Local investors buy Elitch Gardens from Premier Parks, retain its management services

Posted Monday, June 8, 2015 9:47 AM | Contributed by J.

Elitch Gardens has returned to local ownership as an investment team led by a Denver real estate firm and backed by Stan Kroenke announced they were purchasing the 125-year-old theme and water park.

Read more from The Denver Post.

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Monday, June 8, 2015 10:17 AM

As I understand it, they're actually purchasing the park from CNL. Premier was, and apparently will remain, the operator.

Love the idea of keeping ownership local...

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Monday, June 8, 2015 10:39 AM

Yes, Premier was the latest to manage Elitch's for CNL, after Herchend and the disaster that was PARC.
Hopefully it means good things for my former colleagues that are still there.

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Monday, June 8, 2015 12:06 PM

So much for the theory of Herschend leaving Darien Lake because they wanted to ONLY purchase DL while CNL wanted to sell their whole portfolio as a group...

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