A buyer for Hard Rock Park, after all? *
Published: February 10, 2009 at 7:39 PM
A group of investors, calling themselves FPI MB Entertainment, has put down $2.3 million toward a $25 million purchase of the bankrupt and shuttered Myrtle Beach theme park.
The Sun News in Myrtle Beach this evening quotes court documents saying that the new owners want to reopen the park by Memorial Day.
Of course, the new owners need to arrange financing to borrow the bulk of the purchase price which, in this economy, is hardly a sure thing. But they've put money down and have a deal with the court, so that's the most encouraging news Hard Rock Park fans (both of you -- okay, kidding...) have heard in months.
Update: From an FPI Entertainment press release:
FPI MBE is a group whose members collectively have more than 100 years in the attractions and entertainment industry and are committed to the successful reopening and operation of the Hard Rock Park. Members of FPI MBE include Freestyle Park International, a division of MT Development of Moscow; Roundbox Advisors; and a group of local Myrtle Beach, S.C. area investors. A world-renowned theme park management company has been retained to manage the operations of the park.
That's all there is. The release said that they are not taking questions until after the sale closes.
* Update 2: (Robert does some Googling...) Here's some information about Freestyle Park in Moscow. MT's partner on that is Baker Leisure Group, from Orlando. Steve Baker is the former Epcot World Showcase manager who left Disney in
1998 1988 to form his own themed entertainment management company -- whose first client was (wait for it) the Hard Rock Cafe.