And I think that's why they're initial plan places a good amount of focus on the water park and outlet mall while fixing rides that can be, adding some new rides including a new coaster, and removing those that can't salvaged like the boomerang(I believe that was on their hit list). The outlet mall will end up being the driving force to attract people to the area, and that IMO is a smart move. Outlet malls attract other businesses, lodging, etc.
I would agree with you Larry that for the time being this won't be on the scale of Kentucky Kingdom, the comparison was indeed two closed parks that people fought for years to gain control of. Only time will tell how big the park grows. They've publicly said they're mixing things up a bit and hope to have the new concept art out soon.
The proposal they have on the website is a bit outdated compared to the final proposal but most of it is intact.
At this point it's all about getting the ball rolling, getting it open, and installing a new signature attraction.