Posted Friday, May 12, 2006 3:32 PM | Contributed by Fierce Pancake
Six Flags has found a buyer for the former AstroWorld property, bringing the redevelopment of this closely watched site one step closer. Angel/McIver Interests, based in Conroe, is under contract to buy the 104-acre tract. The land development firm said the purchase price was confidential, but Six Flags reported it as $77 million in a recent news release on earnings. Specific plans for the site have not been announced.
Read more from The Houston Chronicle.