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Six Flags signaled it might quickly completely shut considered one of its West Coast amusement parks, simply months after the corporate introduced its Maryland park shall be shuttering its gates this fall.
Six Flags California’s Nice America — a 112-acre theme park that opened practically 50 years in the past in Santa Clara, California – is predicted to shut in October 2027, after the Halloween season and previous to the top of its present lease, Individuals journal reported.
“Except we resolve to increase, and train considered one of our choices to increase that lease, that park’s final 12 months with out that extension could be after the ‘27 season,” Six Flags CFO Brian Witherow stated on the firm’s Six Flags Investor Day 2025 on Could 20.
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Curler coasters on the Six Flags Leisure Corp. California’s Nice America amusement park in Santa Clara, California. (PATRICK T. FALLON/AFP through Getty Photographs / Getty Photographs)
Witherow stated the California amusement park and Six Flags America in Maryland are the “two parks which might be very low on the rating of margins,” in accordance with Individuals.
“Presently, we’re nonetheless within the planning phases and are working with stakeholders and interesting the neighborhood,” a spokesperson for Six Flags informed Fox Enterprise in an electronic mail. “Till we all know extra, we stay centered on the good season that is already underway on the park and the occasions forward.”
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Six Flags CFO Brian Witherow stated the California amusement park and Six Flags America in Maryland are the “two parks which might be very low on the rating of margins.” (Picture Illustration by Pavlo Gonchar/SOPA Photographs/LightRocket through Getty Photographs / Getty Photographs)
Six Flags California’s Nice America first opened its gates as Marriott’s Nice Journey in 1976. The amusement park has had a number of house owners through the years, together with Cedar Honest Leisure Co., which went on to merge with Six Flags in 2024, in accordance with the web site for California’s Nice America.
Ticker | Safety | Final | Change | Change % |
---|---|---|---|---|
FUN | SIX FLAGS ENTERTAINMENT | 32.15 | +0.23 | +0.72% |
The California amusement park was initially constructed on public land, however Cedar Honest bought the 112 acres beneath the park in 2019 for round $150 million. In 2022, Cedar Honest bought that land to actual property firm Prologis for round $310 million with a lease settlement. That lease settlement is slated to finish in 2028, with an possibility to increase the time period for a further 5 years, as famous in a 2022 information launch from Cedar Honest.
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Six Flags America, which opened in Maryland in 1999, is closing down later this 12 months. (Six Flags Leisure Corp.)
A spokesperson for Prologis, in an electronic mail to the Los Angeles Occasions earlier this 12 months, stated the actual property firm is already working with design and planning consultants to “assist us create a grasp plan” for the Santa Clara property.
Prologis didn’t instantly reply to FOX Enterprise’ request for remark.
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The information of the West Coast park’s attainable closure follows shortly after the corporate’s Could announcement that Six Flags America and Hurricane Harbor in Bowie, Maryland, will function for the ultimate time on Nov. 2. Six Flags determined the park, which has the oldest curler coaster throughout all its properties, was not “a strategic match with the corporate’s long-term development plan.”
“After reviewing quite a few choices, we imagine that advertising and marketing the property for redevelopment will generate the best worth and return on funding,” Six Flags CEO Richard Zimmerman stated in an announcement on the time.