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Local Name:
The London Resort
Former Name(s):
Paramount Park London
Budget:
3.2B
Announced:
08 Oct 2012
Construction Start:
Opening:
2024
Area:
353 ha
  1. The company wants to license Universal for the second park

  2. I believe that the public consultation is on the 13th August. You can sign-up through the park’s twitter to get updates on it.

  3. Why has there been no updates from the public consultation or news posted by the resort?

  4. Who would be in charge of hiring underground utility locating or any other geophysical surveys needed?

  5. CarlySX is offline themeparX Top Investigator
    Join Date
    Dec 2015
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    It is hard to say and honestly at the moment I wouldn't worry until you start seeing actual construction taking place.

    I would forecast (based on other similar projects) that overall it will increase the house prices in the area - if it's built fully with park etc BUT it will also flood the housing market with lowish quality apartments from developers so if you have a larger house further on the housing ladder i.e. not a starter home you may find it more difficult to sell as the market will be more focussed towards smaller homes for rental and first time buyers. So totally depends on your home, what stage you intend to sell in and what actually gets built.

    Overall the improved infrastructure should work in your favour but with COVID having an impact on people not commuting as much this might be less pronounced.

    Quote Originally Posted by tbsc50 View Post
    Question about local housing? What will be the likely impact on the housing stock and values in the local area?

    I am a local resident (Greenhithe, approx 1.5 miles from the site), and am a little worried that this will drive values down over the next few years as the parks construction gathers pace.

  6. tbsc50 is offline New User
    Join Date
    Aug 2020
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    1
    Question about local housing? What will be the likely impact on the housing stock and values in the local area?

    I am a local resident (Greenhithe, approx 1.5 miles from the site), and am a little worried that this will drive values down over the next few years as the parks construction gathers pace.

  7. admin is online now Administrator
    Join Date
    May 2011
    Posts
    158
    Quote Originally Posted by LeeleeSTAR View Post
    What’s happened to the last post that had the new concept art on it?
    The post you are referring to was removed upon request after the original source of the concept art was deleted.

  8. LeeleeSTAR is offline Park Investigator
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    Jul 2020
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    What’s happened to the last post that had the new concept art on it?

  9. LeeleeSTAR is offline Park Investigator
    Join Date
    Jul 2020
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    6
    Trying not to be a negative nanny again but I’ve done some digging on the Paramount parks announced for China and Korea. Firstly does anyone know if the same people are involved at all three parks? The concept art is remarkably similar.

    Secondly construction work has started in Korea but only on the accommodation, arena and some leisure facilities. The theme park is not expected to start yet for at least a year and a half. I can’t help but wonder if the same will happen in the UK one and then the theme park will not materialise as funds will dry up.

  10. I'm still a little dubious about this project, I really hope the theme park happens but I can't help but think we will only see the flats and some of the listed facilities but no theme parks.

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