According to Young, that land will become home to Universal's fourth Orlando park, and Nintendo will be one of several themed lands to be built there. Nintendo holds the trademark for Pokémon and this is part of a plan to distribute Nintendo out to all the properties, much like Harry Potter.
The problem for fans will be the wait.
While "Fast and Furious" will open this year, a Harry Potter roller coaster is scheduled for completion in 2019 and Pokémon is coming in 2020. Nintendo is set to open in Japan and Hollywood first, before Orlando in 2023.
All the design work and development for Universal's parks will be done in Orlando.
Currently, Universal is involved in a lawsuit with the former owner of the property, who did not want a theme park on the property. It's expected to take a year to resolve.
Universal is looking to add one attraction per year to stay competitive with Disney, which celebrates its 50th anniversary in 2021.