The London Resort (Paramount Park London)
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Article I found on investments into the resort

https://www.arabnews.com/node/1776686/business-economy

Originally Posted by BenJacobs

I would surely expect a post-Brexit UK to be encouraging major tourism projects like this.

When NSIP has been approved and a permit has been given, LRCH is capable for applying for grants to help with construction of the resort. They have not made it clear yet whether they remain operating as a private supported project or that they will request financial support from the UK government.

BALPPA however has made it very clear that there are worries, as far back as 12th of October 2015, concerning this project for tourism in the UK. As Paul Kelly stated in his letter to the NSIP " cannibalise the existing tourism industry in London, or become a 'white elephant' that does not deliver the proposed benefits". Which is showing that although the group endorse new competitors, it should not be based on false promises. Don't forgot that the LRCH has proposed a 15 million visitors in their theme park annually, which is the same amount of visitors combined in the theme park industry today in the UK.

Originally Posted by Hjalmar

According to the latest meeting of NSIP, they are still "on their way" for submitting their plans to the board. However with 2 weeks left in December to make it within their own timescale. Concerning leaving the EU, the UK has better things to do than building a theme park, like sorting out the aftermath of the departure.

I would surely expect a post-Brexit UK to be encouraging major tourism projects like this.

Originally Posted by Guest

I'm looking forward to seeing more progress be made with this project, I personally think it will go ahead but maybe with an opening date for 2025.

After leaving the EU I think the UK government will grab this opportunity with both hands

According to the latest meeting of NSIP, they are still "on their way" for submitting their plans to the board. However with 2 weeks left in December to make it within their own timescale. Concerning leaving the EU, the UK has better things to do than building a theme park, like sorting out the aftermath of the departure.

I'm looking forward to seeing more progress be made with this project, I personally think it will go ahead but maybe with an opening date for 2025.

After leaving the EU I think the UK government will grab this opportunity with both hands

Originally Posted by Guest

I think that you are being quite negative. There has been significant progress recently and the DCO is planned to be put forward early 2021, I am sure everyone would love to see this project go ahead!

Personally I see myself as realistic, this park was suppose to open in 2020 with permit filing in 2016. This hasn't happened until now, and according to your post they have again delayed the timeline and moved it to 2021.

What makes me more worried is that up to now, no details have been shown on what is going to attract people to the park. If you compare this with relevant projects like Universal's Epic Universe, the filing of official documents show detailed masterplans of what each section of the park is going to be. Up to this point London Resort has shown intentions of what's to come except for concepts with generic themes. This is weird as they claim to have ITV, Paramount and BBC behind them for IP's, so where are the IP inspired concepts?

They are asking people to sign off on the DCO with no knowledge on what the both parks offering into the mix of all hotels, E-Arena and other side offerings within a resort. Basically they are now selling Disney Village with the hotels without telling what the parks are.

I would love to have a resort 30 minutes from my home, but let's be realistic, this has been going on since 2015 without any construction as of yet.

Originally Posted by Hjalmar

As long as the resort doesn't file for the permit request for building, the project is not going ahead. They have only shown preliminary investigations and intentions up to this point. NSIPs mean nothing more than that the government recognizes that the project has an impact on the country if approved and constructed. As long as London Resorts keep faffing about with their permit request, like they have done over the last five years, they will not start constructing anytime soon. The permit request was suppose to happen in Q4 of this year, however I haven't seen this done as off yet. If they don't do the permit soon, the opening of 2024 might be a very difficult deadline to reach.

I think that you are being quite negative. There has been significant progress recently and the DCO is planned to be put forward early 2021, I am sure everyone would love to see this project go ahead!

Originally Posted by Parisio1980

Will the London Resort go ahead?

As long as the resort doesn't file for the permit request for building, the project is not going ahead. They have only shown preliminary investigations and intentions up to this point. NSIPs mean nothing more than that the government recognizes that the project has an impact on the country if approved and constructed. As long as London Resorts keep faffing about with their permit request, like they have done over the last five years, they will not start constructing anytime soon. The permit request was suppose to happen in Q4 of this year, however I haven't seen this done as off yet. If they don't do the permit soon, the opening of 2024 might be a very difficult deadline to reach.

Originally Posted by Parisio1980

Will the London Resort go ahead?

Hi guys, sorry if this has been asked before!

I live very locally and am very much in favour of the Resort, how confident are you guys that the Resort will actually go ahead given that it has been on the horizon for many years now?

I believe it will as the government has recognised it as a significant infrastructure project and an experienced CEO has been appointed. I hope this answered your question.

Will the London Resort go ahead?

Hi guys, sorry if this has been asked before!

I live very locally and am very much in favour of the Resort, how confident are you guys that the Resort will actually go ahead given that it has been on the horizon for many years now?