Liebrecht & wood to develop amusement park near Bucharest

Real estate developer Liebrecht & wood, which opened the Fashion House outlets near Bucharest, has plans for new investments. In addition to continuing the construction of houses in the Liziera de Lac project, the company wants to enter a new market and invest in a large-scale amusement park, with indoor and outdoor activities, near Bucharest.

Liebrech&wooD had big plans for the land it bought in Cernica ten years ago. The project was to include the second outlet, which has already been opened, a shopping mall, a hypermarket, and an IKEA store. Part of the land on which the project was to be developed was sold to Lidl, which built a logistics warehouse. But because the land is large, the developer wants to enter a new market and invest in an amusement park.

“Indeed, the initial goal was to have an outlet there, with a retail park, anchored by IKEA. We talked with them for years, but they decided on another plot, not very far from ours. For several years we have been looking, okay, we don’t have IKEA, but what do we have in the surroundings? We sold a plot to Lidl for the logistics park and we still have land on the opposite side where we will develop a retail park, which will be near those in the residential project. But, for another 21 ha we found a partner to enter the leisure industry. It will be a full-fledged amusement park, with roller coasters, outdoor and indoor activities. The investment is EUR 50-60 million in the first phase,” said Patrick van den Bossche, founder and & Managing Director of Liebrecht & wood.

The developer is now working on finalizing the concept of the amusement park and is preparing to obtain the building permit.

“The intention is to start construction this year. We will work with a Dutch company, Momentum Leisure, which has three parks open in Poland. And of course, we want to continue developing Liziera,” added van den Bossche.

Source: economica.net