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The flicks group Common has mentioned a Hollywood theme park it plans to construct in Bedfordshire, England, can be open one year a 12 months and can enhance the UK financial system by practically £50bn.
Common Locations & Experiences, which is owned by the US telecoms group Comcast, the dad or mum firm of Sky, plans to construct on a 192-hectare web site (476 acres) in Kempston Hardwick close to Bedford. The corporate has an possibility to purchase an additional 25 hectares.
The theme park is predicted to draw hundreds of thousands of holiday makers a 12 months and would come with a 500-room resort and a eating space open to these with no theme park ticket.
The park’s experiences would come with rides, reveals and areas “based mostly on the preferred movies, video video games and tales that individuals have loved for many years”. Common’s present theme parks around the globe characteristic Nintendo, Harry Potter and Shrek.
Building is forecast to create 20,000 jobs and as soon as open create 8,000 jobs initially, with extra jobs seemingly over time, in line with Common. The corporate has pledged to pay the residing wage to workers.
An evaluation by Common, produced consistent with Treasury pointers on financial appraisal, estimates the resort would herald practically £50bn of financial advantages to the UK.
The online financial contribution is forecast to be £35.1bn throughout building and the primary 20 years of operation. It might generate as much as £14.1bn in extra tax returns over the identical interval, the examine mentioned.
Common remains to be conducting due diligence and expects to resolve on the undertaking by the top of the 12 months.
The brand new park, which might take 5 to 6 years to construct, can be constructed on the positioning of Kempston Hardwick brickworks, once the world’s largest brickworks, which shut in 2008 and was demolished in September 2021.
The corporate mentioned 92% of 6,000 folks surveyed throughout a four-week public engagement interval in Might supported the theme park. It mentioned it had “been delighted by the keenness and overwhelmingly constructive responses supplied all through the general public engagement interval”.
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Web page Thompson, Common’s president accountable for new ventures, mentioned: “A world-class theme park and resort from Common has the potential to generate billions in financial profit for the UK, by creating hundreds of high-quality jobs and attracting hundreds of thousands of latest guests to the nation.”
He told Sky News: “We’ve spent the final decade wanting throughout Europe and the UK for areas, and we expect that is one of the best location we’ve ever seen.”
In the meanwhile, Common has 5 theme parks around the globe: US parks in Hollywood, California, and at Orlando in Florida; in addition to websites in Japan, China and Singapore.
Disneyland Paris, along with the related Walt Disney Studios Park, is Europe’s largest theme park, and attracts practically 15 million guests a 12 months.
