The former Six Flags amusement park in New Orleans is set to become an indoor-outdoor youth sports complex and water park resort (!).
Developers said they are about to close on $300M in financing for the site, which has been dormant since Hurricane Katrina. The project plan also calls for hotels, dining and retail. Developers are seeking $60M in public funding.
Eastern Sports Management will operate the sports complex; it will also subcontract with Hank Aaron Sports Academy to attract college baseball tournaments and training.
ESM is projecting 2M annual visitors to the complex. The firm operates 11 other venues across seven states.
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