Airtopia Group Executes Definitive Construction Management Agreement with Suntex Subsidiary JA Development & Construction
Airtopia Group, a subsidiary of Lelantos Holdings, executed a definitive Construction Management Agreement with JA Development & Construction, a subsidiary of Suntex Enterprises, to build new adventure parks. The agreement establishes an initial development package for Roswell, New Mexico and Bedford, Texas, with a framework to evaluate 8 to 14 additional locations over the next 18 months.
Key figures
- Estimated pipeline value
- $60 million to $84 million
- Expansion timeline months
- 18
- Potential additional locations
- 8 to 14
AI analysis
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