Dynamic Attractions, the world’s leader in creating the most innovative and unique ride systems on the planet, is jumping head first into an exclusive theme park project in China. Space Park will not only feature attractions built and designed by Dynamic, but they will also co-own the park, which will open in Hangzhou in 2020.
As you may know, Dynamic Attractions designs some of the top ride systems for Disney and Universal and has been wanting to go beyond ride systems and create original content as well. In this case, they are partnering with Altair Space Technology Company in Shanghai and it sounds like they will have their hands in everything in the park, including co-ownership.
Under the agreement that was just signed, Dynamic Attractions will bring its world-leading experience in the attractions industry. This will include park master planning, iconic attraction supply, master theming for the park and operational expertise to commission the attractions and operate them. Altair will bring its considerable experience with Chinese business, including obtaining funding through its own funds, Chinese private equity sources, and Chinese capital markets, as well as coordinating the relationship between Space Park with the local government.
“Dynamic Attractions has over two decades of experience,” stated Executive Chairman and CEO of Empire Industries (which owns Dynamic Attractions) Guy Nelson. “Delivering some of the most popular rides for the world’s top theme parks, thus providing the solid foundation for Space Park to succeed.
Nelson added that the appetite for world-class attractions by the rapidly growing middle class in China will be uniquely delivered by Space Park with a distinct themed environment and entertainment attraction offering.
“Space Park will highlight space technology and exploration,” stated Chairman of Altair (Shanghai) Space Technology and Hyde Capital Group Dr. William Zhou. “Altair has a relationship with the China Aerospace Science and Technology Corporation and the China Space Museum. This relationship ensures Space Park will supplement science education and stimulate further space innovation amongst Chinese youth by providing space-based attractions and unique displays such as Chinese spaceships and rockets on a rotational basis from the Chinese Space Museum in Beijing,”
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Images Copyright: Dynamic Attractions