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Lawsuits and other problems have kept the park closed this summer for the first time in nearly 50 years. The owners have set a May 2007 deadline to try to save the amusement park, said Scott Goodman, a principal with Sterling Bay Cos., a Chicago developer that bought the 40-acre property in May 2005. The company paid $5.6 million for the land, according to the Dundee Township assessor's office.
Read more from The Chicago Tribune.
Kinda' sad that they were unable to sell Typhoon. I'm sure the money they would have gotten for it would have been able to keep the park open. I said Santa's Village was in trouble when I first saw Typhoon for sale on Ital. I guess, from what I hear, that the ride isn't worth the $650,000 price tag they have on it. The sick part is that it will go at auction for much less!*** This post was edited by Marky Mark 8/23/2006 10:17:07 PM ***
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