29 June 2019
The Regional Ministry announced that it would exercise its preemptive right to acquire the land where BCN World had been planned for construction. The Catalan government expecteds to pay more than 100 million euros to La Caixa for the property.
Investors have planned a series of different projects for the site, beginning with the Eurovegas megacasino and followed by and the Valencian company Veremonte’s BCN World. The latest plans are for the Hard Rock Entertainment World (HREW). Construction on the €2-billion project had been slated for this month.
The investors behind the initiative, including the Generalitat, Value Retail, which owns La Roca Village) and the Benetton family had been complaining about their failure to receive the necessary permits to begin work on the project. However, reports have stated that the government firm Incasòl will acquire the land and transfer it to HREW.
Original Story: Crónica Global