$1.6B NBCUniversal expansion project moves ahead in Calif.

A $1.6 billion expansion project at NBCUniversal's Hollywood lot and studio has been approved by the Los Angeles County Board of Supervisors. The project is expected to create more than 2,000 jobs. The company will invest $500 million in the first phase, which includes construction of The Wizarding World of Harry Potter theme park. Work at the theme park will start this summer.

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Deadline.com · San Fernando Valley Business Journal (Calif.)

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