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US$250m water park next to Mall of America planned for Minneapolis
POSTED 08 Nov 2018 . BY Luke Cloherty
Plans for what could become North America’s largest water park have been revealed for a plot next to the world-famous Mall of America (MOA) shopping centre and theme park in Bloomington, Minneapolis.

Working together with City of Bloomington, Triple Five, the mall’s ownership group, has laid out plans for a 250,000sq ft (23,226sq m) indoor facility with a transparent roof that would be a "tropical paradise throughout the year", according to Dan Jasper, VP of communications for MOA.

The plans, which also include space for a hotel, outline that the water park would be run by a separate non-profit organisation, which would lend money for its construction, and would "bear no burden to taxpayers".

The land on which it is to be built is owned by Triple Five. That land would be leased by the City of Bloomington and subleased to the nonprofit, which would then operate the park for 30 years.

Triple Five expects ticket sales to pay for operation costs and the project’s debt, with a caveat that, if sales are low, the city could structure a new sales tax regime on Mall of America customers to cover the shortfall.

Speaking on the slightly complicated structure of the deal, Bloomington mayor Gene Winstead said: "It looks like we found a viable solution."

Meanwhile, the city’s Port Authority administrator Schane Rudlang confidently added: "We wouldn’t be bringing this to the council and Port Authority if we thought it wasn’t going to be a success."
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Jobs . News . Products . Magazine
NEWS
US$250m water park next to Mall of America planned for Minneapolis
POSTED 08 Nov 2018 . BY Luke Cloherty
Plans for what could become North America’s largest water park have been revealed for a plot next to the world-famous Mall of America (MOA) shopping centre and theme park in Bloomington, Minneapolis.

Working together with City of Bloomington, Triple Five, the mall’s ownership group, has laid out plans for a 250,000sq ft (23,226sq m) indoor facility with a transparent roof that would be a "tropical paradise throughout the year", according to Dan Jasper, VP of communications for MOA.

The plans, which also include space for a hotel, outline that the water park would be run by a separate non-profit organisation, which would lend money for its construction, and would "bear no burden to taxpayers".

The land on which it is to be built is owned by Triple Five. That land would be leased by the City of Bloomington and subleased to the nonprofit, which would then operate the park for 30 years.

Triple Five expects ticket sales to pay for operation costs and the project’s debt, with a caveat that, if sales are low, the city could structure a new sales tax regime on Mall of America customers to cover the shortfall.

Speaking on the slightly complicated structure of the deal, Bloomington mayor Gene Winstead said: "It looks like we found a viable solution."

Meanwhile, the city’s Port Authority administrator Schane Rudlang confidently added: "We wouldn’t be bringing this to the council and Port Authority if we thought it wasn’t going to be a success."
MORE NEWS
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The Museo Regional de Tarapacá in the Atacama Desert, Chile, has been reimagined by architect Daniel Libeskind’s practice Studio Libeskind.
Compagnie des Alpes acquires Austrian theme park Familypark
French theme park and ski resort operator Compagnie des Alpes (CDA) has acquired Austria's Familypark in a deal worth €72.5m (US$82m, £62.3m).
Planning permission granted for vast £200m adventure resort in South Wales
Neath Port Talbot council has greenlit plans for the Afan Valley Adventure Resort – a highly anticipated leisure destination set to rise on a 325-acre former forestry plantation in South Wales.
New Rockhampton art gallery goes ahead as government funding announced
The award of a federal government funding grant to the tune of AU$10m (US$7.1m, €6.25m, £5.35m) will see plans advance for the development of a new site for the Rockhampton Art Gallery in Rockhampton, Queensland, Australia.
+ More news   
LATEST JOBS
Catering Manager
Welsh Water
Salary: £32,392 - £37,027
Job location: Conwy, UK
Retail Manager
The Silverstone Experience
Salary: Up to £30,000 pa
Job location: Silverstone, Towcester, UK
Human Resource Manager
Eureka
Salary: Circa £32,000 per annum
Job location: Halifax, UK
Assistant Director Visitor and Site Operations
Eureka
Salary: Circa £42,000 per annum
Job location: Halifax, UK
Attraction Manager - Conwy
Welsh Water
Salary: £39,966 - £46,960
Job location: Conwy, UK
Attraction Manager - Powys
Welsh Water
Salary: £39,966 - £46,960
Job location: Rhayader, UK
+ More jobs  
 


ADVERTISE . CONTACT US

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

©Cybertrek 2019

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