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NEWS
Iconic California amusement park sold
POSTED 11 Jan 2011 . BY Martin Nash
Iconic California amusement park sold
Santa Monica's iconic Pacific Park amusement park in California, US, has been sold for US$34m (£22m) to an Orlando, Florida-based real estate company.

CNL Lifestyle Properties - which already owns a number of entertainment properties in California, including Camelot Park in Bakersfield and WaterWorld in Concord - has bought the Santa Monica Pier-based park, along with a ground lease for the two-acre property.

Pacific Park - which offers 12 rides, among which is what is claimed to be the only solar-powered Ferris wheel in the world; 18 other games and attractions; a range of ten different food outlets; and the Pier Gear souvenir shop - will continue to be operated by Santa Monica Amusements, the company which opened the site in 1996.

Last year the park was reported to have grossed nearly US$20m (£13m) and it regularly attracts more than four million visitors a year.

Outside the US, the pier and its park are famous for having appeared in a range of films and television shows.

Image: Cjwalsh5

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NEWS
Iconic California amusement park sold
POSTED 11 Jan 2011 . BY Martin Nash
Iconic California amusement park sold
Santa Monica's iconic Pacific Park amusement park in California, US, has been sold for US$34m (£22m) to an Orlando, Florida-based real estate company.

CNL Lifestyle Properties - which already owns a number of entertainment properties in California, including Camelot Park in Bakersfield and WaterWorld in Concord - has bought the Santa Monica Pier-based park, along with a ground lease for the two-acre property.

Pacific Park - which offers 12 rides, among which is what is claimed to be the only solar-powered Ferris wheel in the world; 18 other games and attractions; a range of ten different food outlets; and the Pier Gear souvenir shop - will continue to be operated by Santa Monica Amusements, the company which opened the site in 1996.

Last year the park was reported to have grossed nearly US$20m (£13m) and it regularly attracts more than four million visitors a year.

Outside the US, the pier and its park are famous for having appeared in a range of films and television shows.

Image: Cjwalsh5

MORE NEWS
Mubadala makes €1 billion bid for Pierre and Vacances
Abu Dhabi-based investment firm Mubadala Capital has made a binding, fully financed €1 billion offer to acquire Pierre and Vacances SA, the European holiday resort operator behind the continental European Center Parcs business.
Disney confirms US$30 billion investment programme as it highlights its economic impact
Disney has reaffirmed its commitment to investing US$30 billion in its US parks and cruise business by 2033, using new America250 celebrations to underline the role its attractions play in supporting jobs, tourism and economic growth.
Expo 2030 Riyadh will create a permanent global destination
Expo 2030 Riyadh is being planned as a permanent visitor destination, with organisers confirming the six-million-square-metre site will become a Global Village after the event closes.
Australian waterpark acquisition creates new leisure attractions group
The owner of one of Australia's best-known waterparks has acquired a major competitor, creating a new attractions business spanning two of the country's largest visitor destinations.
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David & Lynn Willrich started the Company over thirty years ago, from the Audio Visual Department [more...]
RMA Ltd

RMA Ltd is a one-stop global company that can design, build and produce from a greenfield site upw [more...]
iPlayCO

iPlayCo was established in 1999. [more...]
Alterface

Alterface’s Creative Division team is seasoned in concept and ride development, as well as storyte [more...]
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CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

23-26 Aug 2026

Elevate Spa Riviera Maya Edition

The Riviera Maya Edition Kanai, Playa del Carmen, Mexico
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