Back in June, we heard that Six Flags was planning to sell or close several of its properties, including Houston's Splashtown. And sure enough, the company is selling Splashtown and six other parks in a $312 million deal. The parks' new owner, PARC 7F-Operations Corp. of Jacksonville, Fla., will immediately sell them to CNL Income Properties, then will lease them from CNL. Whatever.
The good news for all you Splashtown lovers is that the park will stay open and shouldn't change anytime soon. "There will be no visible changes this year," PARC Vice President Richard Jett said. Even the name will remain the same, which isn't bad at all — one less thing we'll have to remember.
The other parks sold in the deal were Darien Lake near Buffalo, N.Y.; Elitch Gardens in Denver; Frontier City and White Water Bay in Oklahoma City; Waterworld USA in Concord, Calif.; and Enchanted Village and Wild Waves in Seattle. The sale is part of Six Flags' plan to cut $2.2 billion in debt.
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