing.
I read it as:
"Good morning, I'm here to reassure you that we will not be recklessly spending money while the economy is uncertain. We do not know the length of time this will occur, thank you"

So basically typical investment stuff you'd expect during uncertain times.

Also, were we ever really convinced about 2023? I always thought it was wishful thinking

Worst case scenario, we all know Nintentoland fits into the Kidzone plot haha
 
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TheWalkingDad

Newcomer
Feb 2, 2020
45
Until they hit a snag...It was a bullish timeline for sure
Just to clarify, it (the opening) was discussed at an investor meeting, but never officially put out publicly or any other official capacity. So there's that. Not sure but, I believe they'll probably announce EU opening about 6 weeks after it actually opens. Which is just how Universal operates. It's no big deal and it covers their butts if they run into delays getting finished by a certain deadline. Biggest thing that bothers me is the Hollywood park and the Jurassic World ride. It wasn't announced, but had no business being opened when it was for the last major refurb. I think you'll be pleasantly surprised by what they're doing with it as of it's current refurb when it's finally reopened. I'll just say that the finale will blow your mind...and the predator cove should be much improved as well.
 
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Happytycho

Member
Mar 1, 2017
579
Until they hit a snag...It was a bullish timeline for sure
Theme parks aren't alone in experiencing delays due to COVID-19. And if 2023 wasn't realistic before and they're delaying at least a year, then now 2024 isn't realistic either.

Just to clarify, it (the opening) was discussed at an investor meeting, but never officially put out publicly or any other official capacity. So there's that. Not sure but, I believe they'll probably announce EU opening about 6 weeks after it actually opens. Which is just how Universal operates. It's no big deal and it covers their butts if they run into delays getting finished by a certain deadline. Biggest thing that bothers me is the Hollywood park and the Jurassic World ride. It wasn't announced, but had no business being opened when it was for the last major refurb. I think you'll be pleasantly surprised by what they're doing with it as of it's current refurb when it's finally reopened. I'll just say that the finale will blow your mind...and the predator cove should be much improved as well.
Universal later restated the 2023 date at an Orange County meeting, so I'd say it was unofficially official and wasn't just a rogue executive with an optimistic timeline.
 
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shiekra38

Legendary Member
Dec 13, 2009
10,497
Florida
Theme parks aren't alone in experiencing delays due to COVID-19. And if 2023 wasn't realistic before and they're delaying at least a year, then now 2024 isn't realistic either.
I think 2023 was wishful thinking, but not impossible for them
2024 is now a bit wishful thinking IMO, but not impossible

Temper expectations and we'll see....I would never put it past Universal to get something up quickly.
 

Joe

aka TestTrack321
Staff member
Moderator
Feb 15, 2012
12,117
Pittsburgh, PA
I understand the hesitaton on 2023 being a real date, but it was. They were ramping up to start vertical the second half of this year.
 
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Scott W.

Premium Member
Feb 26, 2014
12,546
Glasgow
I understand the hesitaton on 2023 being a real date, but it was. They were ramping up to start vertical the second half of this year.
A 3 year build from going vertical doesn't sound overly ambitious. Universal typically builds a new ride in under 2 years and that usually includes demo.
 
Jul 13, 2018
383
I'd rather they just start construction when they're ready and open when they're ready. Whether that takes three years or four years is up to the state of the economy and whatever random construction, test and adjust, and operational mishaps happen as they are building the parks. The last thing Universal should do is rush EU to meet some arbitrary deadline.
 

Mad Dog

Premium Member
Jan 30, 2013
18,523
Pittsburgh area
The NY Times has a new mapping of where wealthy NYC residents went to flee the virus. The map earlier this week used smartphone data. This new map uses 'mail forwarding' requests to show where they went. Very interesting, and informative, read. "Where New Yorkers Moved to Escape Virus".
 

Happytycho

Member
Mar 1, 2017
579
I always heard early 2023, probably mirroring IoA's opening time frame. I could see them going late 2023 if we're looking at a six month delay. I could also see the park delayed 15 months till summer 2024.
Personally, I think 2023 is now off the table. I just don't see them resuming construction within FY 2020, which would mean a minimum delay of 9-10 months if they give the go-ahead in early Q1 2021. Thus we would be looking at an early 2024 opening at the soonest.
 

shiekra38

Legendary Member
Dec 13, 2009
10,497
Florida
Personally, I think 2023 is now off the table. I just don't see them resuming construction within FY 2020, which would mean a minimum delay of 9-10 months if they give the go-ahead in early Q1 2021. Thus we would be looking at an early 2024 opening at the soonest.
Honestly, I'm ok with waiting if they avoid another VB situation

Granted, that was a theme park and Universal had never tackled a project like that minus pools at resorts
 

LintemuthStudios

Veteran Member
Nov 7, 2016
5,075
Fantastic Worlds
The combination of a worsening economy plus today’s news of mass layoffs at Universal can’t be good for the future of the Epic Universe project. I just hope it doesn’t get scrapped all together.
I don't think Epic Universe will get cancelled, but it would be hilarious if we ended up getting Super Nintendo World in Kidzone after all these years.
 
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