Published: September 20, 2011 at 1:37 AMfrom what i've been told Robert, JMA ventures is partially owned by the York family (owners of the 49ers)
Published: September 20, 2011 at 9:34 AM"The owners of the San Francisco 49ers are teaming with a local real estate firm to buy a Santa Clara theme park that had opposed the 49ers' new stadium plans.
Published: September 20, 2011 at 10:45 AMNow if they can just sell Knott's to someone who gives a dam about THEME parks and not just AMUSEMENT parks, then ALL of California will be happy.
Published: September 20, 2011 at 10:46 AMThe other thing that struck me like a TON of bricks was the $70 million price. Disney (and Universal) spend more than that on ONE ride!!!
Published: September 20, 2011 at 10:57 AMThe park is owned by the city, what they bought was the rights to operate the park, and ownership of attractions installed since the city bought the park from Marriott.
My dad says that Marriott was going to sell the park for its land value in 1984; however the city saved the park when they bought it and contracted KECO to run it for them.
Published: September 20, 2011 at 10:21 PMAny idea how long it will stay open?
Published: September 21, 2011 at 6:16 PMParamount did not own Great America I believe it was Kings Entertainment company who owned it because it had Hanna-Barbera Charcters and Grizzly was named after Grizzly at Kings Dominion just wanted to get facts more straight!
Published: September 21, 2011 at 9:36 PMZack is right, the city of Santa Clara purchased the park from Marriott because at that time the land was worth a fortune compared to what they paid for it.
As for the Gurnee park, I am pretty sure Six Flags was not who Marriott sold it too. I'm getting old but I think it was Bally Corporation that might have been the one that purchased that park???
Published: September 21, 2011 at 10:40 PMParamount did own the operating rights to Great America in between the park transferring to Kings Entertainment and Paramount selling its chain to Cedar Fair. I've edited the post to reflect that Kings was the intermediate owner between Marriott and Cedar Fair.
As for Chicago, that was a direct deal between Marriott and Bally, which owned the Six Flags chain at the time.
Published: September 22, 2011 at 11:09 AMI could see JMA running CGA with a entertainment complex and 49ers stadium next door. CGA is small enough where they could change it to a free admission park with a pay per ride (ticket) or wristband like Santa Cruz Beach Boardwalk and they could get people wandering around the park before and after 49er's games paying for the rides they want. They could keep the park open on weekends in winter through the end of the NFL season and on Friday nights (and just close the water rides if its cold). They could do midweek specials like SCBB does and they could take out the rides that don't work, like Grizzly, and eventually replace them with new rides (like a Gravity Group woodie like Wooden Warrior) if the park is profitable enough. Hopefully they would clean up the lake by Flight Deck so it doesn't look disgusting. JMA may be a property management company, but they also operate two ski resorts in Lake Tahoe and another one in Montana, which are kind of like "winter-time amusement parks". Maybe they are looking into expanding their portfolio with this being their first "summer-time amusement park". Cedar Fair wasn't really doing anything with this park, so I am glad to see someone else take a shot at it, and hope for the best.