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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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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
£15m waterpark opens in Wales ahead of Easter weekend
A new £15m (US$19.5m, €17.3m) waterpark has opened its doors to the public in Rhyl, Wales, with three flumes for thrillseekers to enjoy.
Elton John makes significant V&A donation for photography collaboration
London’s V&A Museum has announced a partnership with Elton John and his husband, David Furnish, that will see its Gallery 101 in the newly opened V&A Photography Centre renamed 'The Sir Elton John and David Furnish Gallery'.
Climate Emergency campaign draws support from UK culture sector
More than 190 UK institutions and individuals from the arts and culture sectors have pledged their support to Culture Declares Emergency (CDE), which is part of the Climate Emergency Declaration campaign.
Disney makes US$5m donation to Notre-Dame rebuild following blaze
Disney has donated US$5m (€4.4m, £3.8m) toward the restoration efforts of Notre-Dame Cathedral, following the huge fire that destroyed much of the iconic landmark in Paris.
+ More news   
LATEST JOBS
Sales and Marketing Manager
Continuum Attractions
Salary: Up to £24,000
Job location: Oxford, UK
Head of Cultural and Community Services
South Derbyshire District Council
Salary: Up to £65,000
Job location: Derbyshire, UK
Attraction Operations Manager
Legoland Discovery Centre
Salary: Competitive
Job location: Tempe, Arizona, USA
Customer Relationship Manager
Merlin Entertainments Group
Salary: Competitive
Job location: Sydney NSW, Australia
Regional HSS Manager (Asia)
Merlin Entertainments Group
Salary: Competitive
Job location: Shanghai, China
Assistant Director Visitor and Site Operations
Eureka
Salary: Circa £42,000 per annum
Job location: Halifax, 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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