Major step forward in plans to build London Paramount Park resort on Swanscombe Peninsula
PUBLISHED: 17:12 27 July 2015
The resort will reportedly create 27,000 jobs
The London Paramount Entertainment resort has taken an ‘important’ step forward according to site bosses.
The amusement park, which will be built on the Swanscombe Peninsula, is due to open in 2020, subject to its planning application being approved. Developers claim the resort would cost £2 billion to build, and create around 27,000 jobs.
Building chiefs were facing a public inquiry after Teal Energy proposed a waste to energy scheme on a key site needed for the resort.
But now the parties have reached an important agreement for both projects and Teal Energy will seek an alternative site. The inquiry has been cancelled.
Paul Sadler, chief executive of Teal Energy said: “The Swanscombe Peninsula will be transformed as a result of London Paramount and the Ebbsfleet Garden City. Teal Energy is keen to find an alternative site in north Kent.”
This gives added impetus to the London Paramount Entertainment Resort proposals following the recent purchase of Bamber Pit and Essenden Sports Ground.
David Testa, chief executive of London Paramount said: “We’re delighted to have reached an agreement with Teal - without doubt this is another important step in the right direction for the future of the project.”