Kentucky Kingdom (SFKK, KK) Discussion Thread

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Re: Six Flags Kentucky Kingdom (SFKK) Discussion Thread

Postby mikeykaise » Fri Jun 15, 2012 6:05 pm

well, well, well, no surprise but the Koch family has withdrawn from the Bluegrass Boardwalk project. Its never going to reopen because no one wants to deal with all the headaches that come with dealing with the Kentucky State Fair board. Here is the official statement from the Bluegrass Boardwalk website:

Bluegrass Boardwalk withdraws from project
June 15th, 2012 Paula

We’re so sorry to share this sad and disappointing news. Thank you to all who expressed their unbridled enthusiasm in this project. We will remove this website plus our Facebook and Twitter pages within the week. The following news release was emailed to the news media this afternoon:

Bluegrass Boardwalk withdraws from project

(June 15, 2012) Louisville, Kentucky —Following nine months of planning to reopen Louisville’s shuttered amusement park, Bluegrass Boardwalk, Inc. today withdrew from the project.

“We entered into this discussion last October with full expectation of leasing the park,” says Bluegrass Boardwalk CEO Natalie Koch. “However, we have come to the realization that leasing a park rather than owning it would take us too far from the business model my family has followed for more than 60 years.”

Koch says she and her partners were financially prepared to meet the challenge of reopening the abandoned park, however the many layers of governmental regulations and stipulations ultimately caused them to withdraw.

Koch says she and her partners believe reopening the Louisville park is still a worthwhile project and they wish the future operator well.

“It’s been a lifelong dream for my family to operate a second park,” says Koch, whose family owns and operates Holiday World in Santa Claus, Indiana. “It’s hard to walk away from what we believed was a winning partnership for Kentucky and our team. But at the end of the day, the terms of the project did not fit our business model. It was time to withdraw.”

A letter terminating the proposed lease agreement was delivered to the Kentucky State Fair Board this afternoon.
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Re: Six Flags Kentucky Kingdom (SFKK) Discussion Thread

Postby A.S.Coasters » Fri Jun 15, 2012 6:08 pm

It doesn't suprise me, though it's sad to see the park being kicked back down even further than when SF dropped it.

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Re: Six Flags Kentucky Kingdom (SFKK) Discussion Thread

Postby Skycoastin Steve » Fri Jun 15, 2012 9:47 pm

I'll take "Things That Aren't Surprising in the Least Bit" for $500, Alex.
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Re: Six Flags Kentucky Kingdom (SFKK) Discussion Thread

Postby OCJ48 » Sat Jun 16, 2012 12:49 am

Skycoastin Steve wrote:I'll take "Things That Aren't Surprising in the Least Bit" for $500, Alex.


"This theme park project failed after the second interested party left the table due to poor local governmental choices and a general state of disrepair."

Yeah, not really surprising at all. What WOULD be surprising is if Ed Hart or the Kochs decide to try their hand at a certain park in Myrtle Beach...

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Re: Six Flags Kentucky Kingdom (SFKK) Discussion Thread

Postby Jew » Sat Jun 16, 2012 1:47 am

What's sad is that if the Koch's were able to get the park up and running, it probably would have worked quite well for them. Selling combo passes probably would have helped both parks. Too bad government red tape got in the way.

Now what's left of the park will most certainly be sold in pieces so the fair board can recoup something from this mess...
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Re: Six Flags Kentucky Kingdom (SFKK) Discussion Thread

Postby KI Kidd » Sat Jun 16, 2012 5:57 am

Well at least the local scrap yards will see a boost in revenue.

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Re: Six Flags Kentucky Kingdom (SFKK) Discussion Thread

Postby GrapesLie » Sat Jun 16, 2012 6:43 am

Well This really is a shame! But again it's not surprising. As we all know the board has a history of being . . . difficult. Oh Well I'm sure in the end this is a wise choice for Holiday World. Although I was really looking forward to going to that park with Koch family Running it! It was a basic guarantee of a world class wooden Coaster for the park! Oh Well. :(

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Re: Six Flags Kentucky Kingdom (SFKK) Discussion Thread

Postby disneyfan1313 » Sat Jun 16, 2012 12:08 pm

Not surprised in the least! Although I do wonder if now shady investment firms (ala HRP) are going to come sniffing around soon.
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Re: Six Flags Kentucky Kingdom (SFKK) Discussion Thread

Postby cfc » Sat Jun 16, 2012 12:13 pm

disneyfan1313 wrote:Not surprised in the least! Although I do wonder if now shady investment firms (ala HRP) are going to come sniffing around soon.

You mean like Uncle Pennybags?

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I've never been to Kentucky Kingdom in any of its previous incarnations, so I have no opinion on the park's quality (or lack thereof). Wouldn't have minded riding Deluge, though.
Last edited by cfc on Sat Jun 16, 2012 12:13 pm.
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Re: Six Flags Kentucky Kingdom (SFKK) Discussion Thread

Postby Chittlins » Sat Jun 16, 2012 12:29 pm

This remends me of a previous fair board that couldn't get anything right. The Mid South Fair and Libertyland. It's now a tailgating spot for a team that's horrible.

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