Nickelodeon Universe Discussion Thread

P. 202: $250 million indoor water park project approved!
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Re: Nickelodeon Universe Discussion Thread

Postby Canobie Coaster » Wed Feb 13, 2019 6:49 pm

^ If that's true, I hope they give a bit more warning than the Atomic Collider last year.
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Re: Nickelodeon Universe Discussion Thread

Postby garyman6 » Thu Feb 14, 2019 7:09 am

I heard that too but probably from the same source. I'm not really understanding why though. If they can keep woodies going for centuries, why can't they keep a steel coaster, which is located inside and out of the elements, going for longer then 27 years? Even running year around. Corkscrew at VF is over 30 years and no plans to remove it. Maybe just get new trains for it! Or maybe they are going to "end" the current version of it. Do a complete refurb. on it, re-theme it and re-open it with a different name. If they do remove it, I hope they replace it with a similar layout but more thrilling!

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Re: Nickelodeon Universe Discussion Thread

Postby A.J. » Thu Feb 14, 2019 8:24 am

There's also nothing stopping them from calling up Zierer and asking them to do a complete reconstruction of the coaster a la Incredible Hulk.
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Re: Nickelodeon Universe Discussion Thread

Postby Kw6sTheatee » Thu Feb 14, 2019 8:40 am

I’ve ridden Pepsi’s sister coaster, Autosled at Galaxyland, and it would suck to lose what is essentially a park monorail in the form of a cred. But I do hope that whatever goes in its spot will be good (A Chance family coaster like Slime Streak going to Nickelodeon Universe N.J. would be a well-fitting replacement and update, or maybe the station to a multilaunch coaster that winds around Nickelodeon Universe? Let’s hope it’s not another playground...).
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Re: Nickelodeon Universe Discussion Thread

Postby jlp94 » Thu Feb 14, 2019 4:31 pm

A.J. wrote:There's also nothing stopping them from calling up Zierer and asking them to do a complete reconstruction of the coaster a la Incredible Hulk.

Exactly.

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From 2015 to 2017, both of their Zierer coasters were completely re-tracked. Nickelodeon Universe could undoubtedly do that to Pepsi without any hassle of removing it. I mean, because it went all around the park, it's not like it took up any huge plots of land to replace with another coaster.
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Re: Nickelodeon Universe Discussion Thread

Postby Rai Fox » Fri Feb 15, 2019 7:45 am

garyman6 wrote:I heard that too but probably from the same source. I'm not really understanding why though. If they can keep woodies going for centuries, why can't they keep a steel coaster, which is located inside and out of the elements, going for longer then 27 years? Even running year around. Corkscrew at VF is over 30 years and no plans to remove it. Maybe just get new trains for it! Or maybe they are going to "end" the current version of it. Do a complete refurb. on it, re-theme it and re-open it with a different name. If they do remove it, I hope they replace it with a similar layout but more thrilling!


I could be wrong here, and there are much older steel coasters still around and in fine shape, but I imagine metal fatigue may have something to do with it. Wooden coasters can last forever in part because it's comparatively very easy to replace individual pieces of wood on them; most older wooden coasters have had wood replaced all over many times. Look at something like Phoenix, and how they're replacing sections of it every off-season.

That's much harder to do with a steel coaster; you can't just nail or bolt a new piece of steel in to replace one that's wearing out.

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Re: Nickelodeon Universe Discussion Thread

Postby coasterbill » Fri Feb 15, 2019 7:53 am

They're a pay-per-ride operation and it's a popular and reliable ride that's not in the way of anything that has a really impressive capacity. If anything I would think they would just replace all of the track like Morey's did with their SLC.

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Re: Nickelodeon Universe Discussion Thread

Postby thrillseeker4552 » Sat Feb 16, 2019 9:53 am

If replacing all the track on these Zierer coasters is a thing, I hope that happens to Jaguar at Knott's. That ride has also been running year-round for 20+ years.
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Re: Nickelodeon Universe Discussion Thread

Postby MidwestThemeParks » Sat Feb 16, 2019 11:51 am

Pepsi Orange Streak definitely requires more maintenance than other rides at the park according to the maintenance schedule.

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Re: Nickelodeon Universe Discussion Thread

Postby jedimaster1227 » Fri Apr 26, 2019 5:54 am

Officials have voted in favor of the construction of the $250 million indoor water park project attached to the Mall of America!

1555544909_10094742+3bloomwater042819.jpg
A rendering of a proposed water park adjoining the Mall of America.

http://www.startribune.com/bloomington-presses-forward-with-moa-water-park/508730342/

Bloomington leaders voted Wednesday night to commit $7.5 million to push ahead with a controversial — and complex — financial plan to build one of the country’s largest water parks beside the Mall of America.

The proposed $250 million facility would be built on a surface parking lot north of the mall. Renderings show people sunbathing beneath a glass roof, alongside wading ponds, slides, a lazy river and a waterfall.

The mall proposed the water park, but its owners say the facility would not generate enough money to cover private interest rates. As a result, the city developed an alternative plan with little precedent in the state — in hopes of lowering borrowing costs while shielding the city’s credit rating.

Representatives for Triple Five, which owns the mall, told the City Council and Bloomington Port Authority Wednesday night that the water park would help the Mall of America remain successful amid retail closures sweeping the country.

“The risk of not proceeding is what’s unknown. Where do you see mall sales going, mall revenues going if we don’t transform the Mall of America?” asked Kurt Hagen, senior vice president of development for Triple Five.

City leaders voted unanimously to partner with the mall on a development contract to fully design the facility, which would precede final decisions about the proposal. Bloomington will pay 75% of that $10 million cost using liquor and hotel sales taxes generated in the city, which would be repaid if the water park is ultimately built. Triple Five is to pay the remainder.

Tax dollars could pay another $50 million in the future for a parking ramp and a skyway, as well as up to $8 million to help prepare the site, according to city estimates. And the plan hinges on raising sales taxes at the Mall of America if the park fails to generate enough money — an option authorized by the Legislature in 2008.

“There really haven’t been any red lights that have popped up as this thing has been looked at and studied,” said Bloomington Mayor Gene Winstead.

Authorities in public financing say the plan stretches the intended purpose of tax-exempt bonds, and reflects their growing use for developments closely associated with for-profit companies.

Under the arrangement, the city would draft a nonprofit organization whose charitable mission is “lessening the burdens of government” to borrow money for the project — possibly from an out-of-state issuer of tax-exempt bonds — and then own the water park.

“We haven’t seen it in Minnesota, but it is something that … has been used in a number of places,” said Port Authority President Bob Erickson.

The water park would be built on land owned by the Mall of America, which would then be owed market-rate rent paid by water park revenue. The city says this is necessary because of rules restricting private involvement in projects financed by this type of bond.

Three rating agencies reviewed how the plan might affect the city’s AAA credit rating. Moody’s and Standard & Poor’s said it would not affect the rating. Fitch Ratings said the city’s rating would be reduced slightly because its commitment of sales taxes ties the debt closely to the city’s finances.

Several city leaders noted that the $7.5 million comes from a fund that must be used for South Loop development projects.

“It is a calculated risk,” said City Council Member Tim Busse. “But it’s a wise investment of the funds that are there for that very reason.”

Correction: Previous versions of this article misstated the area that pays the city's hotel and liquor tax.
1555544909_10094742+4bloomwater041819.jpg
COURTESY OF CITY OF BLOOMINGTON, STAR TRIBUNE
An updated rendering of a 250,000 square foot indoor water park proposed in front of the Mall of America in Bloomington.
Last edited by jedimaster1227 on Fri Apr 26, 2019 5:56 am.
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