Context:
Barabanki, located adjacent to Lucknow, has been selected as the site for Uttar Pradesh’s first Box Park.
More on News:
- This innovative development will offer a comprehensive lifestyle experience, combining shopping, swimming, and leisure activities.
- A London-based company is set to establish the park near the city, with an investment of ₹110 crore, aiming to promote tourism, local employment, and urban recreation.
- The Tourism Department has approved the project, with active support from the Industry Department after the signing of the MoU.
- The business hub is projected to grow to a valuation of ₹1,000 crore in the future, potentially creating significant employment opportunities for the youth.
- Boxpark, a private company originally established in London in 2011, is leading the development.
- it aims to develop unique malls or hubs constructed from containers, offering spaces where people can shop, dine, enjoy live music, watch sporting events, and engage in various social activities.
- The project will feature sports screenings, social games, and various events.
- Box Park is expected to create many new jobs and become a popular place for health, relaxation, and fun.
- This initiative will not only give Barabanki a new identity in terms of development but also become a major attraction for the district’s youth and families.
- Approximately 2,000 young people are expected to gain employment through Box Park.
- Entrepreneurs are being actively encouraged to invest in the district, and the project is poised to draw visitors from Lucknow and neighboring areas as well.
- UP Box Park has already tied up with KFC, Haldirams, McDonald’s, The Hazelnut Factory, Mahesh Mansarovar, Starbucks etc.