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Bids submitted for abandoned Six Flags site in New Orleans
POSTED 15 Feb 2017 . BY Tom Anstey
Three sets of developers are battling over the rights to purchase a former Six Flags theme park abandoned in 2005 because of severe flooding stemming from Hurricane Katrina, after a committee was formed to accept and research proposals from developers who want to buy and then develop the site.

The abandoned site in New Orleans, Louisiana, nowadays frequented mainly by vandals or trespassers, is owned by the city and was recently appraised for US$3.2m (€3m, £2.6m), with the board emphasising that the resulting development proposal for the land will be key to any decision made.

Entrepreneur Frank Scurlock has made a US$4.5m (€4.3m, £3.6m) bid for the site, with his multi-billion dollar proposal to include an amusement park and new resort hotel with a beach swimming pool.

Scurlock's plan includes a US$120m (€106m, £84m) first phase to restore the park with 30 different rides themed by Louisiana festivals, such as Jazz Fest, Voodoo Fest and the Ponchatoula Strawberry Festival, offering a year-round version of the state’s big events.

Developer Tanya Pope has also tabled a bid of US$3.26m (€3.1m, £2.6m) for the site, with the aim of opening a new musical-themed park, dubbed Jazzland – the name of the park when it first opened almost two decades ago.

According to Pope, the new attraction would include Jazzland Theme Park, Baritone Beach Waterpark, the Sportsman’s Paradise Resort Hotel and a retail and dining complex. Pope’s company, TPC-NOLA, has said that work would start as soon as a sale was agreed and that the US$50m (€44.2m, £35m) project is designed to showcase the state of Louisiana.

Lawyer Henry Klein is the final bidder, offering US$5m (€4.7m, £4m) for the site to develop “Project 3090”. According to Klein, his proposal would bring a concert venue to the site, with five-to-six major events to take place there each year.

With three bids tabled, other developers can submit a bid to buy the site. The committee will then address the bids at its March meeting.
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Jobs . News . Products . Magazine
NEWS
Bids submitted for abandoned Six Flags site in New Orleans
POSTED 15 Feb 2017 . BY Tom Anstey
Three sets of developers are battling over the rights to purchase a former Six Flags theme park abandoned in 2005 because of severe flooding stemming from Hurricane Katrina, after a committee was formed to accept and research proposals from developers who want to buy and then develop the site.

The abandoned site in New Orleans, Louisiana, nowadays frequented mainly by vandals or trespassers, is owned by the city and was recently appraised for US$3.2m (€3m, £2.6m), with the board emphasising that the resulting development proposal for the land will be key to any decision made.

Entrepreneur Frank Scurlock has made a US$4.5m (€4.3m, £3.6m) bid for the site, with his multi-billion dollar proposal to include an amusement park and new resort hotel with a beach swimming pool.

Scurlock's plan includes a US$120m (€106m, £84m) first phase to restore the park with 30 different rides themed by Louisiana festivals, such as Jazz Fest, Voodoo Fest and the Ponchatoula Strawberry Festival, offering a year-round version of the state’s big events.

Developer Tanya Pope has also tabled a bid of US$3.26m (€3.1m, £2.6m) for the site, with the aim of opening a new musical-themed park, dubbed Jazzland – the name of the park when it first opened almost two decades ago.

According to Pope, the new attraction would include Jazzland Theme Park, Baritone Beach Waterpark, the Sportsman’s Paradise Resort Hotel and a retail and dining complex. Pope’s company, TPC-NOLA, has said that work would start as soon as a sale was agreed and that the US$50m (€44.2m, £35m) project is designed to showcase the state of Louisiana.

Lawyer Henry Klein is the final bidder, offering US$5m (€4.7m, £4m) for the site to develop “Project 3090”. According to Klein, his proposal would bring a concert venue to the site, with five-to-six major events to take place there each year.

With three bids tabled, other developers can submit a bid to buy the site. The committee will then address the bids at its March meeting.
RELATED STORIES
Saudi Arabia considering Six Flags stake


Saudi Arabia’s Public Investment Fund (PIF) – a company set up to manage the country’s sovereign wealth and facilitate development of its national economy – is interested in purchasing a stake in Six Flags, according to reports.
Dubai Parks and Resorts planning fifth theme park


Dubai Parks and Resorts’ three major zones are now open, and the fourth Six Flags- branded park is under construction, but it seems operator DXB Entertainments is not about to rest on its laurels, with plans for a fifth park currently in the works.
Six Flags bolsters China development with waterpark announcement


Six Flags’ rapid overseas expansion is ramping up with plans to build a new waterpark next to China’s first ever theme park operating under the brand’s banner.
Jazzland developer ups offer on abandoned New Orleans theme park


An offer has been made on a Six Flags theme park that was left desolate in the wake of Hurricane Ketrina and remains abandoned to this day.
MORE NEWS
Government focuses on regional growth, with launch of £20m culture fund
Britain's minister for arts, Michael Ellis, has launched a £20m fund for culture, heritage and the creative industries to benefit towns and cities across England.
MuseumNext Europe 2018: Don't deflect responsibility on the issue of diversity
Diversity was among the topics up for discussion at this year's MuseumNext conference in London, with Shaz Hussain, assistant curator at the London Science Museum, telling delegates not "deflect responsibility" on the issue.
National Geographic uses augmented reality to create world's first open-air planetarium in Canada
National Geographic has teamed up with augmented reality provider Aryzon to create the world's first open air planetarium, using AR to project images into the night sky for a unique stargazing experience.
Comcast bid rejected as Fox agrees new merger deal with Disney
The Disney/Fox merger is back on, after Fox accepted a larger Disney offer days after Comcast attempted to hijack the deal.
+ More news   
LATEST JOBS
Groups Sales and Marketing Executive
Royal Horticultural Society
Salary: Circa £25k depending on experience
Job location: Wisley, Woking, UK
Head of Commercial Operations
The Silverstone Experience
Salary: £50,000- 55,000 pro-rata per annum + benefits
Job location: Northamptonshire, UK
Chief Operating Officer
Brooklands Museum Trust Ltd
Salary: £60,000
Job location: Weybridge, Surrey, UK
Commercial Leisure Manager - Coastal Attractions
Denbighshire County Council
Salary: £41,846 — £44,697 (plus up to £8,000 relocation allowance)
Job location: Rhyl, UK
Theming Production Manager
Merlin Entertainments Group
Salary: Competitive
Job location: Staffordshire, UK
Operations Compliance Manager
Chessington World of Adventures
Salary: £26,500 - £29,700
Job location: Chessington, UK
+ More jobs  
 


ADVERTISE . CONTACT US

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

©Cybertrek 2018

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