Universal’s 5th Park rumor

[Legacy]

I read on TvTropes somewhere that AFAIK apparently Universal planned to build that said 3rd park somewhere in the mid-2000s, but because of budget problems they had to shelve it, and it had “disastrous consequences”, is there any source for that?

The budget issues resulted in them selling all of the land that was supposed to be the third park. Basically, everything was initially much closer, as the resort would have straddled Turkey Lake Road. It also included an 18-hole golf course on-property where Dr. Phillips is, as Universal planned to donate land on the corner of Turkey Lake and Sand Lake roads, while also paying to build the new Dr. Phillips High School.

The Dr. Phillips conversations were reported in Orlando Sentinel at the time, and the total property plans were shown in a model in the IoA Preview Center.