International edition
October 01, 2020

It paid a new installment for the land

ILD affirms that Gran Scala “goes on”

(Spain).- ILD Consortium wanted to show in Ontiñena that Gran Scala project goes on, and did it complying with the second installment of the purchase options it signed for 1,012 hectares of land.

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lthough with almost two tours of delay, Paul Allegrini, partner director, handed in the cheques to 68 holders of properties that were waiting at the big convention hall in  Ontiñena. Each owner received another 4% of the final price. In total, ILD paid 320,000 euros, the same as last February 10th. Promoters of the leisure and gaming complex have a new eight-month deadline, and in the following one, they should pay the 100% of the purchase to make it effective.

The formalization of the 300 lacking hectares is still pending, according to ILD, of a stydy to determine the final extention of the park (between 2,800 and 3,200 hectares). The purchase process is still “complicated” due to the difficulty of neighbours to accredit the property. With regards to the 1,500 local hectares, Mayor Ángel Torres, reminded that the City Council cannot send the soil to any particular party, and this obstacle will just
be solved when the Aragon Government declares Gran Scala of supra-municipal interest, it means, after ILD delivers the project and it is approved.

Paul Allegrini assured that the group of companies that comprise the consortium continues working to present the documentation, as soon as compels the Law of High Capacity Leisure Centers that started in force in July, a process that it plans to complete at the end of this year or in the first month of 2010. One of the demands is the performance of a study on environmental impact. Besides, a minimum number of jobs, hectares and hotel rooms must be accredited.

The Partner Director of ILD reminded that the process is conditioned by the deadlines that the law imposes. "We will comply with it as soon as possible and then it will depend on the authorization of the government.”

The things will be cleared, he said, once the list of operators is presented. He just commented that the process to close deals “goes very well”, and keeps on maintaining the number of 17 casinos and, with regards to theme parks, said: "We have more than we could expect.”

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