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Kentucky Kingdom (SFKK, KK) Discussion Thread

P. 401: Herschend Enterprises named majority partner and park operator

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It's neither cheap, easy, or practical to dig a 100 foot deep tunnel. Apparently Roller Coaster Tycoon is catching on again.

Herschend was and is a different brand than Six Flags.   There is one certainty. Kentucky Kingdom will not be receiving a launched wooden roller coaster any time soon.

Yeah, I think the only 'concern' is because people see this park going more the way of Celebration City or Wild Adventures than becoming the next SDC or Dollywood.  I think it will stay pretty much th

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Which park do we think will sell off it's attractions first? SFKK or Hard Rock Freestyle Fail Park?

 

Probally a Casino or more land for the air port

 

Were you answering Elissa's question, or just some random question related to some other thread?

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Which park do we think will sell off it's attractions first? SFKK or Hard Rock Freestyle Fail Park?

 

I'm going to go with SFKK. Seems like the state is ready to do something with the land, whether it's getting someone to reopen the park or razing it for a casino. Meanwhile, it doesn't seem like anything's going on with the Hard Rock site in terms of either reopening the park or selling/repurposing the land. Or at least I haven't heard anything lately.

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What's actually left at SFKK that is worth anything? A Vekoma Roller Skater & SLC and a ProSlide Magnetic Launch & Tornado slide? I guess there were a few other water park attractions too...but as far as the dry rides go, is there really that much left that could be salvaged after a few years of neglect?

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Looks like Google Maps satellite data is current from 2012. (Click image for larger version)

sfkk.thumb.jpg.4c87d6a59c1fe24bfb13d8a23b90c4f9.jpg

Honestly, really don't see THAT much other that what I mentioned above. I can't see either of the woodies being re-located, especially not the CCI that has been sitting rotting away for a couple of years even before the park closed. Same with the splash down boat.

 

It's been reported that the shuttle loop is now beyond repair, and there are already so many used ferris wheels on the market already, I couldn't see this one being sold for much else than parts.

 

So unless they figure out a way to re-open the park, I don't see much of an interesting auction here.

 

--Robb

Edited by robbalvey
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How well has Twisted Twins held up? Would that be worth saving at this point? If they could get GCI or the Gravity Group to get it up and running with Millennium Flyers or Timberliners I think it would be a good start.

 

Edit: Sounds like my questions already been answered.

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Twisted Twins hasn't run since 2007 and I think it would be one thing if a ride hadn't run, but the rest of the park is still being maintained, but the fact that it has now been totally neglected, not winterized, or taken care of in any way for the last 5 seasons, the ride is probably toast.

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I mean it might be possible that the ferris wheel would be relocated if its not rotted beyond repair. Its true that there are a few ferris wheels up for sale, but are there any 150ft models for sale pretty cheap? If not, there are a few major parks that could use one. =]

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I mean it might be possible that the ferris wheel would be relocated if its not rotted beyond repair. Its true that there are a few ferris wheels up for sale, but are there any 150ft models for sale pretty cheap? If not, there are a few major parks that could use one. =]

I agree there is certainly some stuff to auction off, I just don't think it will be that exciting. I mean, when they finally auction off Hard Rock Freestyle Music Disaster Park, I bet there will be a LOT of attention given to it to find out where that B&M will go, a one-of-a-kind Premiere coaster, and a "only one of it's kind in the USA" Vekoma mine train. I don't think I'll get too worked up over a Ferris Wheel, SLC, or Roller Skater!

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Twisted Twins hasn't run since 2007 and I think it would be one thing if a ride hadn't run, but the rest of the park is still being maintained, but the fact that it has now been totally neglected, not winterized, or taken care of in any way for the last 5 seasons, the ride is probably toast.

I don't think it's beyond repair--it would probably require all new track, replacement/rehab of mechanical systems, and new trains (since the old ones are gone). But Twisted Twins wasn't that great a ride to begin with anyway, and it was waaaaaay back there where not enough people would go. One might be able to make a case for getting it running in its current location if the park should reopen, but I wouldn't see much reason for any other park to buy it and move it.

 

Interesting trivia: Twisted Twins sits mostly on land owned by the Kentucky State Fair Board, however one parcel of land (which includes the station house and most of the two lift hills) is owned by Ed Hart's family. I wonder if this may have contributed to Six Flags' decision to close the ride. If the park reopens, I'm sure this situation would factor into the future of the ride.

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Twisted Twins hasn't run since 2007 and I think it would be one thing if a ride hadn't run, but the rest of the park is still being maintained, but the fact that it has now been totally neglected, not winterized, or taken care of in any way for the last 5 seasons, the ride is probably toast.

I don't think it's beyond repair--it would probably require all new track, replacement/rehab of mechanical systems, and new trains (since the old ones are gone). But Twisted Twins wasn't that great a ride to begin with anyway, and it was waaaaaay back there where not enough people would go. One might be able to make a case for getting it running in its current location if the park should reopen, but I wouldn't see much reason for any other park to buy it and move it.

This was actually my thought exactly. I said "probably" because I assumed the cost to actually make this ride operational again, especially in another park, would be cost prohibitive. But anything is certainly possible!

Edited by robbalvey
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That's quite possible, but Six Flags never owned the piece of land on which Twisted Twins' station is situated. That land is owned by the family of Ed Hart. So he can influence the future of that particular ride, no matter who (if anyone) ends up reopening the park.

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LOUISVILLE, Ky. (WDRB) -- A new lease on the former Kentucky Kingdom site could be signed in weeks.

 

Governor Steve Beshear confirmed that news to WDRB Tuesday afternoon. The governor did not name the bidder but said there is only one.

 

It's believed businessman Ed Hart is the only one who filed a proposal.

 

"I think we are very close on a lease, and then we'll have a bidder that will be able to do the financing," says Beshear, who added that it would likely be weeks, rather than months, before the lease was signed.

 

The governor said the deal would require that the state is under no financial obligation.

 

http://www.wdrb.com/story/20377782/new-lease-on-kentucky-kingdom-site-could-be-signed-in-coming-weeks

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If by chance the twins are saved, give them the Rocky Mountain treatment and have the first dueling wooden coaster with an inversion on each track.

 

While out on this limb, I'd like to agree and suggest this as the new coaster/attraction when the park would open. There'd be an immense cost to rehabbing & replacing rides, might as well drop the cash on a pre-existing structure (if it is indeed salvageable) to make a new unique experience.

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  • 4 weeks later...

http://www.courier-journal.com/article/20130110/NEWS01/301100031/Fair-Board-closer-considering-Kentucky-Kingdom-lease?nclick_check=1

 

Kentucky Kingdom lease negotiations with a group led by investor Ed Hart are apparently wrapping up, with the Kentucky State Fair Board expected to consider a deal on reopening the long-dormant park at its Jan. 24 meeting.

 

“I have been led to believe that, if the state gets everything worked out, we hope to have it (a Kentucky Kingdom lease) on the agenda,” board Chairman Ron Carmicle said in an interview, adding that he is optimistic about striking a deal with Hart’s Kentucky Kingdom Redevelopment Co.

 

The group led by Hart, who operated the park for nearly a decade through the late 1990s, was the only one to respond in October to a state solicitation to run the Kentucky Exposition Center amusement park, which has been closed since 2009.

 

Under state procurement policy, state officials say they can’t comment on pending contract negotiations.

 

Pam Trautner, spokeswoman for the Kentucky Finance and Administration Cabinet, which is heading up the Kentucky Kingdom negotiations for the state, declined to comment. So did Hart on Thursday. And Amanda Storment, fair board spokeswoman, said she had no information on the status of the negotiations.

 

But Gov. Steve Beshear has said in recent interviews that, like Carmicle, he is optimistic a deal is within reach.

 

Carmicle said he has not been privy to details but he said Finance and Administration officials have advised him of the progress.

 

If a lease is approved, he said, he expects Hart’s group will seek to finalize financing and, at the same time, apply for state tourism tax credits. Under that state program, operators of ventures that promote tourism can recover part of their investment by keeping a share of state sales taxes generated by their projects.

 

Carmicle affirmed Beshear’s insistence that the state will not be responsible for any debt payments if Hart defaults on any private loan. “The governor has been very specific about not wanting taxpayers on the hook for any debt.”

 

Carmicle said he would expect that many of the final lease provisions will match the proposal Hart made public in October.

 

Hart said then that his proposal for reopening the park, ideally in 2014, calls for investing $120 million — $50 million up front, with the rest over 30 years under a 30-year lease. His group proposed doubling the size of the water park and adding a $15 million roller coaster and three other major rides.

 

Hart sold his right to operate the park to Six Flags for about $80 million. Six Flags abandoned the park in early 2010 and filed for financial-reorganization bankruptcy.

 

A group of primarily former park employees, using the name Save My Park, has been lobbying state and local officials to reopen the park.

 

“We are looking forward to having a deal being signed and final,” said Jacob Zimmer, a spokesman for Save My Park. “Our community needs the venue for family entertainment and well as for economic development and job growth.”

 

Hart’s partners in Kentucky Kingdom Redevelopment are businessman Bruce Lunsford, who has invested with Hart in film productions and other ventures; Louisville lawyer Ed Glasscock; and Mary Moseley, head of the Al J. Schneider Co., which owns the Galt House, the Crowne Plaza across Phillips Lane from the expo center and other hotel and office properties.

 

The latest effort marks the third proposal to reopen the park in the past two years.

 

Hart submitted an initial proposal to the fair board in 2010, but the board ended months of discussions with him in October 2011, saying the state couldn’t meet his demands.

 

Then the owners of Holiday World in Santa Claus, Ind., made a passing attempt to reopen the park as Bluegrass Boardwalk and invest about $16.5 million. The Holiday World group withdrew abruptly last spring, citing the extensive requirements to obtain government incentives and the deteriorated condition of some of the rides and equipment.

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2010:

 

Organization: We want to re-open the park.

Fair Board: We'll think about it.

 

Nah.

 

2011:

 

Organization: We want to re-open the park.

Fair Board: We'll think about it.

 

Nah.

 

2012:

 

Organization: We want to re-open the park.

Fair Board: We'll think about it.

 

Nah.

 

2013:????

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