Thursday, December 26, 2024

US firm to build 2.8-billion-peso water park in Hidalgo

An indoor water park developer has selected a city in Hidalgo as the site of its first park outside the United States and Canada.

Great Wolf Resorts will invest 2.8 billion pesos (US $139.2 million) in its new park in Tepeji del Río, situated 80 kilometers north of Mexico City.

The company owns and operates family resorts that offer restaurants, arcades, spas, fitness centers and children’s activities in addition to a water park.

The Tepeji water park will create close to 3,000 direct and indirect jobs, the company said.

Construction is scheduled to start in the first quarter of 2019 and conclude in the fall of 2021.

Great Wolf Resorts CEO Murray Hennessy explained that the company considered more than 170 countries before deciding on two finalists — Mexico and the United Kingdom.

Hidalgo was chosen for the potential market reach it has in central Mexico, its economic growth potential and particularly because of the attractive terms offered by the state government.

Hidalgo Governor Omar Fayad Meneses observed that one-third of Mexico’s population lives within a 100-kilometer radius of the location of the new water park.

Source: El Universal (sp)

Have something to say? Paid Subscribers get all access to make & read comments.
Claudia Sheinbaum, who's election was one of Mexico's biggest news stories in 2024

Mexico’s year in review: The 10 biggest news and politics stories of 2024

0
It was a year of great change in Mexico, as López Obrador bowed out of public life and President Claudia Sheinbaum stepped into power.
The project addresses a major cross-border pollution problem by treating the sewage flowing north from the Tijuana River.

Tijuana River cleanup takes major step forward

2
Imperial Beach in San Diego, just north of the Mexico-U.S. border, is one of the country's most polluted beaches due to sewage flow from the Tijuana River.
Ears of dried corn in a big pile

Mexico loses GM corn trade dispute with US

10
Mexico will have to modify its restrictions on genetically modified corn imports after a trade dispute panel sided with the United States.