King Cobra Posted August 16, 2012 Share Posted August 16, 2012 Knott's recently announced they would be removing Perilous Plunge. Are we to be expecting an announcement of a new attraction for 2013? What do ya'll think? Quote Link to comment Share on other sites More sharing options...
beastrider97 Posted August 16, 2012 Share Posted August 16, 2012 It would be interesting to see whether KBF will get a new coaster or the like in the future. I doubt anything too big next year. Also, this topic would be most appropriate in the Other Amusement Parks & Industry News section. Quote Link to comment Share on other sites More sharing options...
RingMaster Posted August 16, 2012 Share Posted August 16, 2012 From the desk of one Screamscape.com... 2013 - Giga Coaster - Rumor - (8/15/12) Knott’s new 2013 coaster looks like it should be moving full steam ahead at last. The rumors all point to a Giga sized coaster, possibly in the range of 325-340 feet tall. Intamin is still the rumored designer, though I have heard B&M’s name dropped as well a couple of times. All those wild survey markers seen around the park about 18 months ago may all come into play once again, with a crazy ride layout that could very well run wild over a large portion of the park. Quote Link to comment Share on other sites More sharing options...
thekidd33 Posted August 16, 2012 Share Posted August 16, 2012 With one $30 million investment already on the books I doubt we will see another $20 million plus ride for 2013 (yes, yes I realize that this did in fact happen with both Intimidators going in the same year). That would leave very very little to go around for the rest of the parks for next year. I think we may see the boomerang come out at the end of next summer and this turn out to be a 2014-2015 project. Quote Link to comment Share on other sites More sharing options...
beastrider97 Posted August 16, 2012 Share Posted August 16, 2012 ^Add in GCA's new GCI, it is doubtful to see any other huge investments. Quote Link to comment Share on other sites More sharing options...
CoasterGeek101 Posted August 16, 2012 Share Posted August 16, 2012 Well Matt said he would use part of Fast Lane to invest in new roller coasters, I think. Quote Link to comment Share on other sites More sharing options...
google13 Posted August 16, 2012 Share Posted August 16, 2012 I see it as this that Cedar Point got a coaster cause it probably wasnt that expensive to remove disaster transport ( don't yell at me if im wrong this is just my guess) so they money for a new coaster. Kingsisland has to tear down the son of The Beast so that is going to be expensive so i dont see a new coaster there until 2014 or 2015 but for knotts berry farm with perilous plunge idk how much that would cost to remove but if they didnt have planning done then I just dont see a coaster for next year maybe again in 2014 and 2015 but with all this cost I find the parks equal with new coasters and other events happening. Quote Link to comment Share on other sites More sharing options...
Rustbucket Posted August 16, 2012 Share Posted August 16, 2012 B&M Coaster? Enough markers around KBF yesterday. Quote Link to comment Share on other sites More sharing options...
TheCrypt Posted August 16, 2012 Share Posted August 16, 2012 ^^Nice run on sentence, dude. CF is spending $30 big bucks on the Point this year. They are also ripping up concrete, buildings, 2 rides, and more. 1 Quote Link to comment Share on other sites More sharing options...
beastrider97 Posted August 16, 2012 Share Posted August 16, 2012 If a B&M Wingrider cost $30 bucks, I'd build one in my backyard! The only problem is I don't have that kind of land. 7 Quote Link to comment Share on other sites More sharing options...
google13 Posted August 16, 2012 Share Posted August 16, 2012 ^^ Im sorry i didnt know i was being graded on how I type stuff Quote Link to comment Share on other sites More sharing options...
beastrider97 Posted August 16, 2012 Share Posted August 16, 2012 You may want to read the TOS, I doubt you want to be graded by being banned. Besides, good grammar helps everyone to understand what you're trying to say. 3 Quote Link to comment Share on other sites More sharing options...
TheCrypt Posted August 16, 2012 Share Posted August 16, 2012 It is part of the ToS. In fact, all of your posts look like that. Did you even read the ToS? http://www.KICentral...rms-of-service/ EDIT: Kid with the Banshee eyes beat me! 1 Quote Link to comment Share on other sites More sharing options...
AintNutinElse2Do Posted August 16, 2012 Share Posted August 16, 2012 Just guesstimates here but I'd imagine Cedar Fair capital expenditures will be between $80-$90 million. Cedar Point $30m for Gatekeeper (which likely includes cost of demo, and the rest of the story) Great America $15m for "Au13" I know that's high for a woody but it's California and due to earthquakes regulations it'll likely cost more than usual That would leave $30-$45m for the rest of the chain. Again completely guessing here but I'd imagine the rest will work out something like this. Kings Dominion $10m for kids area refurbishment/expansion Worlds of Fun $5m for a WindSeeker Carowinds $5m for Dinos and or Luminosity style show This is where it gets tricky, roughly $10m-$25m left on the table. Which they could give Knotts a $25m coaster while shafting everyone else. Or split up the remaining $10m-$25m among everyone everyone else. Personally I feel it would be more likely for the $25m to be given to Knotts while everyone else gets the shaft or at most minimal (respectively) investments. Again just guessing here I'm no intern and have no relations with the dippin dots guy. 1 Quote Link to comment Share on other sites More sharing options...
KIfan1980 Posted August 16, 2012 Share Posted August 16, 2012 Sharing some thoughts on capital expenditures based upon my own experience outside the amusement park industry: - First a reminder that the Government (IRS, SEC, and other agencies) has rules that define how businesses must mange money: for example, what is a capital expenditure versus what is expense spending (capital creates a depreciating asset) and when spending must be reported - If, as I beleive to be the case, the FUN financial/tax year is Jan-Dec, a new coaster project like Gatekeeper will have major spending in both 2012 (design costs, Purchase of parts delivered this year, demo) and 2013 (installation, parts delivered next year). Therefore, you can't just assign the $30Million project cost to a fiscal year spend easily. The corporation must mange both yearly costs and project costs. - I'd also expect FUN to build their capital budgets up from zero each year, beginning with an annual budget for capital repairs and improvements (planned and unexpected) at each park. For example, fixing Delirium this year was likely an unexpected capital outlay (Im guessing that cost of parts made them capital per IRS regulations). Fixing siding on FOF building may also fit this category. - After this, I'd imagine that the major projects capital budget is an iterative process between the parks and corporate where projects, costs, return on investment, and link to park master plans are all factors in which projects move forward in a given year (you know there are more requests than money available). - How well the company is doing is also important in the equation as capital spend is a cash flow so as the year progresses, there may be tightening or easing of the purse strings. And if CF is like other companies, I'd bet there is a ton of back room politics and negotiations when it comes down to who gets the money - with each park feeling that they deserve more than they get 2 Quote Link to comment Share on other sites More sharing options...
westcoaster Posted August 16, 2012 Share Posted August 16, 2012 Id say 2014 for a coaster at knotts my guess, maybe ki and knotts in 2014. 2013 maybe a flat at KI. 1 Quote Link to comment Share on other sites More sharing options...
Rustbucket Posted August 16, 2012 Share Posted August 16, 2012 Just guesstimates here but I'd imagine Cedar Fair capital expenditures will be between $80-$90 million. Cedar Point $30m for Gatekeeper (which likely includes cost of demo, and the rest of the story) Great America $15m for "Au13" I know that's high for a woody but it's California and due to earthquakes regulations it'll likely cost more than usual That would leave $30-$45m for the rest of the chain. Again completely guessing here but I'd imagine the rest will work out something like this. Kings Dominion $10m for kids area refurbishment/expansion Worlds of Fun $5m for a WindSeeker Carowinds $5m for Dinos and or Luminosity style show This is where it gets tricky, roughly $10m-$25m left on the table. Which they could give Knotts a $25m coaster while shafting everyone else. Or split up the remaining $10m-$25m among everyone everyone else. Personally I feel it would be more likely for the $25m to be given to Knotts while everyone else gets the shaft or at most minimal (respectively) investments. Again just guessing here I'm no intern and have no relations with the dippin dots guy. One thing to consider is the cost of removing SoB for KI. This will be a BIG cost consideration. 1 Quote Link to comment Share on other sites More sharing options...
CoasterGeek101 Posted August 16, 2012 Share Posted August 16, 2012 Cedar Fair will spend more money this year than any other year. Quote Link to comment Share on other sites More sharing options...
The Interpreter Posted August 16, 2012 Share Posted August 16, 2012 Cedar Fair will spend more money this year than any other year. I highly doubt that. Take 2056, for instance. Or, better yet, 2006. They spent $1.24 billion on one transaction alone that year! 4 Quote Link to comment Share on other sites More sharing options...
Colonel_SoB_fan Posted August 16, 2012 Share Posted August 16, 2012 ^Terpy enlighten me about 2056 please? Quote Link to comment Share on other sites More sharing options...
The Interpreter Posted August 16, 2012 Share Posted August 16, 2012 I only wish I could! I'd love to see what Kings Island, Cedar Point, etc., will be like. Chances are I won't as I'd be more than a centenarian if I am even around by then. Most of the posters here will get to see! Quote Link to comment Share on other sites More sharing options...
Colonel_SoB_fan Posted August 16, 2012 Share Posted August 16, 2012 I'll be late in my 6th decade at that point. Hope to be able to still ride coasters at that age. Quote Link to comment Share on other sites More sharing options...
KIfan4life Posted August 17, 2012 Share Posted August 17, 2012 Jeez i'd be 68 in 2056.....hopefully still able to ride coasters lol. Quote Link to comment Share on other sites More sharing options...
Elkman Posted August 23, 2012 Share Posted August 23, 2012 I'm sure 70 will be the next 30 by then. Quote Link to comment Share on other sites More sharing options...
flightoffear1996 Posted August 23, 2012 Share Posted August 23, 2012 Sharing some thoughts on capital expenditures based upon my own experience outside the amusement park industry: - First a reminder that the Government (IRS, SEC, and other agencies) has rules that define how businesses must mange money: for example, what is a capital expenditure versus what is expense spending (capital creates a depreciating asset) and when spending must be reported - If, as I beleive to be the case, the FUN financial/tax year is Jan-Dec, a new coaster project like Gatekeeper will have major spending in both 2012 (design costs, Purchase of parts delivered this year, demo) and 2013 (installation, parts delivered next year). Therefore, you can't just assign the $30Million project cost to a fiscal year spend easily. The corporation must mange both yearly costs and project costs. - I'd also expect FUN to build their capital budgets up from zero each year, beginning with an annual budget for capital repairs and improvements (planned and unexpected) at each park. For example, fixing Delirium this year was likely an unexpected capital outlay (Im guessing that cost of parts made them capital per IRS regulations). Fixing siding on FOF building may also fit this category. - After this, I'd imagine that the major projects capital budget is an iterative process between the parks and corporate where projects, costs, return on investment, and link to park master plans are all factors in which projects move forward in a given year (you know there are more requests than money available). - How well the company is doing is also important in the equation as capital spend is a cash flow so as the year progresses, there may be tightening or easing of the purse strings. And if CF is like other companies, I'd bet there is a ton of back room politics and negotiations when it comes down to who gets the money - with each park feeling that they deserve more than they get FIxing Delirium seems like a yearly thing so it probaly was in the budget. AHAHAHAHHA! Quote Link to comment Share on other sites More sharing options...
Maverick00 Posted August 29, 2012 Share Posted August 29, 2012 I saw a post on CWMania that Cedar Fair has a new cycle around the 4 major parks. 1. Canada's Wonderland 2. Cedar Point 3. Knott's Berry Farm 4. Kings Island I'm not sure how much truth is to that but it could make sense. Quote Link to comment Share on other sites More sharing options...
TheCrypt Posted August 29, 2012 Share Posted August 29, 2012 ^Unless it's kunpc1, I would take that with a grain of salt. 1 Quote Link to comment Share on other sites More sharing options...
TTD-120-420 Posted August 29, 2012 Share Posted August 29, 2012 He seems to be the only one with any knowledge on that site. 3 Quote Link to comment Share on other sites More sharing options...
Browntggrr Posted September 4, 2012 Share Posted September 4, 2012 Knott's has decided to dismantle the ride and redevelop the location. A Knott's official declined to describe the nature of the redevelopment, only saying plans will be revealed shortly. The park announced the closure of the Plunge in August, inviting guests for one last freefall on Labor Day. http://www.ocregister.com/news/ride-370291-plunge-knott.html Quote Link to comment Share on other sites More sharing options...
SonofBaconator Posted September 21, 2012 Share Posted September 21, 2012 Hopefully this one doesn't break down Quote Link to comment Share on other sites More sharing options...
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