Its been known for a long time that a Classic Monsters land will be (well as confirmed as rumours can be) coming to Universal's Fantastic Worlds park.
Here is just one post from last Novemeber discussing the lands in that park.
https://forums.wdwmagic.com/threads...expansion-complex.939736/page-16#post-8468377
Although think of Frankenstein, Dracula etc for Classic Monsters, not Kong and Godzilla. The rumours for the main classic monsters ride is it is based on the Van Helsing ride that was due to go into Islands of Adventure before they built Harry Potter instead.
Is the Kong & Godzilla stuff just wild speculation or credible rumour?