Set to open in 2031, the ambitious park in Bedford could plan to construct a ride standing at a staggering 377 feet (115m), towering over the current tallest coaster, Hyperia at Thorpe Park, by 141 feet (43m).
The project is part of a joint venture between Universal, the Government, and the local council.
Prime Minister Sir Keir Starmer said: “It’s going to put Bedford on the map for millions of people – film lovers, people coming here for fun, people building their careers here.”
According to the planning documents, the park’s height strategy has been carefully designed to minimise visual impact on the surrounding area.
Buildings and structures are restricted to certain heights depending on their proximity to the site’s boundary, with the tallest structures located in the park’s centre.
The development will follow an “Open Sky Concept”, creating a varied skyline to maintain visual interest.
Sir Keir added: “This is our plan for change in action, bringing investment, bringing opportunity, growth, jobs, and, of course, joy to Britain.”
The park is expected to attract 8.5 million visitors in its first year and generate nearly £50 billion for the economy by 2055.
It will also feature a 500-room hotel, a retail and entertainment complex, and be one of the largest and most advanced theme parks in Europe.
The Government has pledged significant investment in infrastructure and transport around the site, ensuring it is easily accessible for visitors.
The project aligns with other initiatives in the Oxford-Cambridge corridor, including the expansion of Luton Airport.
Chancellor Rachel Reeves said the deal with Universal was “a real sign of confidence in the local economy and in the national economy”.
She added: “£50 billion benefit to the UK economy, 28,000 jobs in a whole range of sectors – obviously construction, that’s going to be a massive part of it in the next few years, but also then retail, hospitality, creative industries, performing arts – things that this country is brilliant at.”
Universal’s theme parks in the US are known for their rides and attractions based on popular franchises such as Minions, ET, Jurassic Park, Fast & Furious, and Shrek.
The park is expected to be a similar attraction in the UK.