New Year’s Eve saw the drawn-out development process of the multi-billion pound theme park the London Resort take a significant step forward: with finalised paperwork submitted to the UK government for approval.
Talks between project heads and nearby local councils have been ongoing for over a decade, but such is the scale of the £3.5bn development – slated to be built on the banks of the River Thames in Kent – that the resort requires Westminster to sign off on a Development Consent Order before any construction work can take place.
London Resort’s chief executive PY Gerbeau said that a swift approval on the part of central government could mean that ground will be broken at the site as early as next year.
“I arrived at this project 18 months ago and it has been non-stop ever since,” he remarked. “We have revived, reviewed, and reprogrammed the entire venture…this will be so much more than just a theme park.”
Touted as the UK’s first prospective leisure destination on a par with Disneyland, Gerbeau hasn’t been shy in predicting what kind of an impact the completed resort will have on the UK economy: with his latest stats claiming that the theme park will have created 48,000 jobs by 2038 – and generated upwards of £50bn in revenue.