HUNTSVILLE, Ala. (WHNT)-- Monday, DreamVision Company executives unveiled new details on their massive dual theme park master plan that includes a man-made mountain in Texas and another theme park to be built in north Alabama.
The details of the Muscle Shoals area theme park will be made public Wednesday during a media presentation in Muscle Shoals, but Monday, the company announced Provident Global Capital as its financial partner. That company has ties to north Alabama.
Wednesday's announcement is at 11 a.m. at Marriott Shoals Hotel. We'll stream it LIVE on WHNT.com.
According to documents obtained by WHNT News 19, Provident Global Capital LLC. was established February 3 with the Alabama Secretary of State. Provident CEO Bryan Robinson has a Killen address listed on that paperwork and according to a report by our news partners at AL.com, Robinson has business ties in Florence.
"Provident Global Capital is a private equity asset management firm with a very diverse portfolio," the company's website states on its front page. "Celebrating 20 years of "investing outside the numbers," PGC is focused on generating profit through investments that are purpose-driven and aligned with the company's core values."
Robinson spoke briefly during the media event Monday. "We are very excited about our partnership with DreamVision and their team of proven industry leaders. Even more compelling is how DreamVision aligns with Provident Global Capital's core values and our mission of investing in companies that have a positive impact on society," said Robinson.
Company officials have said they want to build the two theme parks for $3.5 billion each. But the announcement has been filled with questions about the legitimacy of the plan. Most all state and local leaders in Alabama tell WHNT they have not been part of the planning for the anticipated theme park that the company says will create thousands of jobs in the area.
DreamVision CEO Rick Silanskas set a 2020 date for the proposed theme parks to become a reality. Funding for the multi billion dollar project will come from private funding sources, according to DreamVision officials.
Read our previous coverage of this project by clicking here.