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Plans for Paramount theme park in Spain fall through after project is deemed illegal by courts
POSTED 14 Jun 2017 . BY Tom Anstey
Long-touted plans for a Paramount theme park in Spain appear to have finally collapsed after the High Court of Murcia ruled the project to be illegal, according to local reports.

In 2012, a law modifying boundaries of the regional park of Sierra de Carrascoy was annulled. This meant that around a fifth of the land acquired for the Paramount project acquired at a cost of €15m (US$16.8m, £13.2m) in 2010 designated as for agricultural use only.

Following a legal dispute from Ecologistas en Acción – a confederation of more than 300 environmental groups from across Spain – the court ruled that the project was illegal on the grounds that it was encroaching on Sierra de Carrascoy.

As a result of the ruling, the land on which Paramount Murcia would have been built now reverts to being “non-developable”, as the recategorisation of the area was applicable only for the construction of a theme park.

Jesús Samper, the figurehead of the Paramount plan and president of Real Murcia football club, died in late 2015 aged 65. Prior to his death, Samper’s company Premursa was struggling to secure financial commitment from investors on the project.

In an attempt to push the project through, Spain’s government became involved, with then Spanish secretary of state for commerce, Jaime Garcia-Legaz, helping to seek further European backing on the project. Premursa however still failed to secure any private investment in the venture.

The €1bn (US$1.1bn, £881m) project – which first surfaced in 2010 when then regional minister for tourism Pedro Cruz revealed the plans – was to include condos, office buildings, hotels, malls, a casino, a convention centre, gardens, nightlife and dining areas, an exhibition hall/auditorium and the theme park itself divided into several sections.

Attractions Management contacted both Paramount and the local authority for comment.
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Plans for Spain’s €1bn (US$1.36bn, £794m) Paramount Theme Park have stalled over the fact that Premursa – the company behind the project – are struggling to secure financial commitment from investors on the project.
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NEWS
Plans for Paramount theme park in Spain fall through after project is deemed illegal by courts
POSTED 14 Jun 2017 . BY Tom Anstey
Long-touted plans for a Paramount theme park in Spain appear to have finally collapsed after the High Court of Murcia ruled the project to be illegal, according to local reports.

In 2012, a law modifying boundaries of the regional park of Sierra de Carrascoy was annulled. This meant that around a fifth of the land acquired for the Paramount project acquired at a cost of €15m (US$16.8m, £13.2m) in 2010 designated as for agricultural use only.

Following a legal dispute from Ecologistas en Acción – a confederation of more than 300 environmental groups from across Spain – the court ruled that the project was illegal on the grounds that it was encroaching on Sierra de Carrascoy.

As a result of the ruling, the land on which Paramount Murcia would have been built now reverts to being “non-developable”, as the recategorisation of the area was applicable only for the construction of a theme park.

Jesús Samper, the figurehead of the Paramount plan and president of Real Murcia football club, died in late 2015 aged 65. Prior to his death, Samper’s company Premursa was struggling to secure financial commitment from investors on the project.

In an attempt to push the project through, Spain’s government became involved, with then Spanish secretary of state for commerce, Jaime Garcia-Legaz, helping to seek further European backing on the project. Premursa however still failed to secure any private investment in the venture.

The €1bn (US$1.1bn, £881m) project – which first surfaced in 2010 when then regional minister for tourism Pedro Cruz revealed the plans – was to include condos, office buildings, hotels, malls, a casino, a convention centre, gardens, nightlife and dining areas, an exhibition hall/auditorium and the theme park itself divided into several sections.

Attractions Management contacted both Paramount and the local authority for comment.
RELATED STORIES
London Paramount making 'good progress' despite setbacks, says developers


London Resort Company Holdings (LRCH) – the company behind the £2bn (US$3bn, €2.8bn) Paramount London theme park and resort development in Kent – has announced the project is on-track despite a year-long delay in planning submission.
Spain's Paramount-branded theme park plans hit stumbling block as investors fail to materialise


Plans for Spain’s €1bn (US$1.36bn, £794m) Paramount Theme Park have stalled over the fact that Premursa – the company behind the project – are struggling to secure financial commitment from investors on the project.
MORE NEWS
New Tate St Ives in the running for 2018 Stirling Prize
Tate St Ives is the only leisure building to find its way onto the shortlist for the 2018 RIBA Stirling Prize for the UK’s best new building.
British Museum seeks to acquire 'Trump Baby' for dissent exhibition
London's British Museum is planning to borrow the Trump Baby blimp, which flew over the capital's streets last week in protest against US President Donald Trump's visit last week.
'Jurassic' Jeff Goldblum installation appears on London's Southbank
A giant statue of Jeff Goldblum has become an overnight sensation, after appearing in a tourism hotspot next to London's historic Tower Bridge.
Disability and accessibility over heritage, says Archbishop of Canterbury
Justin Welby – the Archbishop of Canterbury – has said that disability and accessibility should take precedence when it comes to heritage matters.
+ More news   
LATEST JOBS
Visitor Services Supervisor
Royal Botanic Gardens Kew
Salary: £24,835 per annum
Job location: Wakehurst, West Sussex
Overnight Accommodation Manager
Zoological Society of London
Salary: £31,464 per annum
Job location: London, UK
Forest Centre Operations Manager
Forestry Commission
Salary: £29,695 - £32,811
Job location: Thetford, UK
Marketing Manager
Legoland Discovery Centre
Salary: Competitive
Job location: Kansas City, Missouri, USA
Marketing Manager
Legoland Discovery Centre
Salary: Competitive
Job location: Melbourne VIC, Australia
Facilities Technician
Legoland
Salary: Competitive
Job location: Winter Haven, Florida, USA
+ More jobs  
 


ADVERTISE . CONTACT US

Leisure Media, Portmill House, Portmill Lane,
Hitchin, Hertfordshire SG5 1DJ Tel: +44 (0)1462 431385

©Cybertrek 2018

ABOUT LEISURE MEDIA
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