Tag Archives: London Resort_London Paramount

Businesses on Swanscombe Peninsula facing eviction say attraction is putting jobs at risk

Almost 4,500 jobs will be under threat if a Paramount resort is built, according to business owners facing eviction from industrial estates on land earmarked for the attraction. Bosses from about 140 firms affected by the plans said they have had no meaningful negotiations with the developers of the £3.2 billion project, with the uncertainty about… Continue reading »

Paramount: Accounting error claims £291,000 in the bank when developer had only £952

Bosses behind plans for a Paramount resort in Kent wrongly claimed their company had more than £291,000 in the bank, when in fact it had cash reserves of just £952. The accounting error occured in the 2013 accounts for London Resort Company Holdings, which is developing plans for the £3.2 billion London Paramount entertainment resort on… Continue reading »

Chinese investor SinoFortone to invest £100m in London Paramount

Plans to build a huge entertainment resort in Kent have won backing from a Chinese investor to the tune of £100 million. London Resort Company Holdings, which is hoping to build the £3.2bn London Paramount park at Swanscombe, has announced that SinoFortone is to invest an initial amount of £100 million. It follows talks in China… Continue reading »

Bosses of small firms around Swanscombe Peninsula say they fear job losses if they are forced to move by theme park

About 100 businesses facing relocation if a future Paramount entertainment resort goes ahead say they have barely been contacted by its developers and fear heavy job losses. Peninsula Management Group (PMG) has been set up by companies in north Kent affected by the proposed theme park, many of which say there are no suitable industrial… Continue reading »

London Paramount opening date pushed back

The London Paramount resort was due to have planning permission considered this autumn. However, bosses have announced they will now submit the application in mid-2016. This means the attraction, if approved, will not open until 2021. The complex is expected to include a theme park, water park, hotel rooms, and space for businesses. London Paramount was originally… Continue reading »

London Paramount chairman says team has spent £40m on planning for Swanscombe Peninsula resort

In his time as a transport minister and as chairman of a list of companies as long as your arm, Steven Norris has become accustomed to handling big budgets. In the private sector, they do not come much bigger than building a Paramount-themed resort in north Kent, with the bill estimated to reach £3.2bn before it… Continue reading »

Paramount resort chairman calls for Crossrail to be linked to Ebbsfleet garden city

Crossrail, the 73-mile railway being built under London, should be extended to a new garden city in Kent, according to the chairman of the company building Paramount resort. Former transport minister Steven Norris said the business case for extending the new railway line to Ebbsfleet was “very strong” now that plans for a new community in… Continue reading »

Public inquiry to determine Teal Energy plans to build renewable plant in Manor Way, Swanscombe is delayed

A public inquiry to rule whether a £100 million renewable energy plant can be built in Swanscombe was adjourned today after developers revealed a possible land sale. The application by Teal Energy to build the plant in Manor Way was called in by the government despite its approval from Kent County Council. Today, the 10-day hearing… Continue reading »

London Paramount developers warn Teal Energy’s plans for a renewable energy plant poses risk to Swanscombe resort

Paramount resort developers have warned plans to build a £100 million renewable energy plant in Swanscombe could prejudice the planned £3.2 billion theme park, hotels and roads. London Resort Company Holdings (LRCH) has called on Communities Secretary Greg Clark to reject a proposal by Teal Energy to build the plant in Manor Way. Their intervention comes… Continue reading »