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Kalahari and Round Rock finalise plans for US$350m Texas' largest waterpark resort
POSTED 22 Dec 2016 . BY Tom Anstey
Kalahari Resorts and Conventions is one step closer to creating a US$350m (€337.5m, £283.9m) African-themed waterpark and resort after the operator and city council of Round Rock in Texas came to a number of agreements for the landmark project.

To include more than 990 bedrooms, a spa, fitness centre, restaurants and conference facilities, the resort will be centred around the 200,000sq ft (18,500sq m) waterpark – Kalahari’s first venture in the southwest of the US and fourth property overall.

The proposal has been broken down into a number agreements, with the first being that Kalahari will make the US$350m investment, employing a minimum of 700 workers for the resort once open.

According to the agreement, any revenue sharing and public debt related to the project will be paid using state and city tax revenues generated solely by the project, which includes state hotel occupancy tax, sales tax and mixed beverage tax.

The entire development will be built on 351 acres (1.4 sq km) of city-owned land, with the city purchasing the land and then being repaid the cost of US$27.5m (€26.5m, £22.3m) by Kalahari in two lease payments.

According to the city council, the development has been set an opening date of December 2021, with the location the company’s largest to date. Developing the land use plan and zoning changes is expected to begin in Q2 2016.
PROJECT PROFILE:

Kalahari Texas
Kalahari Resorts and Conventions, which opened a US$350m (€316m, £224m) waterpark in Pennsylvania’s Pocono Mountains last year, has announced plans for further expansion with plans to establish a park in Round Rock, Texas.


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A new 200,00sq ft (18,500sq m) indoor/outdoor waterpark is the largest on the US east coast, following the opening of the US$350m (€316m, £224m) Kalahari Resorts & Conventions in Tobyhanna Township in Pennsylvania’s Pocono Mountains.
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Jobs . News . Products . Magazine
NEWS
Kalahari and Round Rock finalise plans for US$350m Texas' largest waterpark resort
POSTED 22 Dec 2016 . BY Tom Anstey
Kalahari Resorts and Conventions is one step closer to creating a US$350m (€337.5m, £283.9m) African-themed waterpark and resort after the operator and city council of Round Rock in Texas came to a number of agreements for the landmark project.

To include more than 990 bedrooms, a spa, fitness centre, restaurants and conference facilities, the resort will be centred around the 200,000sq ft (18,500sq m) waterpark – Kalahari’s first venture in the southwest of the US and fourth property overall.

The proposal has been broken down into a number agreements, with the first being that Kalahari will make the US$350m investment, employing a minimum of 700 workers for the resort once open.

According to the agreement, any revenue sharing and public debt related to the project will be paid using state and city tax revenues generated solely by the project, which includes state hotel occupancy tax, sales tax and mixed beverage tax.

The entire development will be built on 351 acres (1.4 sq km) of city-owned land, with the city purchasing the land and then being repaid the cost of US$27.5m (€26.5m, £22.3m) by Kalahari in two lease payments.

According to the city council, the development has been set an opening date of December 2021, with the location the company’s largest to date. Developing the land use plan and zoning changes is expected to begin in Q2 2016.
PROJECT PROFILE:

Kalahari Texas
Kalahari Resorts and Conventions, which opened a US$350m (€316m, £224m) waterpark in Pennsylvania’s Pocono Mountains last year, has announced plans for further expansion with plans to establish a park in Round Rock, Texas.


RELATED STORIES
Kalahari plans US$250m waterpark resort development in Texas


Kalahari Resorts and Conventions, which opened a US$350m (€316m, £224m) waterpark in Pennsylvania’s Pocono Mountains last year, has announced plans for further expansion by establishing a park in Round Rock, Texas.
Largest waterpark on US east coast opens as part of US$350m African-themed resort development


A new 200,00sq ft (18,500sq m) indoor/outdoor waterpark is the largest on the US east coast, following the opening of the US$350m (€316m, £224m) Kalahari Resorts & Conventions in Tobyhanna Township in Pennsylvania’s Pocono Mountains.
Kalahari Resorts appoint engineers for Virginia site


Kalahari Resorts, the Wisconsin, US-based firm, has appointed an engineering firm to draft plans to get work on a US$250m project in Fredericksburg, Virginia, underway.
MORE NEWS
Michael Bloomberg helps US arts blossom with US$43m training scheme
Bloomberg Philanthropies – the charitable arm of Michael Bloomberg’s business empire – has granted 45 organisations funding in efforts to help finance the US's small to midsize arts organisations.
Video: Attractions Management News Flash 13 August 2018
The latest Attractions Management News Flash Video is now live!
Historic properties lead the way as visitors flock to English attractions
Historic properties and attractions across England experienced significant growth in visitor numbers in 2017.
Liseberg makes largest ever investment with launch of Valkyria
Valkyria – a steel dive coaster created by Bolliger & Mabillard – has opened to the public today (10 August) at the Liseberg amusement park in Gothenburg, Sweden.
+ More news   
LATEST JOBS
Business Manager
National Heritage Centre
Salary: Up to £55,000 (depending on experience) + pension
Job location: Newmarket, UK
Front of House Manager
Parkwood Entertainment
Salary: £9.00 per hour
Job location: Longridge, Preston, UK
Visitor Attractions Group Manager
Monmouthshire County Council
Salary: £37,107 - £40,858
Job location: Monmouthshire, UK
+ More jobs  
 


ADVERTISE . CONTACT US

Leisure Media, Portmill House, Portmill Lane,
Hitchin, Hertfordshire SG5 1DJ Tel: +44 (0)1462 431385

©Cybertrek 2018

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
ATTRACTIONS MANAGEMENT NEWS
ATTRACTIONS HANDBOOK
PRINT SUBSCRIPTIONS
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