Nickelodeon Universe (MOA) Discussion Thread

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

Postby coasterbill » Fri Apr 26, 2019 6:33 am

Oh my god I love this mall.

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Re: Nickelodeon Universe Discussion Thread

Postby SharkTums » Fri Apr 26, 2019 6:38 am

I feel like the people of Minnesota deserve/need something like this to tolerate their winter weather. =)

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Re: Nickelodeon Universe Discussion Thread

Postby RCjunkie » Fri Apr 26, 2019 11:50 am

^ I can agree with that. :) And now VF's approved water park expansion project will be totally blown out of the water (pardon the pun) by this behemoth before it is even built (that is IF Valleyfair builds it). If MOA/NU threw up a B&M hyper or an RMC in the parking lot next to this new water park would anyone even go to VF anymore? :lol:

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Re: Nickelodeon Universe Discussion Thread

Postby PKI Jizzman » Fri Apr 26, 2019 12:14 pm

Minneapolis makes it so easy to get in and out of MoA with public transportation I'll absolutely take a quick flight up there for the weekend to escape the colder weather for some coasters, flumes, and slides. Thank you, Minneapolis!
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Re: Nickelodeon Universe Discussion Thread

Postby ytterbiumanalyst » Sat Apr 27, 2019 12:05 am

Sweeeeeeeet! We are definitely going here when it opens (even if that's several years). We love Minnesota and this is just one more reason to go back.

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Re: Nickelodeon Universe Discussion Thread

Postby mary.pesik » Tue Apr 30, 2019 2:58 pm

Don't worry we've got the same thing in the American Dream (can't wait for when THAT comes)
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Re: Nickelodeon Universe Discussion Thread

Postby ytterbiumanalyst » Tue Apr 30, 2019 3:55 pm

Hahaha, ok. Yeah, a mall twice as far from me. Good rec there.

I love Minnesota for the natural beauty, the friendly people, the cool summer weather that is a welcome relief from muggy Southern heat.

I also love New Jersey, but more in the sense that I can't look away from the train wreck happening all around me. It's an amusing and fascinating place, and I can't believe it actually exists.

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Re: Nickelodeon Universe Discussion Thread

Postby garyman6 » Wed May 01, 2019 6:32 am

RCjunkie wrote:^ I can agree with that. :) And now VF's approved water park expansion project will be totally blown out of the water (pardon the pun) by this behemoth before it is even built (that is IF Valleyfair builds it). If MOA/NU threw up a B&M hyper or an RMC in the parking lot next to this new water park would anyone even go to VF anymore? :lol:


Of Course we would. There are all kinds of examples where the two coexist! Plus, the mall can be way too busy much of the time. I took my daughter to Nick U. last month. We paid for all-day wrist bands and rode a total of 3 rides! Every line was 45 min wait min. And as much as I'd love to see a big coaster put up there, unless they can figure out a way to have the station inside Nick U and the track leaving the mall, I don't see that as being a viable option. Cedar Fair has shown itself to not back down from competition. If anything, maybe it will make them re-evaluate their plans for Valleyfair and increase the investment. I mean from a tourist perspective or a theme park enthusiast perspective, what could be better then having two great destinations within 20 min of each other. Honestly, I think Valleyfair should partner up with MOA and offer shuttle buses from the Mall to Valleyfair! No car rental or Lyft needed.

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Re: Nickelodeon Universe Discussion Thread

Postby Dombot » Wed May 01, 2019 9:41 am

mary.pesik wrote:Don't worry we've got the same thing in the American Dream (can't wait for when THAT comes)


In all seriousness, this looks awesome. Really cool to see that they're building on both the Nick Universe parks rather than focusing on just the one. It's quite the investment, but it looks really promising and I'm super excited. :)
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Re: Nickelodeon Universe Discussion Thread

Postby RCjunkie » Thu Nov 14, 2019 11:35 am

The new MOA waterpark is one step closer to happening. The last vote for financing approval happens next month. Update on the details are below. Such a weird financing agreement.

Bloomington gets ready to set water park tax plan in motion

Bloomington leaders are nearing final approval of an elaborate plan to help build one of the nation’s largest water parks beside the Mall of America.

The deal hinges on the city’s option to hike sales taxes at the Mall of America to pay debt on the $260 million facility, if visitors who pay to raft down 10-foot-wide slides and lounge in cabanas don’t generate enough revenue. The City Council voted unanimously Tuesday to authorize imposing the taxes — 11 years after the Legislature granted them that power — under specific circumstances that will be agreed to next month.

A series of votes scheduled for Dec. 17 will finalize an unusual financing plan with little precedent in Minnesota.

Under the deal, a Louisiana-based nonprofit organization will borrow money from an Arizona public development authority to build the park. Then a Mall of America affiliate will manage it. The debt will be guaranteed by a city pledge to raise sales taxes at the mall if water-park revenue falls short. Bloomington will pay more than $55 million for a parking ramp and skyway, and the water park will pay rent to Mall of America owners for using their land.

No one testified at a public hearing about the taxes at Bloomington City Hall on Tuesday night. Voters last week elected a supporter of the water-park plan, City Council Member Tim Busse, to be the city’s next mayor — succeeding Gene Winstead, another champion of the project.

Before the vote, Mall of America representatives briefed city leaders on what visitors will find inside the glass-covered, multilevel 325,000-square-foot facility. Updated renderings show a tropical oasis replete with palm trees, thatch-roofed structures, lounge chairs, wave pools and a mock steamer ship.

“This isn’t a traditional water park where you’re seeing the North Woods type landscape and feel,” said Nate Klutz, the mall’s vice president of construction. “We’re trying to create our own unique branding, our own unique experience.”

A centerpiece is a slide complex reaching 70 feet high, where groups on rafts can barrel down wide, translucent multicolored fiberglass tubes.

Chris Grap, lead storyteller and experience designer for the Mall of America, said they worked carefully to make the most of limited space.

“We kind of like to say it’s all killer and no filler,” Grap told city leaders. “We’ve made sure there aren’t any redundant experiences within the park.”

Grap said they have broken the park up into five “outposts” with their own music, plants and “rock work.”

“We want this project to last well beyond the impression of a first visit,” Grap said. “There’s not one ‘wow’ moment. There’s 20 ‘wow’ moments. We want to build a sense of discovery. We want people to be able to walk in the space and recognize that this isn’t a water park. Really we’ve designed it as a theme park with water-based attractions.”

A Bloomington official said last month that the working title is “Mystery Cove,” though Mall spokeswoman Sarah Grap said a name has not been chosen.

Taxes, feasibility

But can it turn enough profit? That’s the subject of a feasibility study by Hotel and Leisure Advisors that the city expects to receive before Thanksgiving. That study will be put into the preliminary operating statement for the bonds on the project.

“So it’s not [Mall of America ownership] projections, it’s not the city’s projections, it’s an independent third party whose livelihood is to project the performance of water parks,” said Schane Rudlang, administrator of Bloomington’s Port Authority.

The sales taxes approved Tuesday night would only apply at the Mall of America and the block north of the shopping center. The city is authorized to charge a hotel tax, admission and recreation tax and general sales tax of up to 1%, as well as a food and beverage tax up to 3%.

The city will vote on a plan next month to impose the taxes — or portions of them — automatically depending on certain circumstances.

“It’s designed so that there would be no subsequent action before the [City Council],” said city attorney Melissa Manderscheid. “These will happen as a result of certain things occurring outside of the City Council.”

The tax plan stems from a deal brokered at the Capitol 11 years ago. Then-Gov. Tim Pawlenty supported using sales taxes to fund the mall’s expansion after vetoing an earlier attempt to redirect money from a regional tax sharing pool known as Fiscal Disparities.

In 2013, the Legislature and then-Gov. Mark Dayton also exempted the mall from the tax-sharing pool. That allowed Bloomington to subsidize infrastructure related to the mall’s expansion — such as the parking ramp and skyway for the water park — with money that would have helped reduce property taxes elsewhere in the metro.

Article link and picture - http://www.startribune.com/bloomington-sets-water-park-tax-plan-in-motion/564872702/

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