Bonfante Gardens could score cash in land deal

Posted | Contributed by supermandl

Seeking a quick cash influx to stave off late property taxes and anxious bondholders owed $70 million, the Bonfante Gardens theme park board has signed a non-binding contract to sell 33 acres of land adjacent to Eagle Ridge. The property could turn into 100 luxury homes if the City Council agrees to a wholesale, ground-breaking transfer of building permits from one parcel to another.

Read more from The Dispatch.

Robocoaster's avatar
Anything to help them stay open at least another year! I swear, if they can open for '04, I will make finally make it there.
janfrederick's avatar
Cool, neighbors to complain about the noise. ;)
Hey, ANYthing to keep Bonfante in business is a good thing. This park is a treasure, and everyone should check it out. You won't believe how gorgeous it is...as good as the Busch Parks, maybe even better, just on a smaller scale.

Let's support this park, and tell everyone you know to visit!
--Jamey

In the short term, yeah, this is good for the park to stay afloat. But in the long run, I agree with janfrederick, expensive homes right up against the park means these luxury homeowners will never allow anything significant to ever be added to the park. Can kiss goodbye that GCI Michael once proposed for a future addition to the park. Even a simple log flume will be out of the question, it'll interfere with their view or the noise or increased traffic or something.

We've seen it time and time again, people will buy homes next to a park, fully knowing they're moving in right next door to an amusement park, and then protest when the park wants to add anything new. It is a beautiful park, just hope this is enough to keep it successful forever, since BG won't ever be able to rely on any significant new attractions if this goes through. Too bad they can't sell the land to someone else for another purpose, something that won't be in conflict when new rides and expansions are proposed.

I've followed this park years before it opened when I found out about the M.C. Illnois Supreme Carousel that I rode many times as a kid at the Los Angeles County Fairgrounds during fairtime was going to be a part of the park. I found out the carousel is not the origional, but an exact fiberglass copy made by Brass Ring Entertainment in Southern California with molds made from the origional. The park is very difficult to get to, located on the west side of Gilroy near Hecker Pass over to Watsonville away from Highway 101 having to negotiate the narrow streets of Gilroy. The phrase "location, location, location" applys here. If a park is hard to get to, it has problems. And in California it's necessary. The park is very European in it's design with more empasis on beauty than rides. There were questions from the begining, weather such a park would work in California. Mr. Bonfante had a vision like Walt Disney after visiting Tivoli Gardens and other parks in Europe. It better turn the corner now, or hungry developers like wolves will snap up the land for more expensive homes there.

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