An entrepreneur with a number of bankruptcies behind him has plans for DKK 10 billion amusement park in Billund.
An entrepreneur with several bankruptcies behind him has plans for a DKK 10 billion (€1.34 billion) amusement park in Billund, Denmark, already the home of Lego and Legoland. The ambitious plans include a hotel that, if it is built, will be Denmark’s second largest, Standby.dk reports.
The Herning-based company Gram & Jeppesen Group will build the theme park ready for the start of the tourist season in 2022, the organisers say in a press release, plus a massive hotel with 915 rooms.
While Legoland occupies 147,000 square metres, the planned new amusement park, which has the working title Billund Ø, will take up as much as 300,000 square metres.
Billund Ø is to be built in an area that the town’s municipality has appointed for holiday and tourism purposes. A local plan for the area is on the agenda for next week’s meeting of the engineering and environmental committee at the municipality.
Billund already has attractions like Legoland, Lalandia, the newly opened Lego House and the nearby Givskud Zoo.
According to the release, construction will be “in collaboration with international and national investors and equity funds”, but it does not name them.
Gram & Jeppesen Group is owned by Aaase Capital Holding, where Peder Jørgen Jeppesen is the director. The company is owned by five people, all with the surname Jeppesen, writes Dagens Byggeri.
According to the regional newspaper JydskeVestkysten, Jeppesen has several bankruptcies behind him. But he has guaranteed that the DKK 10 billion funding is in place.