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PREMURSA acquires 295,800 square feet of land to complete the total area of ​​future Paramount Park Lifestyle Center (19/07/2012)

Great projects Murcianos SA (PREMURSA) became effective yesterday the acquisition of 295,800.23 m² completing the total area of ​​future Paramount Park Lifestyle Center in Alhama de Murcia.

These two farms in the hamlet of Las Cañadas de Alhama, adjacent to land already acquired in March, 1,031,077 m², which raise the total project area to 133 hectares.

The recent purchase of land amounts to EUR 1,230,091.09, which, together with the € 10,341,708.53 paid in March, represents a total investment of EUR 11,571,799.62.

This transaction represents the culmination of the first phase, which is symbolically laid the first stone on 31 May.

President and CEO of PREMURSA, Jesus Samper, expressed his satisfaction at having completed the acquisition of land, which shows that "they are meeting the deadlines for the project."

The Paramount Park will become a unique tourist destination in Europe, which will feature the art attractions for all ages, divided into 4 thematic areas as well as with 2 themed hotels.

For its part, the LifeStyle Center aims to establish itself as the hub of business, cultural and leisure in the region throughout the year, thanks to its 7 hotels and recreation area including a Street Mall, restaurants, bars , clubs, casino, convention center, an auditorium and an office area.

The opening of the Paramount Park, and the first phase of the Lifestyle Center, is expected in the first half of 2015.

Source: PREMURSA

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