Investing.com -- Comcast (NASDAQ: CMCSA ) NBCUniversal has announced plans to construct a theme park in Bedford, U.K., marking its first resort complex in Europe.

The media and entertainment company intends to have the park designed by its Universal Destinations & Experiences segment.

The park is expected to feature several themed lands filled with rides, attractions, and entertainment. Additionally, the resort complex will include a 500-room hotel and a retail, dining, and entertainment complex.

Universal indicated that it intends to submit a planning application for the park soon and, if approved, aims to commence construction on the site next year.

The U.K. government shared on Wednesday that the park is projected to generate approximately 28,000 jobs and stimulate the economy by 50 billion pounds ($63.83 billion). The park is anticipated to open its doors to the public in 2031.

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