Thursday, March 16, 2017

Tomorrow he will talk about the monorail

Today's presentations at IDB from the perpetual Six Flags bidders didn't go well.
Three offers to buy the decaying Six Flags park in New Orleans East failed to win favor from a review committee of the Industrial Development Board on Thursday (March 16), leaving the future of the 227-acre property murky again.

A three-member committee of the Industrial Development Board, which owns the shuttered park, decided not to recommend any of the three buyout offers, pointing to concerns about accepting a deal without knowing whether the buyer has the financial backing to quickly clean up and redevelop the park.

"We're anxious to see something happen with Six Flags, but we're not anxious to see it wind up for an unknown period with blight," said board president Alan Philipson.
I'm sorry, I've lost track. This is like the third or fourth go-round for the IDB in this process. It might help matters along if the same people didn't keep showing up to bid time after time.  But no such luck.  Here is Frank Scurlock's latest pitch. It has a little bit of everything. 
During the meeting Thursday, Scurlock unveiled his team's new plans for the property, holding up a poster wrapped in brown paper. "In this sealed package is the future of that property," Scurlock said. He peeled away the wrapping paper to reveal an aerial map of the Six Flags park marked with areas for a water park, theme park, zip line area, a resort hotel and a Hurricane Katrina museum. Scurlock suggested he'll have more to present at the board meeting Friday.

The "Katrina museum" is a new one on me.  A few weeks ago he said there would be a monorail too. Maybe that's what will wow the board and turn this whole thing around. 

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