Suitor for Six Flags New Orleans walks away from deal

Posted Thursday, October 2, 2008 10:54 AM | Contributed by Jeff

The Bay St. Louis, Miss., company that was in talks to convert Six Flags New Orleans into a larger amusement and water park is no longer interested in the project, representatives on both sides confirmed this week. Earlier this year, Southern Star Amusement submitted a $70 million plan to the city and Six Flags that called for adding a water park and doubling the number of rides. Six Flags says they could not agree on price and terms.

Read more from The Times-Picayune.

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Thursday, October 2, 2008 2:12 PM

I'm shocked. Shocked.

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Thursday, October 2, 2008 5:22 PM

Why does this not surprise me? With economy circleing the drain, and NO being in the path of TWO huricanes in three years. No wonder thet walked away.

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Friday, October 3, 2008 10:41 AM

My guess is that on further analysis of the condition of the park, it was in worse shape than they thought. As unfortunate as it is, I suspect NO may go quite some time without an amusement park..

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Friday, October 3, 2008 5:50 PM

Or SF and the city finally figured out that they were being duped by some wide-eyed enthusiasts who were looking to bring some RCT scenarios to real life. They went so far as to put a forum and their website and have a 14 year old with no connection to the company as a moderator. That told me all I needed to know about their chances of pulling this off.

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