LegoLand parent Merlin Entertainments PLC said Thursday that it will open a LegoLand Park in Goshen, New York in 2020, the third park in North America, joining California and Florida. It will be 60 miles from New York City and within two hours of 23 million people, the company said. The park will require a $350 million investment and include a 250-bedroom Lego-themed hotel that will be open throughout the year. The park will be open from April to November. The report is expected to create more than 1,000 jobs and 800 construction jobs. Merlin shares are down 17.5% for the year so far while the S&P 500 index is up 14.2% for the period.
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