Looking further into the issue of what to do with the site, the main developer that wants the site as of now is TPC-NOLA, a section of the Paidia Company that focuses on attraction design and planning. They are Louisiana based, but most of their clients are European theme park companies, their most prominent client is Merlin Entertainment. Yep, they were behind projects such as Wickerman, Oblivion, the new Colossos, and the Legoland projects. At least in creating the designs for such projects. In 2014, they were the only group to submit a bid to buy the park in time. As of 2014, they had secured 90% of the financing they would need to not only reopen the park, but to BUY the land from the city. Why does it seem like the city is so determined to just bulldoze the park when there is a reputable company that has a plan with funding to buy and reopen the park?
I can’t believe there is still discussion about this park.
The park was a complete failure, from the beginning. After its’ first two years of losing major $$, they (Alpha Smartparks, who owned Castle Park in Riverside, CA, where I bought my annual pass for $22.50 for all parks they owned.) were forced to sell at a major loss. SFI stepped in thinking they could make it work by adding a couple more coasters and trees (which were definitely needed!). However, the demographics could not, and would not, support this park. Over its’ 3 year operating ownership, it lost far more money each year.
It was far easier for SFI to file bankruptcy, then to pour any more $$ into a FAILING property. Think about that.
There have been numerous plans over the years to rebuild this property, but the city could not, and will not support it.
If it wasn’t for Hard Rock Park, this would be one of the largest park FAILURES to date.
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