The 220-acre site of the derelict Six Flags amusement park in New Orleans East is worth $3.26 million and the scrap value of its dilapidated rides would be essentially negated by the cost of removing them, according to a private appraisal ordered by the city’s Industrial Development Board.
The details of the McEnery Co.'s 200-plus-page report, which pegs the value of the main park at $3 million and an adjacent, undeveloped 65-acre site at $260,000, were released by the board at its monthly meeting Tuesday. A decision on what to do next won’t be made until at least next month.
The board did vote unanimously to have a title search, an environmental survey and a phase one environmental assessment done because any choice the board makes about the park’s future will need those tasks to be completed.
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