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Hollywood conjures up Harry Potter park

Harry Potter is going Hollywood with a new theme park based at Universal Studios that will feature a Hogwarts castle as its centerpiece alongside rollercoasters and other rides.

NBCUniversal and film studio Warner Bros on Tuesday unveiled "The Wizarding World of Harry Potter," which
will be built at the Universal Studios Hollywood site with attractions that are similar to the money-spinning Potter theme park opened in June 2010 at Universal's resort in Orlando, Florida.

The new theme park could take 3-4 years to construct and is likely to cost several hundred million dollars but will create more than 1,000 jobs and is expected to boost tourism to the Los Angeles area, officials said.

Toasting Tuesday's announcement with mugs of "Butterbeer", officials said the Hollywood park will be centered around a huge Hogwarts castle and feature rides and other attractions based on the adventures of the popular British boy wizard and his friends who use sorcery to battle evil.

Author JK Rowling's Harry Potter book series have sold some 450 million copies worldwide and the eight movies from the Warner Bros. studios have taken more than $7.7 billion at global box-offices, making the films the largest-grossing franchise in history.

With its Dragon's Challenge rollercoaster and life-size model of the Hogwarts Express train, the 20-acre "Wizarding World" park in Orlando has proved a huge success with fans. It drew more than 7 million visitors in its first year and boosted NBCUniversal's theme park revenue by 33 % to $1.5 billion for the first nine months of 2011, according to company results.

Officials did not say how many of the Florida rides would make their way to the Hollywood park, nor did they say if any new rides were envisaged. But they did say the new attraction would be created with the same commitment to authenticity with the books and movies as the one in Florida.

"Everyone involved with these projects is committed to continuing the enchantment of JK Rowling's masterful books as they were brought to life on screen in our eight films and dedicated to extending the magic of the experience for generations of fans to come," Meyer said.