April 23, 2020 – In just over two months since the shock announcement of it’s closure, a Chicago businessman has bought Indiana Beach for an undisclosed amount. Gene Staples, who runs a small Chicago investment fund, purchased the park including all rides intellectual property, and hopes to open the park in early Summer if the Covid-19 restrictions allow. If the park does not open this summer, Staples plans to open for the 2021 season.
In late March 2020, the local council officials announced a $3,000,000 incentive to encourage a buyer. Staples will use this money to invest in the parks infrastructure, as well as partially retracking and repainting the Hoosier Hurricane roller coaster.
“There were times that Indiana Beach had lost its luster,” Staples said. “We want to bring that luster back and make it one of the premier vintage amusement parks in America.”
Ahead of it’s opening, the park will increase adverting both regionally and online to help restore the park to it’s glory days. There’s more to Indiana than corn after all…!