PhantomTheater Posted May 19, 2014 Posted May 19, 2014 http://www.wkyc.com/longform/news/local/geauga-county/2014/05/19/geauga-lake-from-icon-to-eyesore/9279255/ Also tonight WKYC TV-3 Cleveland will be airing a story on Geauga Lake durring the 6pm newscast. 4 Quote
Dom497 Posted May 19, 2014 Posted May 19, 2014 If you are interested in purchasing the Big Dipper, contact Jeff at 330-635-3726 or message the "North Ohio Classic Parks" Facebook page. This is the best part of the article. Quote
Thrill_Biscuit Posted May 19, 2014 Posted May 19, 2014 Man, it doesn't take very long, does it? Wow! Quote
thedevariouseffect Posted May 19, 2014 Posted May 19, 2014 Still never understood how CF sold the ride but it stays on their land. Why would anyone sell anything and not make them do something with it. Still confusing. But nowadays looking at it, to be able to pay just 5k for a coaster like that. Man..I could pull a small personal loan right there and it would have been mine and I would have worked to save it, but nope. Just..wow Quote
Dom497 Posted May 19, 2014 Posted May 19, 2014 Still never understood how CF sold the ride but it stays on their land. Why would anyone sell anything and not make them do something with it. Still confusing. Who care's if it stays on the land, it's not like CF is doing anything with the land anyways...Cedar Fair got there money and I'm sure that's all they care about. Quote
malem Posted May 19, 2014 Posted May 19, 2014 If you are interested in purchasing the Big Dipper, contact Jeff at 330-635-3726 or message the "North Ohio Classic Parks" Facebook page. This is the best part of the article. I still wonder what the "owner" of GL's Big Dipper actually owns in 2014. I can't imagine that it includes a real estate interest in improvements still standing on the site. Quote
shark6495 Posted May 19, 2014 Posted May 19, 2014 So with a ride like the BD what are you actually buying ? There must not be much worth reusing is there? Sent from my iPhone using Tapatalk Quote
PyroKinesis Posted May 19, 2014 Posted May 19, 2014 Sad. Was the first amusement park I visited. 5th grade field trip. Big Dipper was my first coaster. 3 Quote
The Interpreter Posted May 20, 2014 Posted May 20, 2014 Still never understood how CF sold the ride but it stays on their land. Why would anyone sell anything and not make them do something with it. Still confusing. But nowadays looking at it, to be able to pay just 5k for a coaster like that. Man..I could pull a small personal loan right there and it would have been mine and I would have worked to save it, but nope. Just..wow The article cites a price 13 times the 5k you cite. And I'd advise "Caveat Emptor" for numerous reasons. As Gabe here can attest (and a couple of others), dealing with the "owner's" agent is not exactly pleasurable. And I seriously question whether at this point he has any interest to sell. 3 Quote
thedevariouseffect Posted May 20, 2014 Posted May 20, 2014 Oh yeah..bought for 5k selling for 65k.. Article online here for y'all to see. Quote
malem Posted May 20, 2014 Posted May 20, 2014 ^ But what would a buyer get for the $65k? Sketches? Parts? The name? Rights to access/move/demolish something on Cedar Fair's land in 2014? Does the "owner" pay "storage" fees for keeping his coaster on someone else's property? 1 Quote
Gabe Posted May 20, 2014 Posted May 20, 2014 Still never understood how CF sold the ride but it stays on their land. Why would anyone sell anything and not make them do something with it. Still confusing. But nowadays looking at it, to be able to pay just 5k for a coaster like that. Man..I could pull a small personal loan right there and it would have been mine and I would have worked to save it, but nope. Just..wow The article cites a price 13 times the 5k you cite. And I'd advise "Caveat Emptor" for numerous reasons. As Gabe here can attest (and a couple of others), dealing with the "owner's" agent is not exactly pleasurable. And I seriously question whether at this point he has any interest to sell. As Terpy said, I advised a KIC member and her overseas partner for more than a year as they attempted to negotiate the purchase of the ride. It was a learning experience for all involved and I'd def recommend nobody on here trying to secure this coaster on their own. It's going to take a herculean effort to pry this from the owner's hands and I'm not convinced 65k is going to get the job done. I can only foresee a company with institutional knowledge on how to operate amusement parks buying this ride. You have to seperate your heart from your brain on you'll soon be seperated from your money with nothing to show for it. 2 Quote
DegenRider Posted May 20, 2014 Posted May 20, 2014 For BD at this point wouldn't it be better to just build a new ride? The wood has to have started to rot. Quote
Gabe Posted May 22, 2014 Posted May 22, 2014 If I were a potential buyer, the first thing I'd do is have a structural engineering analysis done to determine the state of the ride. Judging from the pictures, the current 'owner' looks to be sitting on a $5k pile of kindling. 3 Quote
Creed Bratton Posted September 18, 2014 Posted September 18, 2014 Thought this was the most appropriate place to put this. Not much news other than: Administrators from Aurora and Bainbridge Township -- the two communities on which the property sits -- as well as Cedar Fair representatives, say they're working toward turning the burdensome white elephant around. Bainbridge Trustee Jeff Markley said he prefers that the property not be sold piecemeal. However, it is currently being marketed in just that manner. Because no sales materialized while offered as a single parcel in 2008, it was removed from the market for three years. Recently it's been made available again with the option of acquiring sections as small as 3.5 acres. According to West, quite a bit of interest has been shown since the property is again being actively marketed, including written offers currently under negotiations. "The way we're guiding this is making zoning and planning conducive to that development. I think our real combined belief ... is that we don't want to see it schlopped off and sold in a lot of small pieces. We're not interested in applications of small parcels. "I understand what Cedar Fair is trying to accomplish," he added. "They're trying to part ways with the property. I think it's really incumbent with Cedar Fair to take part in the planning to see the big vision." The real estate agent noted that a time limit of about a year has been set to sell the property as it is currently being marketed. "After a year we will sell the property at a much more aggressive strategy," he said, which could mean dramatically reduced prices or selling to a conservation group to remove the asset from Cedar Fair. http://www.news-herald.com/general-news/20130515/neighbors-still-wonder-what-will-become-of-former-geauga-lake-amusement-park-property-with-video Quote
The Interpreter Posted September 18, 2014 Posted September 18, 2014 News? That's from May. It was posted here then, and discussed in some detail, perhaps in another thread. Quote
Creed Bratton Posted September 18, 2014 Posted September 18, 2014 My bad, it just came across my Facebook page and I hadn't seen it. If it were on this site, I may have missed it, when I stepped away for a while. Quote
jcgoble3 Posted September 18, 2014 Posted September 18, 2014 News? That's from May. It was posted here then, and discussed in some detail, perhaps in another thread. May of 2013, actually. That means the one-year time limit mentioned in the story has expired. So where is this "much more aggressive strategy"? Quote
The Interpreter Posted September 18, 2014 Posted September 18, 2014 Right. I wondered who would notice that. Perhaps that was an announcement of an announcement of an announcement. We could call him AofAofA Tony. Apparently, there's nothing quite like Facebook "news" feeds. I miss so much not letting that company invade my computer, privacy and life. 5 Quote
Creed Bratton Posted September 18, 2014 Posted September 18, 2014 That makes me think, if this aggressive strategy that apparently is supposed to be happening, includes the removal of one water park near the lake of Geauga. Quote
Son of King Demon Bat Posted September 18, 2014 Posted September 18, 2014 I wish Matt and Co. would take a fresh new look at the property.The park closing was a Kinzel decision. I could see a modest sized family park along side or on the former Sea World side. Quote
shark6495 Posted September 18, 2014 Posted September 18, 2014 It would almost certainly cost too much money for CF to pursue that sort of renovation to the park. It doesnt appear to fit into where they are heading as a company. 2 Quote
BoddaH1994 Posted September 18, 2014 Posted September 18, 2014 Even the word "renovation" is being used loosely. There's little left there. They'd be starting from scratch. 5 Quote
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