Wednesday, May 30, 2012

Amusement Park Needs Major Improvements

{Louisville, Kentucky}...The new partners who are working toward reopening the former Kentucky Kingdom amusement park say it may not reopen until 2014. The Koch family, which operates Holiday World theme park in Santa Claus, Indiana, submitted a development plan to Louisville officials, saying all or most of the park's attractions "need to be completely refurbished to ensure safety." The Kochs have estimated it would take $16.5 million to reopen the facility. The Koch family signed a 50 year lease earlier this year with hopes of reopening it next year. They have said it will be renamed Bluegrass Boardwalk and will feature free soft drinks, sunscreen and inner-tube use at its water park. Kentucky Kingdom closed two years ago amid bankruptcy proceedings. It was formerly operated by Six Flags.