Posted Tuesday, October 4, 2011 8:07 AM | Contributed by Jason Hammond
His company’s inability to reach an accord with state officials on operating the closed Kentucky Kingdom amusement park is “puzzling,” according to Ed Hart, the lead investor in the venture.
Read more from The Courier-Journal.
Lead investor? Wasn't the bulk of the money he wanted to reopen this place with going to come from the government?
No, he secured about 20 million in funding, coming from private partners.
I don't think he did. I think he wanted to get to that total with help.
This is terrible news for the Louisville area, and great news for Holiday World!
My gut feeling is the fair board looks at KK as a golden goose and want way more than it's worth for rent. I know SF was paying well over a million a year.Last edited by Paul Drabek, Tuesday, October 4, 2011 11:28 PM
They need to just open the place as just a waterpark. That was the money maker for the property and it costs alot less with less overhead. Everytime I went there, it was the waterpark that was crowded while the dry rides really had no lines.
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