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New Ghost Town in the Sky owner buys rides for $500,000Submitted by Nick Sim on Thursday, April 12, 2012 21:49
The new owner of the shuttered Ghost Town in the Sky theme park has purchased its rides for $500,000, removing another obstacle to the park reopening.
Alaska Presley, who purchased the park for $1.5 million at a bankruptcy auction in February, plans to reopen parts of it the public before the end of the 2012 season. The Smoky Mountain News reports that efforts are currently focused on the Wild West town area of Ghost Town in the Sky, in the hope that this will return to operations first.
Presley has previously stated her aim to convert some areas of Ghost Town in the Sky into a Christian theme park, with a large statue of Jesus being installed on the top of the mountain that hosts the park. However, the Wild West town is likely to be viewed as a more commercially viable proposition in the short-term. The purchase of the attractions in the area will enable work on restoring them to fully working order to begin.
Presley, who was involved in the original opening of the park in 1960, is the second new owner to rescue Ghost Town in the Sky from bankruptcy in less than a decade. The park was last rescued in 2006, some 4 years after a previous bankruptcy forced its closure. However, it plunged back into bankruptcy in November 2009, just two years after reopening.
Full details of the progress being made in the restoration of Ghost Town in the Sky can be found in the Smoky Mountain News report.