Analysts ponder Geauga Lake land, reasons for park failure

Posted Tuesday, September 25, 2007 9:21 AM | Contributed by Jeff

Some analysts say executives' failure to recognize the drawing power of the superstar killer whale next door is why Geauga Lake ultimately couldn't bring in enough money to survive. The downward spiral of the 119-year-old amusement park in Bainbridge Township began around 2000 when Six Flags, Geauga Lake's owner at the time, bought neighboring SeaWorld and merged the parks.

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The gates have closed at Geauga Lake, but questions are just beginning about what will take the amusement park's place. It's not every day that more than 400 acres in a flourishing pocket of Northeast Ohio comes on the market. Real estate experts said the future of the land is up for grabs.

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