DiamondbackFan

Valleyfair is starting work on something:

https://www.dollywood.com/themepark/rides/big-bear-mountain/

I went back and listened to the recording of the call again. At 23 minutes and 54 seconds: "Next Thursday we will be unveiling our 2023 capital investment program. Sharing with our guests, communities, and associates a first look at what exciting rides, attractions, and immersive entertainment are coming to our parks and resort properties."

https://www.miadventure.com/season-passes

I was listening to the earnings call on Cedar Fair's investor page. https://ir.cedarfair.com/overview/default.aspx#upcoming-and-presentations Fool.com and seekingalpha.com will probably post the transcript of the call this afternoon.

According to today's earnings call, all Cedar Fair announcements will be next week.

Rumors: Knott's Berry Farm: Montezuma's Revenge upgrades/retrack and Fiesta Village refresh Kings Dominion: Jungle X-Pedition phase 2 with more rethemed rides Canada's Wonderland: Survey markings in the Camp Snoopy area, possible update/expansion

As expected:

The layout leaked a long time ago and I believe we have shipping records from Vekoma. https://panjiva.com/The-Dollywood-Co/2610316 2022-03-18 THE DOLLYWOOD CO. VEKOMA RIDES MFG. B.V. ROLLER COASTERS (AMUSEMENT PARK RIDES AND WAT CONTAINER CONTAINING 14 PACKAGES SET OF FOUNDATION FOR AMUSEMENT RIDE HS CODE 950821 FREIGHT PREPAID SHIPPERS LOAD STOW COUNT AND WEIGHT EXPRESS B/L NON-NEGOTIABLE WAYBILL SHIPPED ON BOARD

Clair Hain Jr. of GCI confirmed the purchase of two Infinity Flyer trains and Titan Track for a ride opening in Spring 2023. Dan Peak of Skyline Attractions is listed as the engineer on the permits for Project 50.

They need to raise prices and stop being a budget chain. /s

What do you mean? Titan track with infinity flyer trains can do the same things as RMC I-Box track.

The Kentucky State Fair Board is proposing redeveloping part of the Fairgrounds property with a youth sports complex, hotels, and restaurants. Several other improvements that benefit Kentucky Kingdom can be seen in the draft site plan. The road that currently cuts through the park would be redirected around the park, new VIP parking lot, redesigned access and drop off area by the park entrance, and a new parking lot and RV area. https://bloximages.newyork1.vip.townnews.com/wdrb.com/content/tncms/assets/v3/editorial/6/7a/67a0e7ea-dc64-11ec-8a64-0f8c94d3b97c/628e8966b17a9.pdf.pdf https://www.wdrb.com/news/business/millions-from-state-could-revamp-kentucky-expo-center-with-sports-complex-hotels/article_d682bd54-dc60-11ec-b60e-633df27ae2b8.html

Does anyone else think this change is a sign that Cedar Fair also put Valleyfair up for sale? They said in the California's Great America sale announcement that the company conducted a strategic review of all assets in 2021 and then in Feb. 2022 they announced that the Halloween events were being scaled way back. https://ir.cedarfair.com/news/news-details/2022/Cedar-Fair-Capitalizes-on-Opportunity-to-Sell-Its-Land-at-Californias-Great-America-Amusement-Park/ It appears the waterpark expansion plans have fallen through and there isn't much of a growth opportunity at this park. https://screamscape.com/html/valleyfair.htm The best use for this land could still be as an amusement park, but it might be a better fit in the Premier Parks/EPR Properties or Palace Entertainment/Parques Reunidos portfolios. Selling this park would allow Cedar Fair to pay down more debt and would put the company in a better position to acquire another property that they could grow or add resort accommodations to.

https://compasskc.kcmo.org/EnerGov_Prod/SelfService#/plan/a4fa62b1-f5df-4d37-8c58-42074bf42bd6?tab=reviews From the Reviews tab: Correction Type General Corrections Category General Comment Re-upload the complete Set of Sealed Plans with the following revisions. a) Combine all disciplines plan sets in to a single pdf file. RE: Sealed Wood Coaster Foundation Details, sealed Wood Coaster Foundation Plan, sealed Anchoring Details, Revision A Touchdown Points. Do not include the Grading plan sheets unless labeled for Reference Only or shall state on the Grading Plan Submitted under separate application CRBG-2022-30547. b) Provide per IBC Chapter 6 the "Construction Type: ____?" c) Provide Per IBC Chapter 3 the "Occupancy Group: ____?"

No, it isn't. If you read the SEC filing, Cedar Fair only sold the land and still has ownership of everything else on the property.

It will probably be gone in 2-6 years. https://d18rn0p25nwr6d.cloudfront.net/CIK-0000811532/78a5bf4c-e155-489d-b56b-5161d8809409.pdf "On June 27, 2022, and as a condition to the sale of the Park, the Company entered into a lease with Prologis pursuant to which Cedar Fair, L.P., through its subsidiaries will continue to operate the Park. The lease has a six-year term, and the Company has the option to extend the term for an additional five years. The lease is subject to a right in favor of Prologis to terminate the lease early by providing at least two years’ prior notice. The annual base rent under the lease is $12,247,500 and will increase by 2.5% each year" "(b) The Property does not include any property not listed in Section 1(a) and each of the following is explicitly excluded from the transactions contemplated by this Contract: (i) All inventory, furniture, machinery, equipment, tools, maintenance parts, computers, point-of-sale equipment, telephones, and all other tangible items of personal property; (ii) All contracts relating to Seller’s operation of the Park; (iii) Any and all governmental or quasi-governmental permits, licenses and approvals relating to the operation of the Park, including, but not limited to, environmental permits and occupational and liquor licenses; (iv) All of Seller’s, its affiliates’ or any third party’s trademarks and trademark rights, trade names and trade name rights, service marks and service mark rights, service names and service name rights, brand names, trade dress, business and product names, logos, maps, including Park maps, and slogans used or held for use in connection with the Park; (v) Rides, water slides, rollercoasters, improvements, inherently permanent structures, buildings, and underground storage tanks located on or about the Land; or (vi) Fixtures and all plumbing, gas, electrical, ventilating, lighting and other utilities and utility systems, ducts, hot water heaters, air conditioning systems and all other building systems, in each case attached to or comprising a part of any building located on or about the Land."

There is more detail in the SEC filing. https://d18rn0p25nwr6d.cloudfront.net/CIK-0000811532/78a5bf4c-e155-489d-b56b-5161d8809409.pdf

I hope they find a new home for that double decker carousel.

2023 doesn't seem unreasonable based on the gap between the last few coasters. Banshee: 2014 Mystic Timbers: 2017 Orion: 2020 ??: 2023

High or SkyHigh?

Based on the rides Carowinds is getting for 2023, a Zamperla Nebulaz would be cheap and fit on the existing Slingshot pad. I wouldn't mind seeing a Zamperla Air Race in this location, but it will require a larger concrete pad to be constructed.

Note: Centerbridge owns Great Wolf Resorts as part of a joint venture with Blackstone. https://seekingalpha.com/news/3799086-centerbridge-said-to-build-stake-in-takeover-target-cedar-fair https://www.bloomberg.com/news/articles/2022-02-11/centerbridge-is-said-to-build-stake-in-buyout-target-cedar-fair

Interesting... https://www.streetinsider.com/Analyst+Comments/Speculation+Six+Flags+(SIX)+Could+Join+the+Fun+as+Cedar+Fair+(FUN)+Targeted+in+Takeover/19559636.html