By Euro Weekly News Media • 02 September 2016 • 17:02
AMBITIOUS PLAN: Further delay while cutting through red tape.
WORK on the huge commercial and leisure park planned in Torremolinos by British company Intu, may not begin until October or November.
Displaying typical vim, the Junta de Andalucia Regional Government has yet to approve the PGOU land planning documents.
Construction was expected to be under way by September, with the capitalist utopia expected to create 4,000 jobs.
This is far from the the first delay encountered by the developers who are busy making contacts and drawing up collaboration agreements with local organisations, including the University of Malaga and the Spanish Association Against Cancer.
Intu is expected to spend 650 million euros on the centre, of which one third will be dedicated to shopping areas, while the rest will house state of the art leisure facilities, including a wave-pool for surfing, dry ski slope and outdoor rock climbing facility.
The local council appear set to pocket almost 20 million euros in building licences and other fees, representing about 20 per cent of its annual budget.
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