© Six Flags New Orleans
Six Flags New Orleans: Will hopefully find new life soon. |
Southern Star Amusements, the same company that last year had interest in redevoloping Six Flags New Orleans, has started talks with the city of New Orleans to buy the theme park.
Chief financial officer Tonya Pope stated, "We've approached them, and are about to start some formal meetings."
Back in 2008, Southern Star Amusement submitted a $70 million plan to the city of New Orleans and Six Flags that called for a new waterpark and doubling the number at rides at the park, which has been closed ever since Hurricane Katrina struck in 2005. The company gave up on the plan, however, when they were unable to reach agreements with both the city and Six Flags.
Pope did not say how much Southern Star Amusements would be willing to offer New Orleans in order to buy the land. She did say, on the other hand, that any amount offered would not cover the city's loan because "the property is not worth that much."
The company has recieved bids on restoration of the property with a May 2010 reopening projected, Pope stated.
