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Paramount Park
Lifestyle Center
Latest update from Premursa
PREMURSA exercises its option to purchase the lots of the future Paramount Park and LifeStyle Center in Alhama de Murcia for 15.8 million Euros

10 Apr 2012
It is anticipated that on February 6, 2012, the public deeds will be granted and payment will be made by Proyectos Emblemáticos Murcianos (PREMURSA).
The lot, situated in Alhama de Murcia (Murcia) has a total area of 1,812,926.83 m²; of which 774,777.83 m² will be for Paramount Park and 1,038,149 m² for the LifeStyle Center.
Madrid, Wednesday, December 21, 2011. Last Friday December 16th, Proyectos Emblemáticos Murcianos (PREMURSA) exercised its option to purchase the lots of the future Paramount Park and LifeStyle Center located in Alhama de Murcia for 15,812,851 €.
PREMURSA, the company promoting this project, will make this payment on February 6, 2012, at which time they will be granted the public deeds to the lots.
This action is a step forwards in the project, which includes the Paramount Theme Park in Europe and the LifeStyle Center, A large cultural, business, and entertainment complex, located in an area privileged by its geographical, historical, and climatic characteristics.
The lot, located in Alhama de Murcia, has a total area of 1,812,926.83 m²; of which 774,777.83 m² will be for the Paramount Park and 1,038,149 m² for the LifeStyle Center.
Jesús Samper, President and CEO of PREMURSA, has stressed "the importance of exercising the option to purchase these lots", which implies "a considerable step toward the project’s execution".
The Paramount Park and LifeStyle Center, officially presented on October 4th in Madrid, will require a total estimated investment of over 1 billion Euros and will create an international tourist destination, which is expected to be visited by over 3 million visitors annually, both national and international.
Thus, the Paramount Park will become a singular destination in Europe, which will feature the latest attractions, for all ages, distributed over 4 thematic areas; as well as 2 themed hotels.
For its part, the LifeStyle Center aims to become the business, culture, and entertainment hub of the area throughout the entire year, thanks to its 7 hotels and its entertainment district which will include a Street Mall, restaurants, bars, night clubs, casino, etc.; as well as a business district which includes cutting-edge office designs, a convention center and an auditorium.
The opening of the Paramount Park, as well as the first phase of the LifeStyle Center is planned for April 2015.

Latest update from other press
10th November 2012: Premursa move their offices to the Cide building, Alhama De Murcia ind est, Las Salinas.

8th November 2012: New plans are signed to allow for the fact a parcel of land cannot be purchased. Work will now have to wait a further 2 months for these to be passed

11th November 2012: work due to start on Paramount Murcia...watch this space.

11th September 2012: Cruz and Samper go to America to seek further funding. They claim it was a positive meeting

18th July 2012: New contract signed with council. This had to be done as Premursa has not managed to buy all of the land for their project.

14th July 2012: Premursa open Job aplications. Application form is available from this link: PREMURSA

7th July 2012: Alhama council announce road construction will start this Autumn

31st May 2012: First stone laid
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Premursa Theme Park S.A. has decided to centralize services in its headquarter located in Madrid by closing its office in Alhama de Murcia.

Paramount Park Alhama de Murcia project is still moving forward in its Madrid office. 21st April 2015

THE DEVELOPING COMPANY OF PARAMOUNT PARK ALHAMA DE MURCIA CARRIES ON NORMALLY WITH ITS PROJECT

The piece of information published today on the media may fall into mistaken information by suggesting that PREMURSA THEME PARK S.A. is under the proceeding of necessary arrangement with creditors.

The rest of the information refers to another company - Grupo Santa Mónica Sports S.L. - which does not hold any share in PREMURSA THEME PARK S.A.

PREMURSA THEME PARK S.A. carries on with its capital and financing raising so as to achieve the Project’s goals.

In Alhama de Murcia, on 21st April 2015