You’re right. My apologies to Vonni - I hope I didn’t come off as jumping down your throat.
Over the years, there was MUCH speculation and optimism about the reopening of the park, in one form or another. For a while there, it was almost a daily play-by-play of what was actually happening on this forum. But... the reality of the situation at the time was - it had it’s best shot at reopening as a waterpark/sports complex. That too, was (IIRC) voted down by the N.O. city council.
In the case of SFI - once they had bought the park, the attendance figures were WAY below projections. They had thought by giving it the “Six Flags” name, people would flock there, and it just didn’t happen. This was in an era where SFI were buying up more parks than they handle (Dan Snyder era). They had bought Jazzland, Frontier City, Darien Lake, Walibi Holland and Walibi Belgium.
In the bankruptcy filing of SFI in 2009(?)(sorry-doing this from memory) four of those parks were sold off. (Ironically, FC and DL have been reacquired by SFI). In the case of SFNO (aka: Jazzland), no one wanted to buy it, or even the property, as a whole. After a short time, SFI decided to try and sell the park as a whole. All the offers that came in were for parceling out the property only. After even more time (~2007) SFI stopped paying the lease on the land, and it was eventually taken over by the city of N.O.
As to why it failed: it was, simply put, the demographics. There wasn’t enough population within a (approx) 2-hr drive to keep the park afloat. (Which makes the reacquisition of FC and DL even more perplexing, though they are regional parks that break relatively even.) Being that when SFI acquired it, there weren’t a whole lot of rides. It was a half-day park at best (with multiple rides on everything). Absolutely no shade, other than the eating places. To add insult to injury, (again, IIRC) they had sold less than 5k season passes for ANY year the park was in operation. SF came in, added some rides (6-7, incl Batman) and the numbers went up, but only in a single-digit percentage (8%?). It was a regional park (at best), and really never could become a “destination” park that would cover the bills.
As for me, I liked the park, and I really liked Megazeph. I remember very vividly the day we went (2002 when it was Jazzland). It was 93* when the park opened, and 85% humidity. It was hot and miserable. We thought it had the makings of a good small park, but definitely needed shade. However, there were only about 35-40 other people in the park the day we went (mid July). We thought that that was seriously odd. We asked some employees about it. We were told that was the norm. They would only get busy days around Memorial Day, and July 4th.
Anyway - go thru the previous pages, and you’ll get a lot of info (and speculation) as to the rise and fall of the park.
Again, I apologize if I came off as a bit harsh.