The London Resort theme
park planned for Swanscombe in Kent
will submit a planning application next year – and is due to open in 2024 – the
developers have told Dealmakerz.
The new theme park, believed
to involve a £32bn investment, was first proposed in 2012. As well as the park
covering 535 acres there could also be 3,500 hotel rooms. The park was
originally launched with the support of Paramount Pictures who later withdraw
but a new deal has recently been agreed with ITV Studios to use their brands
within the attractions.
A spokesman for The London
Resort told Dealmakerz: “We expect to submit a planning application in the
early part of next year, following a statutory consultation with the local
community. We hope it will be positively received and believe this
development will make an enormously positive economic and cultural contribution
to not only Kent, but the
whole of the UK,
acting as a catalyst for wider regeneration for the
“There is further work to
be done with the detail designs of the core of the report, while we continue
our ongoing dialogue with potential investors and commercial partners, where we
remain encouraged by the ongoing appetite to get involved with the project.
“With planning approval,
we would anticipate starting work on site in 2021, with the opening of the
first phase in 2024.”
The London Resort proposal
has been some time in gestation, leading some to wonder if it will actually
materialise. Assuming it does, however, its impact on the regional economy and
property market in this part of Kent
could be substantial.