So….Who really owns your favorite amusement park?

What the general public might not know is that your favorite amusement park might not be owned by the operator currently managing the park. For example there are companies out there that will buy up the amusement park or attraction but then lease it to an operator. The operator then pays the owner (AKA the landlord) rent each year. The landlord also typically dishes out the money for big improvement projects but that all depends on the lease terms of the contract. So lets take a look at a few examples of some well know brands.

Six Flags Current properties

Amusement parks

Name Location Year Opened Year Acquired Notes
Great Escape Queensbury, New York 1954 1996 Acquired in Premier Parks deal.
La Ronde Montreal, Quebec, Canada 1967 2001 Acquired from the city of Montreal.
Six Flags America Largo, Maryland 1973 1999 Acquired in Premier Parks deal. Formerly known as Adventure World.
Six Flags Discovery Kingdom Vallejo, California 1968 1997 Acquired in Premier Parks deal. Initially re-branded as Six Flags Marine World, it received its current name in 2007.
Six Flags Fiesta Texas San Antonio, Texas 1992 1999 Originally owned by USAA and was managed by Gaylord Entertainment from 1992–1995. Six Flags took over park management in 1996 and the park was purchased mid season 1998.
Six Flags Great Adventure Jackson, New Jersey 1974 1977 Six Flags Wild Safari now attached to the park, making Great Adventure the world’s largest theme park.
Six Flags Great America Gurnee, Illinois 1976 1984 Acquired from Marriott Corporation.
Six Flags Magic Mountain Valencia, California 1971 1979 Acquired from Newhall Land and Farming Company.
Six Flags México Mexico City, Mexico 1982 1999 Acquired from Reino Aventura
Six Flags New England Agawam, Massachusetts 1870 1997 Acquired in Premier Parks deal.
Six Flags Over Georgia Austell, Georgia 1967 Built by Six Flags Like Six Flags Over Texas, the park is owned by a limited partnership and is managed and operated by Six Flags.
Six Flags Over Texas Arlington, Texas 1961 Built by Six Flags The first Six Flags park. The park is owned by a limited partnership and is managed and operated by Six Flags.
Six Flags St. Louis Eureka, Missouri 1971 Built by Six Flags Last park built by Six Flags. Originally opened as Six Flags Over Mid-America (name changed in 1996). The only original park totally owned by Six Flags.

Water parks

Included with admission
Name Location Year Opened Year Acquired Notes
Six Flags Hurricane Harbor Mitchellville, Maryland 1982 1992 Located within Six Flags America.
Six Flags Hurricane Harbor Gurnee, Illinois 2005 N/A Located within Six Flags Great America. Guests without a season pass are required to pay an additional fee to enter.
Six Flags Hurricane Harbor Agawam, Massachusetts 1997 1998 Located within Six Flags New England.
Six Flags Hurricane Harbor Austell, Georgia 2014 N/A Located within Six Flags Over Georgia.
Six Flags Hurricane Harbor Eureka, Missouri 1999 N/A Located within Six Flags St. Louis.
Splashwater Kingdom Queensbury, New York 1995 1996 Located within Great Escape.
White Water Bay San Antonio, Texas 1992 1998 Located within Six Flags Fiesta Texas.
Separate admission/property
Name Location Year Opened Year Acquired Notes
Six Flags Hurricane Harbor Valencia, California 1995 N/A Located adjacent to Six Flags Magic Mountain.
Six Flags Hurricane Harbor Arlington, Texas 1983 1995 Acquired from Wet ‘n Wild. Located across Interstate 30 from Six Flags Over Texas.
Six Flags Hurricane Harbor Jackson, New Jersey 2000 N/A Located adjacent to Six Flags Great Adventure.
Six Flags White Water Marietta, Georgia 1983 1999 Located about 15 miles from Six Flags Over Georgia.
Six Flags Hurricane Harbor Oaxtepec, Mexico 2017 2016 Reopening in the former Parque Acuatico Oaxtepec location
Waterworld California Concord, California 1995 1998/2017 This water park was built by Premier Parks prior to its purchase of Six Flags. It was sold to PARC Management in the 2007 property sell-off. On April 27, 2017, Six Flags announced it had entered into an agreement with EPR Properties to manage the park.

Premier Parks, LLC

Full Ownership
  • Clementon Amusement Park (2011–present)
  • Nashville Shores (2009–present)
  • Ocean Breeze Waterpark (2011–present)
  • Wet’n’Wild Toronto (2016-present)
Operated for EPR Properties (landlord)
  • Darien Lake (2015–present)
  • Frontier City (2011–present)
  • Magic Springs (2017-present)
  • Myrtle Waves Water Park (2017-present)
  • Rapids Water Park (2012–present)
  • Wet’n’Wild Hawaii (2014–present)
  • Wet’n’Wild Palm Springs (2014–present)
  • Wet’n’Wild Phoenix (2014–present)
  • Wet’n’Wild SplashTown (2011–present)
  • White Water Bay (2011–present)
  • Wild Waves Theme Park (2017-present)
Operated for Stanley Kroenke (landlord)
  • Elitch Gardens (2013–present)

Cedar Fair

Amusement parks

Name Location Year Opened Year Acquired Notes
California’s Great America Santa Clara, California 1976 2006 Acquired in Paramount Parks deal.
Canada’s Wonderland Vaughan, Ontario, Canada 1981 2006 Cedar Fair’s most visited seasonal park, acquired in Paramount Parks deal.
Carowinds Charlotte, North Carolina 1973 2006 Acquired in Paramount Parks deal. A portion of the park is in Fort Mill, South Carolina.
Cedar Point Sandusky, Ohio 1870 Founding Franchise Cedar Fair’s flagship park and the oldest park in the chain. Cedar Fair’s corporate headquarters are at this park.
Dorney Park & Wildwater Kingdom Allentown, Pennsylvania 1884 1992 First park acquired under the Cedar Fair name, acquired from Harris Weinstein.
Gilroy Gardens Gilroy, California 2001 2006 Currently in a management contract with Cedar Fair, acquired in Paramount Parks deal.
Kings Dominion Doswell, Virginia 1975 2006 Acquired in Paramount Parks deal.
Kings Island Mason, Ohio 1972 2006 Acquired in Paramount Parks deal.
Knott’s Berry Farm Buena Park, California 1940 1997 Cedar Fair’s only park open year-round. Most visited Cedar Fair park, acquired from Knott Family.
Michigan’s Adventure Muskegon, Michigan 1956 2001 Acquired from the Jourden family.
Valleyfair Shakopee, Minnesota 1976 1978 Acquired by Cedar Point. Valleyfair and Cedar Point then formed Cedar Fair in 1987.
Worlds of Fun Kansas City, Missouri 1973 1995 Acquired from Hunt-Midwest.

Water parks

Included with admission
Name Location Year Opened Year Acquired Notes
Boomerang Bay California’s Great America 2004 2006 Located within California’s Great America, acquired in Paramount Parks deal.
Carolina Harbor Carowinds 1989 2006 Located within Carowinds, acquired in Paramount Parks deal.
Oceans of Fun Worlds of Fun 1982 1995 Located adjacent to Worlds of Fun. In 2013, the water park became included with admission to Worlds of Fun.[37]
Soak City Kings Dominion 1992 2006 Located within Kings Dominion, acquired in Paramount Parks deal.
Soak City Kings Island 1989 2006 Located within Kings Island, acquired in Paramount Parks deal.
Soak City Valleyfair 1983 Built by Cedar Fair Located within Valleyfair.
Splash Works Canada’s Wonderland 1992 2006 Located within Canada’s Wonderland, acquired in Paramount Parks deal.
WildWater Adventure Michigan’s Adventure 1991 2001 Located within Michigan’s Adventure.
Wildwater Kingdom Dorney Park 1985 1992 Located within Dorney Park.
Separate admission/property
Name Location Year Opened Notes
Knott’s Soak City: Orange County Buena Park, California 1999 Located adjacent to Knott’s Berry Farm. Opened under the name, Soak City U.S.A.
Cedar Point Shores Sandusky, Ohio 1988 Located adjacent to Cedar Point.

 

Updated: April 29, 2017 — 3:56 pm
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