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California's Great America land sold, park expected to close by 2033

The park's land has been sold for $310 million

[img=780x0]https://images.radio.com/aiu-media/Screen-Shot-20220627-at-30801-PM-4edd326d-dba1-4ce4-8a97-2f60b6cd86d8.png?width=800[/img]

California's Great America Photo credit California's Great America

  By Audacy Staff, AUDACY



Cedar Fair, a company that owns amusement parks such as Knott's Berry Farm & Cedar Point, has announced that the land for California's Great America has been sold.

Prologis, a Bay Area logistics real estate company purchased the land for $310 million. The company previously purchased the land of the shuttered Hilltop Mall in Richmond.

The park is expected to operate for the next 11 years and cease operations at the conclusion of the lease. Cedar Fair purchased the land back in 2019 from the city of Santa Clara and intends to use the money in the purchase to help reduce its debt.

California's Great America first opened in 1976 and appears that it will close in the early 2030s.

2030. We might all be dead by then...