The city of New Orleans has issued a request for proposals for the site of the closed Six Flags New Orleans theme park, which could result in its demolition.
WDSU.com reports that it remains possible that a developer could purchase the site and opt to rebuild the theme park, but the city is not mandating this course of action. Instead, the city's Industrial Development Board has authorized authorities to auction off the remaining rides if the developer wishes to utilize the land for a different purpose.
Theme Park Tourist recently took an in-depth look at the fate of Six Flags New Orleans, which lies in disrepair having been badly hit by Hurricane Katrina in August 2005. In November last year, city officials claimed that an offer was still on the table to redevelop the theme park, but this appears to no longer be the case.
Six Flags New Orleans closed following the hurricane, and the site has been out of use ever since. In October 2009, former operator Six Flags reached an agreement with the City of New Orleans to terminate the remainder of its lease for the site.
Southern Star Amusement Inc. tried to revive the site in 2009, after reaching a deal with entertainment group Nickelodeon to license its characters for use in the park. However, it failed to secure financial backing for deal, and Nickelodeon subsequently pulled out blaming Southern Star for failing to meets its obligations. It later said it would still consider a theme park project on the site if another developer came forward, but the park's fate nows looks sealed.
The total cost for redeveloping the New Orleans park had been estimated at $165 million by Southern Star. A large proportion of this would have come from a government bond scheme set up to encourage rebuilding of Katrina-hit areas.