Posted Monday, August 7, 2006 11:07 AM | Contributed by GregLeg
Six Flags Inc. will start marketing its Denver property for sale this week. The city wants the site to continue as an amusement park, but some see it as a mixed-use development. The owner of Denver's Six Flags Elitch Gardens amusement park is seeking $170 million for the 75-acre site, according to a real estate developer who has seen the offering.
The properties are: Six Flags Darien Lake (outside Buffalo, New York); Six Flags Waterworld (Concord, California); Six Flags Elitch Gardens (Denver, Colorado); Wild Waves and Enchanted Village (outside Seattle, Washington); Six Flags Splashtown (Houston, Texas); and Six Flags Magic Mountain and Hurricane Harbor (near Los Angeles, California).
The land could be considered prime real estate as far as Denver goes, it is right along the river, easy access to downtown, lodo, & the highway. The downside is that it is right next to railroad tracks that are very active & loud at all hours of the day.
Real estate here is very over priced, we blame all the californians for moving here and driving the prices up.
"Mixed-use" has to be one of the most overused buzzwords of this decade.
But I guess it's easier to say than "$600,000 condos across the esplanade from very expensive restaurants and cafes that sell coffee for $8 a cup and another walkway where you could peer through the windows of exclusive shops and boutiques selling expensive trinkets that have no real function except to impress people with how wealthy you pretend to be."
RGB said: ...very expensive restaurants and cafes that sell coffee for $8 a cup and another walkway where you could peer through the windows of exclusive shops and boutiques selling expensive trinkets that have no real function...
Isn't that what's already sitting on that land? ;)
Too the thing with Elitch Gardens going up for sale i know that i've heard rumors that Enchanted Village up here in Seattle has been sold now. But its like a silent deal and i guess its not all the way complete. But everyone has said another amusement park company has bought the park and i've heard rumors of cedar fair wanting to build a park up here so im wondering if they r buying the park from six flags.
^ not in their current financial situation. After the paramount buy, I don't think CF will consider buying much in terms of property for the next two or three years, they have enough park rebuilding to do right now.