originally posted on 7/13/2020 6:18:06 PM
A company formed for the purpose of acquiring and reopening the shuttered Fantasy Island in Grand Island, New York, formally introduced itself Thursday. Empire Adventures, led by a longtime familiar face within the Grand Island attraction, hopes to restart Fantasy Island next spring, coinciding with the 60th anniversary of the original park's debut.
Empire Adventures is now actively negotiating with banks to secure financing for the project. The price to buy the land and its remaining assets is estimated at a minimum $5 million.
Fantasy Island's previous owners, Apex Parks Group, closed Fantasy Island in February and sold off some of its rides. Some remain, and one of Empire Adventures’ partners has rides available. Marenna Amusements in Connecticut has offered to sell 14 classic rides, including a vintage carousel.
#ACENewsNow