Artegon Site for New Theme Park?

[Galaxy Defender]

Speaking of driving up property value, Here is an article from the Orlando Business Journal about a proposed North I Drive development project. Looks like this one will happen.

http://www.bizjournals.com/orlando/...use-and-more-rumored-for-north-i.html?ana=twt

 

[bob albert]

Oh wow Starbucks and Longhorn Steakhouse....

 

[Galaxy Defender]

Oh wow Starbucks and Longhorn Steakhouse....

Caffeine and protein, a great combination.

 

[Scott W.]

Caffeine and protein, a great combination.

 

[Galaxy Defender]

Now we have another name for a stink pickle.

 

[SeventyOne]

Oh wow Starbucks and Longhorn Steakhouse....

That area is getting very schizophrenic between tourist and residential uses. As young professionals are priced out of downtown, they're moving west (forcing theme park employees even further west). As an example, I-Drive 360 was clearly built for the tourist market, but many of the bars (Yardhouse, Tin Roof) have become more locals hangouts. Sounds like this plaza will be more for the locals.

To be honest, I think a residential development (think a mini Celebration) is as likely for the Artegon space as anything theme park related. The southern I-Drive area, around Sea World, is quickly turning from 192 into 436.

 

[Teebin]

Kooky, I just yesterday figured out that met a friend at Festival Bay years ago... to go to UOR. Before that, I just saw it as some alien location on a google map. :saywhat:

 

[GadgetGuru]

Unless Cedar Fair is planning "Knott's Berry Farm Orlando," I'm thinking this is a bluff to drive the price up. If you buy up this much land, you're looking to build a resort with a major park, 2+ hotels and probably a CityWalk component. That's a couple billion dollars, even at a Six Flags budget.

If you redefine "theme-park" a bit, there's a potential for Vegas resort developers to buy the land up. I know they're in the gambling business (never gonna happen in Orlando), but gambling isn't as much of the Vegas business-model as it used to be. A Vegas-style resort with a large waterpark or other family anchor instead of a casino could definitely happen in Orlando.

 

[fryoj]

213 acres will be tight if they plan hotels a water park and a theme park. Cedar Point is over 300 as is Kings Island. Most decent parks are in the 200 acre range without water parks and Hotels.

 

[Galaxy Defender]

213 acres will be tight if they plan hotels a water park and a theme park. Cedar Point is over 300 as is Kings Island. Most decent parks are in the 200 acre range without water parks and Hotels.

Good point. Maybe the water park will just be a small one that is part of the theme park. Could also have a parking deck.

 

[s8film40]

213 acres will be tight if they plan hotels a water park and a theme park. Cedar Point is over 300 as is Kings Island. Most decent parks are in the 200 acre range without water parks and Hotels.

Legoland FL is 150 acres with a theme park, water park and hotel.

 

[IAmFloridaBorn]

Whoever it is would be smart to build a Water park in that location..But it should be top notch.

 

[Tyc00n96]

Two questions
In a hypothetical situation, what would Uni build if it had the land?
And two, does comcast seem intrested in the property?

 

[Viator]

213 acres will be tight if they plan hotels a water park and a theme park. Cedar Point is over 300 as is Kings Island. Most decent parks are in the 200 acre range without water parks and Hotels.

Knotts with it's Soak City, Theme Park, Parking, backstage and hotel all round at about 150 acres, which would actually be fine if they went for that type of park.

If CF went and built a ground up on the Artegton site it would actually still have enough space for the theme park water park. If this park is being handled from SF or CF; I would expect seeing something in similarities with how Six Flags Dubai is, where that is being contractual.

 

[quinnmac000]

Two questions
In a hypothetical situation, what would Uni build if it had the land?
And two, does comcast seem intrested in the property?

Three hotels connected by an indoor bazaar/theme park/and water park to counteract all the outdoor venues they have and during storm season they have activities and locations for guests to go and hang out while still making money.

 

[Galaxy Defender]

Two questions
In a hypothetical situation, what would Uni build if it had the land?
And two, does comcast seem intrested in the property?

Another gate would be too far down the road so I would say more resorts. Comcast said UO could support 15,000 rooms. Even with current construction they are less than halfway there.

Don't know if Comcast is interested, but I think they should be.

 

[SeventyOne]

Whoever it is would be smart to build a Water park in that location..But it should be top notch.

I can't agree with that. Attendance-wise, Orlando already has the top two, possibly three, water parks in the country. When Volcano Bay opens next year, it's sure to join that list. Two of those--Aquatica and VB--are basically on the same street as this property (can see VB easily from I-Drive even if you access from Turkey Lake). On top of that, Margaritaville will also have a water park component open to the public.

At a certain point, you hit market saturation. Water parks is one of those things the big boys do well, better than anybody else, at a fairly reasonable price. To compete, you need to go in a different direction--thrill rides is certainly one route, an indoor park might be another. But a sixth water park will instantly turn Wet n Wild.

 

[SeventyOne]

Another gate would be too far down the road

A boutique park, like Discovery Cove, could work that removed from the main parks. Of course, no one has come up with a viable boutique park concept since Discovery Cove...

 

[Teebin]

Are there any on and off ramps on either side of the TPK at this site?

 

[s8film40]

I can't agree with that. Attendance-wise, Orlando already has the top two, possibly three, water parks in the country. When Volcano Bay opens next year, it's sure to join that list. Two of those--Aquatica and VB--are basically on the same street as this property (can see VB easily from I-Drive even if you access from Turkey Lake). On top of that, Margaritaville will also have a water park component open to the public.

At a certain point, you hit market saturation. Water parks is one of those things the big boys do well, better than anybody else, at a fairly reasonable price. To compete, you need to go in a different direction--thrill rides is certainly one route, an indoor park might be another. But a sixth water park will instantly turn Wet n Wild.

I agree with this, but it's worth noting those water parks often hit capacity. I don't think a new water park necessarily has to worry about stealing away market share to be successful. There is high demand for water parks, the only down side is there is a lot more off season time.