Paramount Land Deal Sealed

The new Paramount theme park and studios will now be built on land belonging to the privately owned company Intersa, following an agreement on price between the owners and Proyectos Emblematicos led by Jesus Samper. Jesus Samper who is also the owner of Real Murcia Football Club, managed to reach an agreement with Intersa to purchase the land located in the south of Alhama de Murcia adjacent to the Alhama - Cartagena Motorway.

Initially Intersa were planning on building Sierra de Alhama a residential golf complex, but the onset of the crisis made the project non profitable so plans to build were abandoned. Whilst the preferred site for the project was on the Condado de Alhama II site, previously owned by Polaris, an agreement on price could not be achieved with the financial institutions who now own the land, following the economic difficulties experienced by Polaris The land owned by Intersa measures more than 1.5 million square meters, sufficient for the theme park; however Jesus Samper did comment that more land adjacent to Intersas may be purchased for additional parking facilities.

The Alhama council have promised to speed up the necessary permissions which involve a change of use from residential to leisure. A spokesperson from the council stated that this should not take longer than 3 months once Proyectos Emblematicos have the deeds to the land, something which according to Samper will be sorted out next week.

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