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NEW ORLEANS (AP) - A startup company has applied for $100 million in bonds to revive the shuttered Six Flags New Orleans
theme park.
Southern Star Amusement, which has been pushing the idea of redeveloping the park, filed the application with the New Orleans Industrial Development Board for Gulf Opportunity Zone bonds.
Officials say that agency’s governing board will consider the
request on July 21.
At the same time, a unit of media giant Viacom, says it has had
talks with the company and the city, but had not reached a deal. A
spokeswoman will only say “there are many viable locations for
future Nickelodeon theme parks, one of which could be New
Orleans.”
Six Flags New Orleans has been closed since Hurricane Katrina
struck in 2005.
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