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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
The court ruled that the project was illegal on the grounds that it was encroaching on the regional park of Sierra de Carrascoy
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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Jobs    News   Products   Magazine
NEWS
Plans for Paramount theme park in Spain fall through after project is deemed illegal by courts
POSTED 14 Jun 2017 . BY Tom Anstey
The court ruled that the project was illegal on the grounds that it was encroaching on the regional park of Sierra de Carrascoy
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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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.
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Natural History Museum has embarked on a project which will turn the iconic museum's London location into a biologically diverse green space.
London to get its own "Garden in the sky", as Camden Highline gets green light
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A former national ski team racer, ProSlide® CEO Rick Hunter’s goal has been to integrate the smoot [more...]
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TechnoAlpin is the world leader for snowmaking systems. Our product portfolio includes all different [more...]
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The company was initially established in 1997. Terry Monkton and Andrew Roberts are the key stakeh [more...]
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Attractions industry to reunite this September at IAAPA Expo Europe in London
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Red Raion - Keynote | Moby Dick - Friends to the rescue!
It’s extremely important for us to show you the process behind every content we produce. Each of our titles stems from deep research, focused on giving you the kinds of content that best fit your venues and target audience. Find out more...
More videos:
Testimonial Richard Needham - SimEx-Iwerks Entertainment – Red Raion
Red Raion Showreel 2022 – Red Raion
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CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

05-06 Mar 2023

CryoCON 2023

Renaissance at Plano Legacy West Hotel, Dallas, United States
10-12 May 2023

Asia Pool & Spa Expo

China Import & Export Fair Complex, China
+ More diary  
 


ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2023

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