^Just FYI, Hard Rock Theme Park was built out in Myrtle Beach in 2008, but closed down after two seasons mostly due to lousy planning. A new park near Houston called Grand Texas is slowly getting off the ground and land is being cleared currently for it, but as typical it is being delayed. There are small properties that pick up here and there, but nothing like we're talking about here. The water park industry is exploding though, thanks to smaller, local (sometimes indoor) properties.
It is indeed much more difficult to get an appropriate ROI in this industry than almost everyone thinks. Every says, "oh, Frontier City just needs a world class thrill ride to round it off", not realizing that would be a $10-$20 million investment that could sink the park if it doesn't turn out well. Incremental build up is the model of choice for a reason. Frontier City is about to add a decent thrill ride for 2015 though (to be announced very soon), and I expect it will give them a bump and the confidence in the market they need to do something even greater for either 2016 or 2017. I don't see them going all out and building anything truly world class, but there is are things like this:
Untamed - Canobie Lake Park (Salem, New Hampshire, USA) that could be really fun for not a ridiculous amount of money.
White Water is in the same boat, but with smaller quantities of money. Water park projects are cheaper, but the revenue is also smaller and more variable. They did get some great new slides LAST YEAR that no one seems to recognize though. Funny how people who haven't been to the park in ages always assume nothing ever changes. With FC getting a new ride this year, I'd look for another new project at White Water next year, but it depends on how the sale goes.
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