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re: The New Orleans Six Flags site rotted for years; a developer just leased it

Posted on 10/26/23 at 9:04 am to
Posted by Dragula
Laguna Seca
Member since Jun 2020
4944 posts
Posted on 10/26/23 at 9:04 am to
Will fail again
Posted by NOSHAU
Member since Feb 2012
11955 posts
Posted on 10/26/23 at 9:10 am to
quote:

Sign lease with out funding?

In other words, he has political connections.
Posted by toratiger
susukino
Member since Aug 2008
2605 posts
Posted on 10/26/23 at 9:21 am to
LOL at New Orleans again.
Posted by dkreller
Laffy
Member since Jan 2009
30347 posts
Posted on 10/26/23 at 9:24 am to
That will be a collosal waste of money. How does something like that, in that location even get insured?
Posted by VADawg
Wherever
Member since Nov 2011
45036 posts
Posted on 10/26/23 at 9:34 am to
quote:

Henry's plan is to turn the blighted property into a sprawling complex of water parks, youth sporting facilities, two hotels, an 8.5-acre clear lake for swimming, a movie studio, amphitheater, retail outlets and other amenities.


Posted by BlackAdam
Member since Jan 2016
6462 posts
Posted on 10/26/23 at 9:39 am to
The remediation costs are in the $10 million range. Nothing will ever be there but a rotting theme park.
Posted by phutureisyic
New Orleans
Member since Aug 2016
3370 posts
Posted on 10/26/23 at 9:47 am to
This will be exactly like Blue Bayou but on a larger scale.
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