California's Great America is supposed to make an announcement for their new coaster on or near August 29th, but construction is already well underway. Why would a park that was up for sell not long ago be building a new coaster?
Earlier this year Cedar Fair signed an agreement that will allow for the San Fransisco 49er’s NFL team to build their new stadium in the park’s overflow lot, as well as park in the main lot on game days. In return the city of Santa Clara will give them a lease extension deal on the land under the park. The existing deal will see Cedar Fair pay the city $5.3 million a year through 2039, afterwards the park will only pay between $5.7 to $6.3 million annually through 2074. The park will also be able to keep it’s profits until it exceeds $64 million in revenue provided that the park makes at least $10 million in capital investments, so Cedar Fair now has the incentive to invest in a new attractions for the park.
I'm not the person to be able to guess as to what the new coaster could be, but here are photos I was able to take today that might give some of you an idea of what it could be. The ground shots are terrible due to the huge wall surrounding the area & I couldn't get any closer where there was no wall due to the sky coaster, but the overhead shots from the observation tower came out ok.
Earlier this year Cedar Fair signed an agreement that will allow for the San Fransisco 49er’s NFL team to build their new stadium in the park’s overflow lot, as well as park in the main lot on game days. In return the city of Santa Clara will give them a lease extension deal on the land under the park. The existing deal will see Cedar Fair pay the city $5.3 million a year through 2039, afterwards the park will only pay between $5.7 to $6.3 million annually through 2074. The park will also be able to keep it’s profits until it exceeds $64 million in revenue provided that the park makes at least $10 million in capital investments, so Cedar Fair now has the incentive to invest in a new attractions for the park.
I'm not the person to be able to guess as to what the new coaster could be, but here are photos I was able to take today that might give some of you an idea of what it could be. The ground shots are terrible due to the huge wall surrounding the area & I couldn't get any closer where there was no wall due to the sky coaster, but the overhead shots from the observation tower came out ok.
