This is it Texas families, this is what we've all been waiting for. Universal Parks & Resorts announced plans to bring a new concept for families with young children to Frisco, Texas.

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The park, will be called Universal Kids Frisco and "will be a kids-themed park with immersive experiences and rides involving Universal movies."

The new park concept, set in a lush green landscape and featuring immersive themed lands, celebrates Universal’s iconic brand of entertainment, humor, and innovation and brings to life its beloved characters and stories in ways that will wow even the youngest theme park goers.

According to officials the new park will span nearly 100 acres near the Dallas North Tollway and Panther Creek Parkway, and the park will be roughly one-fourth the size of Universal's main theme parks.

There are still several hoops that will need to jumped through, and certain approvals are still needed to move the project forward, but Frisco Mayor Jeff Cheney called the efforts a "great partnership."

"BREAKING: #Universal Parks & Resorts announces it has purchased land in Frisco with plans to build a new theme park designed “specifically for families with young children” via Sydney Pershing on Twitter

No opening date has been announced yet.

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