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… Continue reading Hart Revises Plans for Kentucky Kingdom, Still Hopes for 2012 Re-Opening
Tag: Ed Hart
Kentucky Kingdom Reopening Likely Delayed Again
The developer who wants to re-open Kentucky Kingdom amusement park says he’s not sure how to proceed after the city declined this week to approve a $20 million bond issue to get the facility back in working order. Ed Hart had hoped to use the money to partially reopen the park in 2012 and make… Continue reading Kentucky Kingdom Reopening Likely Delayed Again
Ed Hart: “Scratching My Head” Over City’s Ky Kingdom Decision
The developer who wants to re-open Kentucky Kingdom amusement park says he’s not sure how to proceed after the city declined this week to approve a $20 million bond issue to get the facility back in working order. Ed Hart had hoped to use the money to partially reopen the park in 2012 and make… Continue reading Ed Hart: “Scratching My Head” Over City’s Ky Kingdom Decision
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.
Lawmakers Asked To Back Kentucky Kingdom Plan
The fair board, which owns the property, has an agreement with businessman Ed Hart to re-open and operate the park, but is asking lawmakers for a $50 million bond issue to help implement its redevelopment plan.
Kentucky Kingdom Opening Delayed Until At Least 2012
The park closed this year as owner Six Flags went through bankruptcy. Former owner Ed Hart then planned to renovate and re-open Kentucky Kingdom next spring.
Hart Seeks $50 Million Bond For Kentucky Kingdom
Ed Hart sold the park to Six Flags in 1997. The company is undergoing bankruptcy, and Hart hopes to run the park again and re-open it by next year.
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.