Theme park slated for spring 2011

Rome’s mayor has endorsed what is hoped to be the Eternal City’s answer to EuroDisney — a E300 million ($445 million), 150-acre theme park called Rainbow MagicLand.

Developed by Alfa Park and Rainbow Group, it will hold at least 35 family-friendly attractions, two of which “have never been seen before in Europe.”

Among the attractions will be roller coasters, a live theater, a planetarium and a pink fairy castle, designed to draw guests from Italy and beyond.

The theme park is slated for a spring 2011 opening and will have parking for 5,500 cars.

Also in the works is a theme park inspired by ancient Rome, which will be funded by Rome’s regional government and Cinecitta Entertainment, to open in 2013.

Follow @Variety on Twitter for breaking news, reviews and more