GAcoaster Posted March 23, 2017 Report Share Posted March 23, 2017 http://amusementtoday.com/2017/03/apex-announces-new-ceo/ Once again, following in Al Weber's footsteps. Apex Parks Group Quote Link to comment Share on other sites More sharing options...
Yoshi Posted March 23, 2017 Report Share Posted March 23, 2017 Good luck to him, it looks like it will be a little different than Six Flags with more family entertainment centers and a few smaller parks. Quote Link to comment Share on other sites More sharing options...
Viper26 Posted March 24, 2017 Report Share Posted March 24, 2017 I'm surprised they own Sahara Sam's Oasis. I've visited that place several times before because I live near from the place. It looks like they also own Indiana Beach and Martin's Fantasy Island. Quote Link to comment Share on other sites More sharing options...
FlumeOp1974 Posted March 24, 2017 Report Share Posted March 24, 2017 I wish hm the best! A amazing man. Truly one of the best theme park amusment resort presidents Ive see. Quote Link to comment Share on other sites More sharing options...
Medusa42 Posted February 18, 2020 Report Share Posted February 18, 2020 Apex Parks Group is closing Indiana Beach and Fantasy Island after being unable to find a buyer for the parks. https://www.coaster101.com/2020/02/18/indiana-beach-boardwalk-resort-to-close-permanently/ https://www.wlfi.com/content/news/Indiana-Beach-closes-gates-567980101.html Quote Link to comment Share on other sites More sharing options...
Matt Kaiser Posted February 21, 2020 Report Share Posted February 21, 2020 They also closed one of their Boomers locations and one of their Speedzone locations, both in Texas. Quote Link to comment Share on other sites More sharing options...
Medusa42 Posted March 18, 2020 Report Share Posted March 18, 2020 http://www.newsbug.info/monticello_herald_journal/news/local/white-county-offers-million-incentive-package-for-potential-indiana-beach/article_b984376c-a746-5482-b10c-c8eb6ba7d7a7.html Quote White County offers $3 million incentive package for potential Indiana Beach buyer BY MICHAEL JOHNSON editor@thehj.com MONTICELLO — The White County Commissioners passed a resolution Tuesday night to offer up to $3 million in incentives for any potential buyer of Indiana Beach. The incentives would come from the county’s Wind Farm Economic Development Fund — minus any funds that would be contributed by the Indiana Economic Development Corporation. “We’ve been in discussions with (IEDC) and there is an interest in providing incentives at the state level,” Richard Hall, a partner of Indianapolis-based Barnes & Thornburg law firm, said. “We’re still working through that process, but the thought is that whatever incentives they provide for the project would reduce the $3 million that the county will provide.” The wind fund was established several years ago into which payments from wind companies are deposited for essentially rendering a large swath of the county its wind farms inhabit — from Brookston and Chalmers to Wolcott and Reynolds — useless for any other kind of economic development and job creation. Money from the fund, Hall said, can only be used for economic development and “enhance the quality of life in the county.” “The use of these funds provide the incentive and are consistent with the strategy that has been developed over the last decade,” Hall said. The incentives, Hall said, require a potential buyer to continue operations at the amusement and water park resort. The resolution passed Tuesday would give assurances to the White County Commission that a new buyer has closed on the purchase of Indiana Beach and that it will continue operations. As a condition of providing the $3 million incentive, the county can establish requirements from a purchaser, such as the length of continued operation and number of jobs it must maintain. Once any deal is finalized, the resolution allows the county to publicly release terms of the deal. “None of those agreements will be secret,” Hall said. There was no announcement of a potential buyer of Indiana Beach, but Hall said there have been “parties” that have approached Apex Parks Group, owners of Indiana Beach, and “expressed interest” in purchasing it. Apex abruptly announced Feb. 18 that it was closing the 94-year-old facility due to financial reasons. Ever since, officials from White County and the city of Monticello have been working toward helping Apex find a potential buyer for Indiana Beach. Commissioners maintain they are not involved in negotiations between private entities and, therefore, have no knowledge of what may be happening. Quote Link to comment Share on other sites More sharing options...
Medusa42 Posted April 9, 2020 Report Share Posted April 9, 2020 (edited) Apex Parks Group filed for Chapter 11 Bankruptcy. https://finance.yahoo.com/news/apex-parks-group-announces-financial-044800755.html Edited April 9, 2020 by Medusa42 Quote Link to comment Share on other sites More sharing options...
Yoshi Posted April 18, 2020 Report Share Posted April 18, 2020 https://mobile.twitter.com/indianabeach/status/1250801072882532352?s=21 Quote Link to comment Share on other sites More sharing options...
Medusa42 Posted April 18, 2020 Report Share Posted April 18, 2020 1 hour ago, Yoshi said: https://mobile.twitter.com/indianabeach/status/1250801072882532352?s=21 Yes, it appears the park was sold. https://www.facebook.com/IndianaBeach/photos/a.337714677198/10157951641677199/?type=3&theater&ifg=1 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.