Universal’s first theme park and resort in the U.K. — unveiled early last year and set to be one of the biggest theme parks globally — now has an official name, plus a financial commitment described by the British government as “one of the largest ever investments in the U.K. tourism sector.”
Universal United Kingdom Resort, a title formally unveiled Wednesday and slated to open in 2031, will be located just south of the English town of Bedford, on a 476-acre parcel of land purchased by Comcast in 2023. It was officially given the green light in December. Six months on and the overall spend has now been revealed.
According to the U.K. government, Comcast NBCUniversal has committed to invest more than £5 billion ($6.7 billion) during the expected five years the resort will take to construct, as well as a further £1 billion ($1.3 billion) investment over its first 10 years of operation.
Meanwhile, the government has announced it will support the project with an investment of £1.3 billion ($1.7 billion) on regional and local community infrastructure, with improved transport links for local residents and visitors from across the U.K. and abroad. This package is likely to be one of the most significant investments made in the U.K. during this parliament.
