Lawmaker Optimistic About Kentucky Kingdom Reopening

A Kentucky lawmaker whose district includes the shuttered Kentucky Kingdom amusement park says he’s optimistic the state fair board will find an operator for the facility. State Representative Jim Wayne says he was surprised to hear that negotiations with developer Ed Hart to reopen the park fell through last week. Fair board president Harold Workman […]

Talks Continue On Kentucky Kingdom Reopening Plan

Louisville Metro Government officials say they remain hopeful that the Kentucky Kingdom amusement park will re-open next spring. A financing plan proposed by Mayor Greg Fischer in May to reopen the park would include more than $17 million in city-issued bonds, but Fischer’s chief financial officer tells the Courier-Journal that developer Ed Hart may try […]

Fischer Proposal Would Reopen Kentucky Kingdom In 2012

Louisville Mayor Greg Fischer has unveiled a plan under which the Kentucky Kingdom amusement park would reopen in 2012. It calls for the city to issue 17-and-a-half million dollars in bonds, and would bring in a third-party investor. The bonds would be backed by parking revenues, occupational taxes, and the new partner. Louisville businessman Ed […]

Hart Revises Plans for Kentucky Kingdom, Still Hopes for 2012 Re-Opening

Businessman Ed Hart has put forward a third proposal for re-opening the Kentucky Kingdom theme park next year. Hart first sought to renovate and re-open the park with a $50 million bond from the state. The General Assembly didn’t take up the issue. Hart then planned to use $20 million from the city this year […]

Without State or City Bonds, Kentucky Kingdom Redevelopment Company to Regroup

The park closed last year when Six Flags declared bankruptcy. Hart, who owned the park before Six Flags, then proposed a spate of improvements and a plan to re-open the facility by next summer. Hart’s proposal relied on the General Assembly’s approval of a $50 million bond to finance the renovations.

Kentucky Kingdom Redevelopers Not Yet Looking to Backup Plan

Even though state funding may not be available this year, the group seeking to renovate and reopen the Kentucky Kingdom theme park is not yet looking for other sources of money. The Kentucky Kingdom Redevelopment Company’s plans to reopen the park next year hinge on whether the General Assembly grants the state Fair Board a $50 million bond.

Smaller, Independent Theme Parks Thriving

In recent years, the economy has sent some theme park profits and attendance numbers rolling downhill. But smaller parks have been able to ride out the recession because of some specific strategies.