hard rock

Hard Rock project remains sticking point less than 24 hours before Parliament debate 

The leisure facility, blocked for years, has become the key to approving the €43bn accounts

Two terrains where hotels would be built are vulnerable to chemical accidents

4,000 make their voices heard after climate action ministry issued unfavorable report due to environmental criteria

Climate action ministry issues unfavorable report halting start of construction project

Local mayors urge government to assist with modifying plan to allow recreational tourist center project to resume

US company and Catalan authorities to present details of the scheme in next few weeks

The firm presented the details of the project to enthusiastic responses from local officials involved but also some criticism

The planned project near PortAventura to include a casino, hotels, entertainment areas, theaters, shops and a convention centre

Hard Rock’s president Hamish Dodds and the company’s vice president, Nelson Parker, met this Wednesday with Catalan President Carles Puigdemont and the Catalan government’s vice president, Oriol Junqueras, in order to outline to them the multinational’s aim to set up a Tourist Integrated Centre in BCN World which would represent a 2.5-billion-euro investment. However, the BCN World project, which is set to be built on the 800 hectares surrounding the Port Aventura theme park (on the Costa Daurada, near Tarragona), is currently on ‘stand-by’. The government is trying to find the greatest consensus possible amongst the different parties and institutions involved and President Puigdemont announced this week that a consultation may be set up to get to know the locals’ opinions. 

Veremonte has walked out on the BCN World project, the largest holiday resort in Europe based in the Costa Daurada, near Tarragona, as first announced by the Catalan Business Minister, Felip Puig, on Thursday and later confirmed by the company itself. However, Puig has assured that this will not impede the project's continuation as companies such as Melco, Hard Rock, Grup Peralada and Value Retail remain committed to it. Veremonte did not provide any further details about its decision. The investment company was initially leading the initiative and had reached an agreement with La Caixa bank to buy 500 hectares of land in 2012. However, it missed the final deadline last December to do so and the Catalan Government had to jump in to guarantee the project's continuation, reaching an agreement with La Caixa for the land. However, Veremonte was still linked to the initiative through the casino licences' tender, which it bidding for in partnership with Hard Rock and Melco.

Veremonte has added additional uncertainty to the future of the BCN World project, the largest holiday resort in Europe based in the Costa Daurada, near Tarragona. After a $6 billion investment, it will include – among other facilities – 6 mega-casino hotels, amusement parks and shopping malls. Veremonte – which was initially leading the project – announced that it could leave, depending on how the Catalan Government will develop the final Urban Plan and how it will set the conditions for the second phase of the casino licences' tender. In 2012, Veremonte had already reached an agreement with La Caixa bank to buy 500 hectares of the land. However, the company missed the first deadline and did not meet the second one (last December) to do so, arguing that the final Urban Plan had not yet been approved. The Catalan Government then jumped in and reached an agreement with La Caixa for the rights to buy the land and guarantee the project's continuation. Veremonte still continues to be linked to the project through the casino licence tender, for which it is running with Hard Rock and Melco.