Universal Parks & Resorts said it鈥檚 building a new theme park in Frisco.
It鈥檚 Universal鈥檚 newest project and its first theme park in Texas. The studio did not provide an opening date.
Other parks operated by Universal include one in California 鈥 home of Universal鈥檚 original park tied to its film studio 鈥 and three in Florida. The company also has parks in Japan, Singapore, and China.
Frisco鈥檚 97-acre site will include a hotel, and will be accessible from major roadways including the Dallas North Tollway and Panther Creek Parkway.
Universal said the park will be smaller than others 鈥 which can be sprawling - and cater to families with young children, though it also includes room to expand.
The company chose Frisco in part because the city鈥檚 among the fastest growing in the country. Frisco Mayor Jeff Cheney said his city鈥檚 recognized 鈥渁s a great place to plant professional roots and raise a family.鈥
He added the new park will grow both the tax base and job opportunities, and that he expected the venture to attract visitors and benefit residents and businesses.
Across its global theme parks, Universal reports this segment of its business generates billions of dollars annually.