October 8, 2012

Hollywood film giant Paramount plans huge theme park in Swanscombe

A computer-generated image showing the proposed design for the site.

HOLLYWOOD film giant Paramount has unveiled £2 billion proposals to build one of Europe’s largest theme parks in Swanscombe.

Planning to create 27,000 jobs, the 872-acre development planned for the Swanscombe Peninsula is bigger than the Olympic Park.

At the core of the development will be a Paramount-branded entertainment resort, boasting attractions including Europe’s largest indoor water park.

Theatres, live music venues, cinemas, restaurants and hotels are also planned to open in just six years time on the currently derelict brownfield site.

Top-secret talks have been held almost daily between developer London Resort Company Holdings (LRCH) and Dartford and Gravesham Councils during the past year.

Gravesham Council leader Councillor John Burden said: “This scheme is as imaginative as it is vast.

“It has the potential to re-energise the entire north Kent economy, wipe out unemployment at a stroke and resolve the long-standing regeneration issues surrounding this peninsula.

“It’s a landmark announcement which could transform the area at super-heroic speed.”

A new country park, the biggest performing arts centre in Europe and apartments for the site’s employees are also in the pipeline.

The developer says a study suggests the huge attraction will draw in thousands of tourists to the north Kent area annually, adding significantly to the economy.

LRCH project leader Tony Sefton said: “Our vision is to create a world class entertainment destination, the first of its kind in the UK.

“We’re at the start of a long journey, but have been encouraged by the support and buy-in we have had to date.

“We are particularly pleased with the appetite we are seeing from investors, who consider this a compelling investment proposition.”

Ebbsfleet International station is at the core of access plans for the site, while the M25, M20 and A20 will provide road access.

Source This Is London

£70m Black Country Housing Scheme Reaches Out for New Jobs

Plans to build hundreds of new homes in Sandwell are closer to breaking ground after three housing developers have been named to deliver the scheme.

Sandwell Council has selected Kier Partnership Homes, Barratt Homes and Compendium Living to build homes in West Bromwich, Smethwick and Wednesbury.

The scheme, partly funded by the Homes and Communities Agency, will see the building of 768 new homes by 2015. The developments will include family homes, bungalows for older people as well as properties for private sale and for social rent.

Businesses and jobseekers are set to benefit from the scheme which is expected to generate more than £70 million worth of construction work and create hundreds of new jobs with local employers.

The three developers have signed construction pledges to work with local suppliers and the council’s Think Local and ‘Find It In Sandwell’ initiatives which will boost employment and help people in the trades.

Councillor Simon Hackett, cabinet member for housing, said: “We’re pleased to announce partners who will help turn our vision for the future of housing in Sandwell into reality.

“We’ll be providing residents with an excellent range of affordable homes for local people to buy, part-own and rent and consult with local people about the new homes we plan to build.”

Assad Hamed, area manager for the Homes and Communities Agency, said: “We know through working closely with Sandwell Council that increasing the supply of affordable homes in the borough is a big priority and we are pleased our investment is supporting this.

“Getting all three schemes up and running will be a major boost for local communities in Sandwell as they will see lots of activity happening across the borough and will benefit from the impact of local jobs and economic growth.”