Posted Friday, March 27, 2009 9:24 AM | Contributed by Jeff
The high hopes of building an Eloy rock-and-roll theme park alluring enough to rival Disneyland appear as outdated as vinyl records, eight-track players, and cassette tapes as the stagnant credit market has made raising initial investments impossible. Officials in the small city situated off the Interstate 10 haven't heard from the project's principal investors, Greg Sherman and Martin West, for the past two months. Even the last correspondence the city received from them began with "apologies for dropping off the face of the Earth."
Read more from The Capitol Times.
I don't subscribe to the Capitol Times, so I can't read the article...
That's strange... the first time I went there it didn't require a login. Try the link from Google News.Last edited by Jeff, Friday, March 27, 2009 11:17 AM
Well, it seems that the developers are still optimistic about the park. Though, it's definitely a smart idea for them to wait for the economy to turn around.
I'm not sure it was such a great idea when the economy was in good shape. It seems like someone comes up with an idea for a new park every year or so. It's seems rare to see them succeed, even when backed by the king of theme parkery <cough>DCA</cough>.
Was IOA the last successful venture? I think it was all about location and size of investment there.
^Hopefully the new owners of HRP can make that place the last successful venture.
Maybe music-themed parks are not meant to be? Hard Rock Park, Opryland, etc.?
Well, we've always got Dollywood. Not really *music-themed*, but close enough.
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