Fair Board approves lease agreement for Ed Hart's development company to reopen Kentucky Kingdom

Posted Friday, January 25, 2013 9:13 AM | Contributed by Jeff

The Kentucky State Fair Board has approved a 50-year lease agreement with businessman Ed Hart’s development group to reopen Kentucky Kingdom. The investors, Kentucky Kingdom LLLP, must secure the final $25 million in private loans before the park can open. The investors have already agreed to invest $45 million initially in the park.

Read more and see video from WLKY/Louisville, and see details of the agreement on Louisville.com.

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Sunday, January 27, 2013 10:39 PM

Looks like a lot more cash is going to the waterpark-side than the rides-side. Probably a better strategy for profits, right?

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