NBCUniversal Telemundo Enterprises announced on Tuesday it's planning to bring several of Telemundo's operations together into a new massive, high-tech facility in Miami, just in time to cover the 2018 World Cup.

One of the largest investments in broadcast facilities in South Florida history, according to the Miami Herald, construction of the new Telemundo headquarters is estimated to cost NBCUniversal -- and parent company Comcast -- $250 million.

The state-of-the-art 450,000-square-foot building will be located on a 21-acre campus in West Miami-Dade, in the Beacon Lakes District at the corner of NW 25th St. and the Florida Turnpike.

When construction is finished in early 2018, the new global headquarters facility will house the Telemundo Network, Telemundo Studios, Telemundo International, the NBC Universo network, and all of Telemundo's digital media operations. Telemundo's sales offices will continue to operate from New York City.

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