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Great America, a beloved Bay Area theme park, to shut down within next 11 years

For one of the biggest attractions in the area of ​​the Column and perhaps a part of your childhood as if my Types of the Great America and Santa Clara were my own that they have sold the fun of having fun fun for more. TOM JENSEN’S REPORT ON THE PARK WILL REMAIN OPEN FOR ANOTHER 10 YEARS, BUT AFTER THAT, NO ONE IS GUESSING WHAT WILL HAPPEN ON THE WEBSITE. HE WAS THE LORD. FOR ENTERTAINMENT IN SOUTH KOLMO FOR TOURISTS AND LOCALS SINCE 1976, BUT TODAY ANNOUNCED THE PROPERTY EXHIBITION OF CEDARS. SELLS THE PLOT WHERE IS A LARGE AMERICA AMERICA. WE TALKED TO LOCAL FAMILIES ABOUT THE DISCOUNT AS THEY CAME OUT OF THE PARK AND MOST OF THEM HAD JUST LISTENED TO THE NEWS. I HAD NO IDEA WHAT IS REALLY CRAZY. Oh, SORRY, WE HAD A NATURE TODAY. SO I HOPE THEY WILL STAY OPEN THE PARK WILL REMAIN OPEN AND OPERATE LIKE UNTIL THE CURRENT LEASE HAS ENDED IN 2033, BUT IT IS NEXT. I COME HERE FROM CORRECT TO JUNIOR HIGH CORRECT MARIA VERMONTA’S SON JACOB HAS JUST TAKEN A SEASON PATH AND HAS A NATURE IN THE LATEST WATER SUPPLIES OR THE LAST. I THINK IT’S VERY HARD. IT’S A LONG TIME AROUND. IT WILL BE A BIG CHANGE. I will enjoy it while the city of Santa Clara tells the NBC Bay Area that there is no plan to be a plan to be the future Development of the Website in a written statement The Mayor of Santa Clara was informed by the Mayor of Santa Clara. IT SEEMS THE GREAT AMERICA OF CALIFORNIA WILL NOT CHANGE IN THE SHORT TERM. YES, LEVI STADIUM AND AFTER ALL THESE OTHER COMPANY BUILDINGS, SO WE HOPE THERE IS A PLACE FOR CHILDREN THE NEW OWNER PROLACHES TELLS US

Great America, a favorite Bay Area theme park, will close in the next 11 years


California’s Great America, a Bay Area amusement park that has been entertaining families for nearly five decades, will close its doors permanently in the near future. Cedar Fair, the park’s owner and manager, announced Monday that it had sold the land to Bay Area Prologis real estate developer for $ 310 million. The 112-acre property is located between Route 237 and Highway 101, right next to Levi’s Stadium and has its own special tram stop. The agreement stipulates that the park will close at some point within the next 11 years, although the exact schedule has not been announced. Santa Clara Park, which opened in 1976 and currently has over 50 attractions, has been a mainstay for Bay Area residents, including some celebrities. Golden State Warriors star Steve Carey was recently spotted taking part in a three-point challenge at the park, just days after winning his fourth NBA championship. According to a press release announcing the sale, Cedar Fair is one of the largest amusement park operators in the world. The company owns 13 properties, including Knott’s Berry Farm, another beloved park in California. Cedar Fair bought the land below Greater America from the city of Santa Clara in 2019 for $ 150 million, having leased it in the past. It may be typical that the share of Cedar Fair (NYSE: FUN) fell almost 40% in the last five years, but jumped 1.54% on Monday. “The sale and lease agreements allow us to make money from a high value asset in the heart of Silicon Valley at a very attractive multiplier,” Cedar Fair President and CEO Richard A. Zimmerman said in a press release. It was not announced what Prologis, the new owner, plans to do with the property after the walks are closed.

Greater California, a Gulf area The amusement park that has been entertaining families for almost five decades, will finally close its gates in the near future.

Cedar Fair, owner and manager of the park, announced Monday that it has sold the land in the Bay Area real estate developer Prologis for $ 310 million. The 112-acre property is located between Route 237 and Highway 101, right next to Levi’s Stadium and has its own special tram stop. The agreement stipulates that the park will close at some point within the next 11 years, although the exact schedule has not been announced.

Santa Clara Park, which opened in 1976 and today has over 50 attractionshas been a generational support for Bay Area residents, including some celebrities. Golden State Warriors star Steph Curry was recently spotted taking part in a three-point challenge in the park a few days after winning its fourth NBA championship.

According to a Press release Announcing the sale, Cedar Fair is one of the largest amusement park operators in the world. The company owns 13 properties, including Knott’s Berry Farm, another beloved California park. Cedar Fair bought the land below Greater America from the city of Santa Clara 2019 for $ 150 millionhaving leased it before.

Perhaps indicatively, the Cedar Fair stock (NYSE: FUN) fell nearly 40% over the past five years, but jumped 1.54% on Monday.

“The sale and lease agreements allow us to make money from a high value asset in the heart of Silicon Valley at a very attractive multiplier,” Cedar Fair President and CEO Richard A. Zimmerman said in a press release.

It was not announced what Prologis, the new owner, plans to do with the property after the walks are closed.

Great America, a beloved Bay Area theme park, to shut down within next 11 years Source link Great America, a beloved Bay Area theme park, to shut down within next 11 years

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