The masterplan for the Paramount Theme Park to be built in Murcia were announced last Friday. The attraction park will be located just five minutes from the Polaris World "Condado de Alhama" Resort and within easy reach of other Polaris World resorts, including the Mar Menor Golf Resort and La Torre Golf Resort.
The theme park will be located in an 158 hectare site on the Mazarron/Alhama de Murcia border, about 15 minutes from the beach and marina resort of Puerto de Mazarron. It will be zoned into different thematic areas inspired by the likes of Star Trek, Titanic and Mission Impossible plus a much larger ‘Lifestyle Centre’ with no less than two five-star hotels, three of four-star status and several more three-star resorts. Also announced were themed shopping malls, restaurants, bars and clubs, a conference centre with the largest meeting room capacity in Murcia – over 3,000 seats – and an open-air auditorium to host 15,000 people.
Michael Bartok, the executive vice president for licensing at Paramount Pictures, reiterated that Spain was “key” to his company and highlighted Murcia’s 300 sunny days each year as a major bonus. Meanwhile Murcias's regional leader Sr. Valcárcel was quick to make reference to the current economic climate in his speech saying that the Theme Park was being launched “with the support and enthusiasm of some and the doubt of others”. He felt that in times of crisis what you cannot do is “stand still” and “while the road is tough, the outcome is sure.” It is reported that Flagship Projects and Paramount Pictures have signed the license agreement for 30 years - renewable for an unspecified period.
For the region of Murcia, one might say that it is a huge privilege to be the recipient of a landmark Theme Park that will rival Disneyland Paris and attract millions of visitors each year. It’s also highly encouraging to follow the progress that has been made on the masterplan in terms of design, investment and timescales. It is estimated that the project would directly create 10,000 construction jobs and upon opening, many more. Without a doubt Paramount will have a positive effect locally - not least on the property market and house values. The area has certainly been through some hard times but Paramount’s confidence and faith proves that the lure and attraction of Spain will prevail.
Source: Overseas Property Professional
