Cedar Fair drops suit to challenge 49ers stadium next to California's Great America

Posted Thursday, December 8, 2011 8:51 AM | Contributed by Jeff

Cedar Fair noted in their announcement regarding the cancelled sale of Great America they were dropping a lingering lawsuit challenging the 49ers stadium project. The decision to retain the park's ownership signaled an end to several years of threats over the impact of a stadium on the park as Cedar Fair expressed worries over potential parking headaches for park patrons. The 49ers released a statement praising the Ohio-based company's decision to retain control of the park.

Read more from The Mercury News.

Thursday, December 8, 2011 9:32 AM

The article makes it sound like it was Cedar Fair's decision to keep Great America. Unless I'm missing something, wasn't it JMA that decided not to buy the park?

Last edited by Jason Hammond, Thursday, December 8, 2011 9:33 AM
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Thursday, December 8, 2011 10:40 AM

Well, it seems all three parties (team, park & city) have decided to play nice with each other. Now maybe Cedar Fair should buy the naming rights to the stadium. Any suggestions?

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Thursday, December 8, 2011 12:04 PM

I still think Cedar Fair should have re-branded the park "Knott's Great America"

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Thursday, December 8, 2011 12:40 PM

I think they considered it briefly and quickly changed their mind.

http://coasterbuzz.com/Forums/Thread/46639.aspx

It's interesting what the wesite turned into. :)

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Thursday, December 8, 2011 3:32 PM

I wonder where they would move the practice facilities?

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Thursday, December 8, 2011 7:13 PM

Doesn't it seem like a football stadium right next door would actually increase park attendance? They could develop it into a whole entertainment district thing. Parking issues? Build a parking garage.

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Thursday, December 8, 2011 8:21 PM

Tell that to Astroworld.

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Thursday, December 8, 2011 8:22 PM

+1

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Thursday, December 8, 2011 9:42 PM

Parking decks are EXPENSIVE.

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Thursday, December 8, 2011 10:03 PM

From what we're told, they cost us $15,000 per space here at the hospital. Surface lots are 1/3 the cost.

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Thursday, December 8, 2011 10:32 PM

I had been told around $10k, so yeah. Disney and Universal can see a return on that investment. I don't think a Stadium and CGA can.

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Thursday, December 8, 2011 11:21 PM

$10 or $15 per car per day would pay for it in about three years if every space was occupied every day. Realistically, it could be paid for in 5 - 10 years.

The return in the investment could come from offering easy and plentiful parking.

In my opinion.

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Friday, December 9, 2011 3:25 PM

You forget the cost to maintain, patrol, and staff said parking deck.

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Friday, December 9, 2011 5:02 PM

Parking spaces are usually around $8500 per space, $15,000 is very high. Obviously a fee would need to be charged to maintain it but in the long term it would become self-sustainable and potentially profitable. This isn't even considering the land value--if a stadium is built it could become prohibitively expensive to maintain surface parking. But like I said if they develop this into a CityWalk style entertainment district with a hotel cost wouldn't be an issue. I'm not extremely familiar with the area but given the population density I'd guess there's a market to support something like this.

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Saturday, December 10, 2011 4:58 PM

Most companies can't or won't spend that much on a structure that may eventually possibly become self sustaining. Unless you're a mega theme park operator open year round and in or close to the top attended parks in the world.

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Saturday, December 10, 2011 8:43 PM

Raven-Phile said:
From what we're told, they cost us $15,000 per space here at the hospital. Surface lots are 1/3 the cost.

Probably more than that in California, you know, with that earthquake stuff to consider.

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Saturday, December 10, 2011 11:50 PM

Tekwardo said:
Most companies can't or won't spend that much on a structure that may eventually possibly become self sustaining. Unless you're a mega theme park operator open year round and in or close to the top attended parks in the world.

I could see Cedar Point building a parking deck a long time from now. It won't be anytime soon because they still have room to expand but they'll either build a parking deck or have offsite parking with a monorail or bus.

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Sunday, December 11, 2011 12:50 AM

I heard that rumor like 20 years ago. lol

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Sunday, December 11, 2011 8:38 PM

The structure would have to be for more than just SFGAm's use ie for the stadium as well.

The parking lot is pretty huge, how do we even know Cedar Fair's complaints aren't blown out of proportion to begin with? Maybe they can knock down some of those hideous space-wasting office parks that share their superblock, that would make up some space for parking lol.

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