Nigel Tett, who owns a hotel in Skegness says the investment is great news for the area. He's also keen for future investment to attract out of season visitors.
A new Dinosaur Adventure Park has opened in Skegness.
More top news
A photographer's Ford Focus became the unlikely hero when he acted as chauffeur for Public Enemy - moments before they were due on stage.
Margaret Thatcher has beaten the Queen and the first female Nobel Prize winner to be voted the most influential woman of all time.
A police officer has been caught on camera apparently using a phone at the wheel of a police van.