NBCUniversal has dropped controversial plans to build thousands of residences on its famous back lot and hopes instead to add movie and television production facilities and expand the Universal Studios Hollywood theme park.
The new $1.6-billion proposal was unveiled Monday just before the release of the final environmental impact report on the company's proposal to improve the sprawling studio and tourist attraction in the San Fernando Valley.
The new $1.6-billion proposal was unveiled Monday just before the release of the final environmental impact report on the company's proposal to improve the sprawling studio and tourist attraction in the San Fernando Valley.