Thursday, July 21, 2011

Magic World Russia destination resort theme park creation to Involve Consortium of California Based Companies

Developer MIG 2000 Drives Russian-US Collaboration

LOS ANGELES--(BUSINESS WIRE)--The Magic World Russia entertainment destination resort will encompass over 600 acres and be comprised of multiple theme park concepts as well as hotels, retail, dining and entertainment venues. It represents a unique collaboration between Russia and a consortium of industry leading California based companies. Moschanko Investment Group (MIG 2000), a Beverly Hills, California based corporation whose Chairman and CEO Gennady Moshkovich has a track record for establishing bilateral business relationships between California and Russia as well as introducing a number of important energy sector technologies and development projects to Russia, is the driving force behind Magic World Russia.

Internationally known for their contributions to the design, construction and operation of leading entertainment destination resorts and theme parks, Gary Goddard Entertainment Design (a division of Goddard Group), ProFun Management Group, and (it) Brand Studios are among the California companies participating in a consortium organized by MIG 2000 for Magic World Russia. 

park designer Gary Goddard

Magic World Russia is designed to attract 10-12 million visitors a year. Magic World Russia has been designed as both a destination resort for families and visitors who wish to stay for several days, as well as day visitors alike.

The Gup Rublevo-Uspensky Lok of Administrative Directorate of the President of Russian Federation, associates of MIG 2000, has helped MIG 2000 to identify a site over 250 hectares (600 acres) in size some 50 kilometers fromMoscow for Magic World Russia, which developers say will encompass multiple branded theme parks featuring internationally recognized brands as well as Russian cultural and folklore icons plus world class rides and attractions, water parks and beach resort hotels, retail and live entertainment. Building the project is projected to cost over $2.5 billion.

Working with leading special needs children medical and therapeutic experts from around the world to ensure that rides and attractions will be designed specifically to entertain a diverse number of physical and mental disabilities, Magic World Russia’s World Without Boundaries will offer special needs children a memorable and fun experience no matter their handicap.

“Everyone involved with Magic World Russia is committed to creating a magical experience for kids and their families as well as a unique, world class resort, which is why we have successfully presented the project to the Russian business community and government agencies. We have also been able to bring together a consortium of world class companies from California representing leaders in their respective theme park specialties,” said Moshkovich. “It is truly a gift for the children of Russia, but also a gift that the world will be able to share with them. Magic World Russia will also serve to promote the rich Russian heritage and culture. The MIG 2000 leadership team believes Magic World Russia will be a unique addition to such great events and will last for generations to come.”

Moshkovich further commented, “Due to a number of factors, many companies have unsuccessfully tried to enter the Russian market with theme park projects. Great progress has been made in the last 10 years. New Russian leadership has created many investment opportunities for Russian and non-Russian companies alike. Russia has become a focus of investment for many great projects to date with many more to come. It is important as it is in all developed markets to have the right anchor partner or partners, a vision for the future and a product that will appeal to the Russian population, taking into consideration that today most Russians are very well educated, experienced, talented and well traveled. It is imperative that we deliver a world class theme park experience for all our visitors.”

Gary Goddard, CEO and Chairman of the celebrated Goddard Group, has been retained to provide design oversight of the entire Magic World Russia project. Goddard includes among its clients Universal Studios, Six Flags Corporation, Warner Bros. and Paramount Parks. Dave Schmitt and his team at ProFun Management Group, recognized as the leading theme park management and operations company, most recently involved with the Ferrari Park in Abu Dhabi, have been retained to provide operations and management consultancy in the initial planning phases as well as ongoing oversight. Brooks Branch and Danny Kaplan of (it) Brand Studios are serving as the “creative brain trust” who will oversee overall brand and creative collaborations.

“We are thrilled to be a part of the Magic World Russia California consortium,” said Goddard, CEO of Goddard Group. “It has the kind of grand scale and unique creative concepts that drive our imagination and compel our involvement. To be at the center of Russia’s first world class theme park is both an honor and an exciting challenge.”

Goddard’s most recent accomplishment was as the designer of the $1.9 billion Galaxy Macau Casino Resort which opened May 15th in Macau.

Among the parks and attractions planned for Magic World Russia, 80% of which will be covered in order to offer a year round experience, are:

  • Major Hollywood Studio Branded Park – where guests participate in the action, “entering” their favorite films through a diverse collection of extraordinary ride experiences. MIG 2000 is currently in thorough discussions with a number of major Hollywood studios.
  • Magic Family Park - dedicated to families with young children.
  • Nanopolis Children’s Park - offering children the fun of participating in grown up “jobs” with the fun of learning what it’s like to be a real fireman or doctor or chef.
  • Separate Waterparks for families and adults with enclosed beach resorts.
  • Park Russia - will draw on the rich Russian culture and folklore as well as Russian accomplishments in the areas of space and Arctic exploration, film and cinematography, and science and aviation to develop rides, attractions and live events .
  • Thrill Ride Park .
  • Extreme Sports Park .
  • Winter Garden Magic Fountain Park – will feature a spectacular symphony of fountains and serve as a stage for nightly entertainment and parades.
  • St. Petersburg City Street – a retail shopping and dining experience that will recreate a classic St. Petersburg 
  • Amphitheater/Concert/Performance Hall - designed to be a 15,000 seat live performance theater.
  • World Without Boundaries Special Needs Children’s Park.

Also playing an integral role developing partnerships on behalf of Magic World Russia is Jonathan Zilli, COO of MIG 2000. Prior to joining MIG 2000, Zilli founded Oldstone Media Advisors, LLC, an international business development consultancy focusing on the application of entertainment and media intellectual assets to create commercially viable, location-based attractions, including theme parks, restaurants, and other viable real estate opportunities. His past experience includes senior level executive positions at MGM/UA Home Entertainment and Paramount Pictures where he was responsible for the International Licensing Division.

About Moschanko Investment Group (MIG 2000)
Moschanko Investment Group (MIG 2000) is a Beverly Hills, California based corporation with a track record for establishing bilateral business relationships between California and Russia as well as introducing a number of important energy sector technologies and development projects to Russia. MIG 2000 CEO Gennady Moshkovich was responsible for the California State Assembly Resolution establishing the sister state agreement between California and the Russian district of Khanty-Mansiysk in Siberia. In addition, through a subsidiary company of MIG 2000, International Symposium Association, Moshkovich organized and sponsored the Russian-American symposium, “Environmental Technologies for a Healthier World.” This symposium was supported by the United States Senate and in particular, Diane Feinstein and Barbara Boxer with keynote addresses by President Clinton and Vice President Gore.