Capital & Regional Regulatory News (CAL)

4 Aug 2006 14:54

Capital & Regional plc04 August 2006 4 August 2006 CAPITAL & REGIONAL PLC Tenants invest in Tower Park, Poole, following £5.5M MAKEOVER X-Leisure recently celebrated the completion of its extensive £5.5 millionextension and modernisation work at Tower Park Leisure Park in Poole, Dorset. X-Leisure extended Tower Park with the construction of a 16,000 sq ft plaza ofrestaurants that has been fully let to KFC, Nandos, TGI Fridays and FlameOriental Chinese Buffet. On the back of X-Leisure's extensive investment, Bowlplex have just completed a£1.5m refit of their unit at Tower Park. A local company with a significantnational presence, Bowlplex now has 16 bowling centres across the UK. With itshead office less than five miles away, Bowlplex views its Tower Park unit as theflagship destination. In addition, LA Fitness has just opened a new 16,660 sq ft health and fitnesscentre. Occupying a previously vacant unit on the park, the unit has been takenon a 25-year lease. The refurbishment works, completed by ROK, also included the demolition of theOld Splashdown Tower (part of the water park) and the construction of a newstate-of-the-art Dragon Flume Ride - a 90-metre flume with sound and lighteffects. PY Gerbeau, Chief Executive of X-Leisure, comments: "Tower Park is an important element in our portfolio of leisure destinations.One of the UK's very first integrated leisure park destinations to open, TowerPark has enjoyed continued success since it first opened in 1989. However, itwas definitely time to modernise the Park, and the major refurbishment hascreated exciting new facilities and a fresh 'front of house' image. The introduction of a variety of new restaurants, a thrilling new water ride,the refurbishment of Bowlplex and the opening of LA Fitness, enhances theall-weather facilities for visitors and confirms Tower Park's status as theleading family fun destination in the region." For further information, please contact: Hudson SandlerMichael Sandler Tel: 020 7796 4133 Redwood ConsultingPaul Haines/Clare Duffy/Debbie Cracknell Tel: 020 7828 5553 Notes to Editors: Tower Park in Poole is the largest entertainment destination on the south coast,offering 200,000 sq ft of leisure and dining facilities anchored by theSplashdown Waterpark which offers 12 indoor and outdoor water rides, a 10-screenmultiplex cinema, a 30-lane Bowlplex centre and a Gala Bingo club. X-Leisure is the UK's fastest growing premier leisure brand, with 23 majorleisure destinations around the UK including the award-winning Xscapeattractions at Milton Keynes, Castleford Leeds, and the new Xscape BraeheadGlasgow. Other prestigious destinations within the portfolio include BrightonMarina, 02 Centre London and West India Quay, London Docklands. With a passion for providing the very best and most innovative family leisureand entertainment attractions, they are behind the UK's largest indoor realsnowslopes (Milton Keynes, Castleford Leeds and Braehead). More than 45 millionpeople visited X-Leisure attractions last year enjoying a wide range offacilities from bowling, cinema and casinos to waterparks and extreme sports. This information is provided by RNS The company news service from the London Stock Exchange