Hard Rock Park's craziest roller coaster has been its financial situation. This time last year, everyone was looking forward to the grand opening of the best themed park since Universal Orlando built Islands of Adventure. But after only one lackluster season in operation, the much heralded park was forced to file bankruptcy.
That was back in October. The next few months were filled with speculation on the fate of Hard Rock Park. Rumors circulated naming everyone from Universal to Parc Management as possible buyers of HRP. Some even speculated that a developer might buy the park and tear it down to build condos.
But just when hope seemed lost, a offer to purchase Hard Rock Park came from out of the blue. FPI MB Entertainment LLC was created for the sole purpose of buying HRP, and it was soon discovered that two of the original founders/investors of Hard Rock Park were involved in the new company.
Thankfully for the theme park community, they could not just sit back and watch their baby die. For the incredibly low sum of $25 million, FPI MB Entertainment LLC purchased the entirety of Hard Rock Park.
It is not known at this time whether or not the new owners will be able to reach an licensing agreement with Hard Rock Cafe. The new owners have said however that they plan to have the grand re-opening of the park on Memorial Day weekend.
With the present condition of Hard Rock Park finally on solid footing, lets all hope that it enjoys a long and prosperous future. Lets rock and roll!