Monday, June 25, 2018
Final plans for the new theme park to be built in Gijang have been released.
The new theme park in the East Busan Tourism Complex will be named “Lotte Magic Forest” with a theme of “forests and gardens”.
Construction is scheduled to commence in April 2019 with a completion date of May 2021.
Busan Urban Corporation and Osiria Theme Park PFV Co., Ltd., is confident that this theme park will have play facilities, lounges, shopping malls, food and beverage outlets, sports parks, hotels and other facilities.
The new park will include six nature-themed lands and more than a dozen family attractions in its first phase, anchored by two roller coaster experiences.
The theme park, which is being developed by Oshiri PFV Co., has selected Gary Goodard Entertainment from the U.S. as the park’s development concept designer.
The theme park is being billed as “the first European style amusement park” in Asia.
They are aiming to attract more than 3.6 million visitors in its first year and are considering whether to open the park in stages or all at once.
Negotiations with MGM, Universal Studios, AAG from the U.A.E. and Summerstone from the United Kingdom all failed, while CJ also withdrew plans to develop a park in 2014.
The 500,000 square meter park will cost nearly 800 billion won to build according to company estimates.
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