Italian company proposes theme park for Venice

Italian company proposes theme park for Venice

VENICE, Italy (AP) — An Italian company that built Coney Island's latest attractions and an amusement park in a never-activated nuclear plant in Germany has unveiled plans to invest 80 million euros ($110 million) for a theme park in Venice.

Alberto Zamperla, one of the main investors, said Wednesday the theme park is planned for an abandoned island that once housed an incinerator, bringing economic and environmental benefits by cleaning up a toxic site and creating 500 jobs.

The project envisions a 55-meter (yard)-tall Ferris wheel, a roller coaster and other rides, alongside installations illustrating the Venetian lagoon's fragile ecology and the city's history.

Zamperla is loath to call it an amusement park — an easy target for detractors in Venice — and the plan still faces a series of approvals.