Initial plans to construct a 600-acre theme park and hotel complex about 50 km (31 miles) outside of Moscow were announced on Thursday.
The project involves a consortium that includes the California-based companies Gary Goddard Entertainment Design and ProFun Management Group as well as Moschanko Investment Group whose CEO Gennady Moshkovich, a Russian national that emigrated to the U.S., is the driving force behind the project.The complex will feature two hotels. One will be a 1,700-room, 5-star hotel with a VIP area and the other will be a 1,750-room mid-range waterpark resort.More than US$2.5 billion is planned for investment in the project with 10-12 million visitors anticipated per year. Construction is planned to start in the summer of 2012 with the park opening in 2016, although both of those dates are contingent upon approval by Russian government agencies and finalization of investment negotiations. The theme park site is to be leased from the Russian government.The complex will feature two hotels. One will be a 1,700-room, 5-star hotel with a VIP area and the other will be a 1,750-room mid-range waterpark resort.
