Virtual Reality Theme Parks Coming Soon
China is big on entertainment, and building some of the grandest theme parks the world has ever seen.
And now after more than 30 years spent developing theme parks such as Universal Studios, Landmark Entertainment Group is exploring how VR (virtual reality) can be used to augment traditional theme park or museum experiences.
Its plan is to create a VR theme park in China, where the success of the 2010 Shanghai Expo proved that there is an huge consumer base waiting to be entertained.
L.I.V.E. Centre, which stands for Landmark Interactive Virtual Experience, will feature an interactive museum, a virtual zoo and aquarium, a digital art gallery, a live entertainment area, an immersive movie theatre and, of course, themed retail experiences.
The park’s content draws inspiration from a mix of Chinese and Western history and culture, and about 30% of this will be virtual reality, accessed by wearing a VR headset.
Imagine being able to feed an animal of your choice, even if it’s extinct.
In order to turn the ambitious L.I.V.E. Centre into a reality, the group has partnered several government-backed Chinese investors, and the project is estimated to cost around US$200-M.
They are looking at cities like Xi’an, Chengdu and Wuhan for the location.
If things proceed according to plan, they expect to break ground within the next 12 months, and the park will be open to the public in the Summer of Y 2017.
Virtual reality may be the most technologically advanced and sustainable way forward. PETA has nodded their approval for the Virtual Zoo.
In other theme park news.
Singapore-based real estate developer KOP Properties has begun developing Winterland Shanghai, the world’s largest indoor Winter resort.
At 180,000 sqm, the resort will boast the world’s longest ski trail, year-round Winter sports and a 4-D entertainment center, on top of hybrid housing and office spaces.
The project will be completed Y by 2018 at an estimated cost of $2.8-B
Disney’s (NYSE:DIS) 1st resort in Shanghai, China, opens next year and cost $5.5-B.
Have a terrific weekend.
HeffX-LTN
Paul Ebeling
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