A popular waterpark is set to re-open this summer, creating nearly 60 jobs in the process.
The park, opposite Royal Quays Outlet Centre in North Shields, closed last October after going into administration.
But it has been bought by Moirai Capital Investments who have appointed Serco to manage and operate the facility on a 25 year contract.
Plans have been drawn up to transform and refurbish the waterpark into a modern family leisure attraction.
More than £1.1m is being spent on refurbishment and refit works including a new and improved reception, new cafe, expansion of the wet changing facilities, new soft play area for toddlers and young children, and improved external signage.
Work is already well underway on the development of a new reception, shop and café. The former gym and dance studios will be converted into specially designed children’s soft play and birthday party area, whilst the former health suite will become a dedicated family changing village.
Kevin Thomas, transition director of Serco’s Leisure business said, “Wet ‘n’ Wild is a great facility and we are looking forward to transforming it together with Moirai Capital Investments to give it a new lease of life.
“We are working hard to get the complex ready for the summer opening with our teams busy re-configuring the reception, introducing new food into the café, and most importantly lowering admission prices.”
Martin Barber, chairman of Moirai Capital Investments said, “We are delighted to be investing in Wet ‘n’ Wild so that the people of North Shields can once again enjoy this great facility.”
Patrick Melia, chief executive of North Tyneside Council, said: “We are pleased that Wet ‘n’ Wild is to benefit from significant investment and refurbishment to bring it back into use.
“We especially welcome the extra job opportunities this investment will bring and the impact that it will have, locally. We look forward to seeing the facility back in operation this summer.”
Mayor Norma Redfearn added: “Wet ‘n’ Wild was a very popular facility with residents and visitors alike, and it will be a great boost to see it open again.”
Serco Leisure will be recruiting over the coming weeks for lifeguard, receptionist, cleaning and catering positions.
Wet ‘n’ Wild features more than one kilometre of slides including the hurricane, the kamikaze, the abyss and calamity canyon.
Both Serco and Moirai Capital Investments have extensive experience in the leisure market; Serco manages 75 leisure centres across the UK including two national sports centres on behalf of Sport England.