AECOM's economics team will examine the viability of Russia's first destination theme park resort on the outskirts of Moscow.

AECOM is working on behalf of the project’s developer, the Moschanko Investment Group (MIG 2000), a partner of Central Family Park Corporation (Russia) and developer of Magic World Russia.

The team will determine the financial viability of the theme park resort for adults and families, which will incorporate multiple theme parks anchored by Park Russia.

Around 50km from Moscow, Magic World Russia will be situated on a 250-hectare (600-acre) site and feature multiple theme parks with numerous rides and attractions, water parks, beach resort hotels, retail developments, and live entertainment. Around 80 per cent of the parks and attractions planned will be sheltered to offer a year-round experience.

Phase one is currently set to encompass the creation of Park Russia, a theme park promoting the rich heritage, folklore, culture and scientific and historical achievements of Russia.

This phase will also include the creation of a 2km long retail and entertainment destination, St. Petersburg Street, which will reflect the architecture of St. Petersburg with canals, fountains and gardens.

A theme park for children between the ages of two and eight, two aqua parks and three major hotels are also planned.

World Without Boundaries, the world's first theme park devoted to children with special needs, is also planned for the phase one development stage. This park will draw on the world's leading medical and therapeutic experts to ensure rides and attractions are designed specifically to provide a memorable and fun experience to children with disabilities.

Phase two is currently set to develop a theme park focused on an extreme sports park and a number of extreme coaster rides, a 3,000-seat amphitheatre, and educational Nanopolis Children's Park.