by Donald Wood
Last updated: 3:00 PM ET, Wed September 20, 2017
An $840 million theme park will be built near the Mexican resort city of Playa del Carmen.
Developers announced the news at a ceremony held at President Enrique Pena Nieto's residence in Mexico City.
According to The Associated Press, the new amusement park, dubbed Amikoo, will feature 24 attractions across an area of almost 300 acres. The facility will be based on Mayan culture and will feature characters and settings paying homage to the history of Mexico.
The new theme park will be built in two stages, according to Mexico News Daily. The first portion of the construction will include a museum, 320-room hotel, convention center, concert hall, shopping area, restaurants and more. Some of rides include a flight simulator, submarine simulator, Pirates of Bacalar attraction and wave pool.
The first phase should be completed by November 2018.
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As for the second stage, the construction will include four amusement parks, additional hotels, more restaurants and a resort that utilizes the surroundings of Punta Maroma. The second phase of construction will take place in 2019 and 2020.
President Pena Nieto revealed Amikoo officials expect the facility to host between 4 and 4.5 million visitors each year. In addition, Tourism Secretary Enrique de la Madrid said the park would promote the culture, history and biodiversity of Mexico.
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