It seems so. A story published on Theme Park Insider has blown the lid off the proposed plans for a second Harry Potter themed land at the Universal Orlando Resort, this time at Universal Studios Florida.
to the story, the new area will, as was rumored, be themed to Diagon Alley, which is located in London but only accessible to those with the magic touch who know how to find it.
The "muggles" visiting the park will of course gain entry to the area, which is known for containing the Leaky Cauldron, a busy pub, Ollivander's Wand Shop (though this was already built in the existing Islands of Adventure land), and most importantly Gringotts Wizarding Bank.
The last item is important because it would appear as though a roller coaster styled trip through the subterranean caverns and chambers of the bank will be the new area's main attraction. Those who have seen the films or read the books know that the method of transport for customers wishing to visit their vault is very much a coaster style train, making a perfect fit for the ride.
Also mentioned is the train ride between the Studios park and Islands of Adventure, connecting the two Potter themed lands.
Naturally there's no confirmation that the leaked plans are true, but it all seems to fit pretty perfectly into place, in my opinion.
Also of note, the attraction being retired for this rumored land, Jaws, will take its final voyage tomorrow!