Universal Parks and Resorts on Monday pledged 20 acres of land for affordable housing in Florida, a day before the company asks county officials for millions of dollars for road construction that will allow it to build a third theme park.
The theme park company said the land for affordable housing will accommodate 1,000 mixed-use housing units in Orlando. The metro area is in the middle of an affordable housing crisis for its hospitality-driven workforce.
Orange County Mayor Jerry Demings has made affordable housing a top priority and had recommended working with corporate partners to come up with solutions to the metro area’s housing needs.
The announcement by Universal came a day before company officials were going before the Orange County Commission in an effort to secure $125 million to help extend a road through a 750-acre property. The company intends to build its Epic Universe theme park on the property.