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Local Name:
레고랜드 코리아 기공
Budget:
270M
Announced:
01 Sep 2011
Construction Start:
28 Nov 2014
Opening:
2019
Location:
Chuncheon, Korea
Area:
28 ha
Developer:
Feasibility Study / Consultants:
Designers:
Contractors:
Daelim Industrial Company, ELEL Development Company
  1. CarlySX is offline themeparX Top Investigator
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    It looks like the issues surrounding the excavation of this site won't go away.

    "The Cultural Heritage Administration of the Park Geun-hye government has tried to look at the convenience of Chuncheon LEGOLAND, not to preserve the prefectural sites," the representatives of the National Assembly said in a press conference.
    They said, "If the site is found in the construction site, the construction will be stopped and the site will be determined by the subcommittee of the store." However, the Cultural Heritage Administration did not stop the excavation of Chuncheon LEGOLAND, "We have allowed the excavation (excavation to remove artifacts and dismantle tombs in order to save relics and relics before development)."




    Source: http://sisa-news.com/news/article.html?no=110269

  2. Michael is offline themeparX Top Investigator
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    Current status from Merlin Entertainment: "Construction of bridge and key infrastructure for LEGOLAND Korea now complete; partner funding to be finalized."

    Source: https://otp.tools.investis.com/clients/uk/merlin_entertainment/rns/regulatory-story.aspx?cid=692&newsid=940148

  3. Michael is offline themeparX Top Investigator
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    Difficultly securing funds persists...

    Source: http://www.chunsa.kr/?p=29519

  4. CarlySX is offline themeparX Top Investigator
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    Can anyone help to translate the video?







    Report 'Merlin' LEGO Land development project that fell into the bog after the direct investment of the company's main business ceased. With the prospect that it will not be easy to sell the surrounding land and cover the construction costs, the alternative is to find new investors.

  5. CarlySX is offline themeparX Top Investigator
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    Updated google maps from June 2017. More blue liner is down, lots of groundwork done but no building as such.





    Source: Google Earth

  6. CarlySX is offline themeparX Top Investigator
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    Between these two reports, it looks to me like Merlin are only investing in the projects around the park rather than the construction of the park itself due to not wanting to get involved in local legalities. So the local procurement of investment has been left to local Gangwon Province and ELel Development to secure the funding needed to build the actual park.

    This park is looking less likely each passing day...

    In the meantime, officials also reported that they had an unfounded illusion that "Merlin would invest directly." Jong Jae-woong (Chuncheon, along with Democratic Party) said, "From the beginning of the project, the participants who have vested interests have avoided entry of large-scale investment and made a wall."
    "From now on, it is necessary to strengthen transparency, to prevent the collapse of the Alpensia and Taebaek Otu Resort, "We need to re-check to make sure it is not a precedent for large-scale projects." Kim, Jin-Jin Chung said,
    Source: http://www.kado.net/?mod=news&act=articleView&idxno=868497

    According to the Legoland Support Division of Gangwon Province, Merlin Entertainment Group will hold a board of directors meeting on August 3 (UK local day) to invest KRW 165 billion including KRW 110 billion including KRW 55 billion in real estate and related hotels in Legoland theme park in Gangwon Province. 150 billion KRW The company decided not to invest in the direct construction related to the main construction due to difficulty in financing itself.
    Source: http://www.wsnews.co.kr/sub_read.html?uid=42301&section=sc40&section2=

  7. Michael is offline themeparX Top Investigator
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    Construction delays continue as the use of the land allocated for Legoland is debated because of the ancient relics found during initial excavation





    Sources: http://www.chunsa.kr/?p=26449 and kado.net/?mod=news&act=articleView&idxno=859069

  8. Michael is offline themeparX Top Investigator
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    Construction contracts have been signed

    Source: http://www.gwjournal.com/news/articleView.html?idxno=3097

  9. HazelJune is offline themeparX Top Investigator
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    A Gangwon Province project to build a Legoland theme park on Chuncheon’s Jung Island is facing multiple threats.
    Gangwon Province is now finding itself under heavy fire. Having invested in kind in a 9.76 billion won (US$8.8 million) project site, the province is participating in the project with LL Development as its majority shareholder, with a 44% share. Replying at a Q&A session during an ad hoc meeting on Mar. 16, Gangwon Provincial Council deputy chairman Kim Seong-geun voiced fears about the project, saying the “chances of success with the Legoland construction project, which has dragged on for six years now, are just 1%.”

    But the project‘s delay has been causing side effects all around. The building of a bridge leading into the Legoland finishes around October of this year, with 85.8 billion won (US$77.1 million) in government and other investment. The project’s completion was timed to meet the earlier promised opening date in late 2017. The result will be a Legoland bridge without the Legoland.

    Source: http://english.hani.co.kr/arti/english_edition/e_international/788505.html

  10. Michael is offline themeparX Top Investigator
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    Further progress towards opening LEGOLAND Korea, targeting 2019
    Source: https://twitter.com/onlinehyde/status/837704918878269440

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