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WELCOME TO TECHNODOME: TORONTO PLANS A MULTI-THEME PARK

          Toronto-based Heathmount Arts & Entertainment unveiled
     plans for a $1B "Destination Technodome" indoor theme park
     on Tuesday, according to Steven Theobald of the TORONTO
     STAR.  The "high-tech playground," which will be about 20%
     larger than SkyDome, will "strive to bring the great
     outdoors under one roof."  Heathmount President Abraham
     Reichmann: "Obviously it's a big risk but there is a
     tremendous upside."  Heathmount "expects to attract up to 11
     million visitors a year" and create over 17,000 construction
     jobs and more than 17,000 permanent jobs, directly and
     indirectly.  Park attractions will include a 12,500-seat
     hockey arena, which can also be used for concerts and other
     events; a ski slope with real snow; hang gliding (with a
     safety chord); a water course for canoeing and white-water
     kayaking; an Olympic-sized swimming and diving pool; a
     basketball court; and a pitch and putt golf course which,
     using "computer wizardry," will replicate venues around the
     world (TORONTO STAR, 4/15).  Heathmount execs said that
     construction could begin in October, and barring "delays,"
     be completed by 2001 (Don Wanagas, TORONTO SUN, 4/15). 
          OLYMPIC BOOST? Toronto Mayor Mel Lastman said that the
     new development "should guarantee" the city the 2008 Summer
     Games.  Lastman: "The world will want to see it" (TORONTO
     SUN, 4/16).  The Canadian Olympic Association will
     "officially decide" on Friday whether to submit the Toronto
     bid for the 2008 Games (Steve Buffery, TORONTO SUN, 4/16).

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