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Eight companies submit bids for Six Flags New Orleans site

Six Flags New Orleans sign

New Orleans authorities have revealed that eight bids have been received for the site of the shuttered Six Flags New Orleans theme park.

The Times-Picayune reports that a five-person committee will rank the bids, with five set to move forward to the next stage of negotiations. The plans put forward for the site vary wildly, from several proposed theme park developments through to an electric power plant.

The eight proposals for the former Six Flags New Orleans site are:

  • Dag Development and Provident - would build an outlet mall with an attached boardwalk entertainment district.
  • JWM Ventures - plans a resort incorporating a theme park, water park and sports complex.
  • Louisiana Heritage Resort BP - would build a 200-acre resort with nine themed lands and an attached TV and movie production studio.
  • Packaert LLC - would convert the site into an electric power plant.
  • The Paidia Company - would build a production studio, backlot and water park.
  • Powell Commodity Inc - would build retail and entertainment facilities alongside a theme park.
  • RCS Entertainment Inc. - hopes to build a "green" theme park dubbed Crescent City Amusement Park.
  • Coalition headed by Al Philips - would construct an "eco park" that would highlight green construction techniques and water usage.

The diverse set of plans will be judged based on their potential to offer a strong return on investment. New Orleans' Industrial Development Board has authorized authorities to auction off the remaining rides at Six Flags New Orleans if a developer wishes to utilize the land for a non-theme park 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.

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.

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