New Nashville Theme Park - Festival Tennessee

#51
#51
awebb7 said:
Will never happen. Neither Spring Hill or Maury County will ever see a development of this size and type.
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I wouldn't go that far. Middle Tennessee could handle an amusement park, with reasonable expectations about regional impact, costs and construction schedules and infrastructure upgrades.

I'm attacking these bold an ambitious claims, however. The theme park can work. But it won't add 10k jobs and will not be enough to attracted enough visitors to support those hotels they are wanting to build. And $750 million seems like a very optimistic/unrealistic number for the entire project. Opening a theme park on Thanksgiving weekend is ridiculous... why not Memorial Day? And 2012 is a very ambitious schedule.
 
#52
#52
Aside from this Festival Tennessee stuff because it will never happen. I could see something like a Holiday World working well in this area.
 
#53
#53
awebb7 said:
OpryMills IS coming back, and you can expect to see the beginning phases of construction within the next 6 months, likely before that.
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You wanna bet. I'm actually inside on that little deal and let me tell you they're not getting the money. It was barely making a profit when it was open. I know this because they have to give annual revenue reports to us to let us know how to insure properly. Unless the courts cite with them they will not be getting the money needed and it will not re-open. They are going to lose in court too. Zurich nor AON doesn't lose many of these kinds of battles. Simons Malls instead has decided to begin focusing on other properties in the area.
 
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#54
#54
NEOCON said:
You wanna bet. I'm actually inside on that little deal and let me tell you they're not getting the money. It was barely making a profit when it was open. I know this because they have to give annual revenue reports to us to let us know how to insure properly. Unless the courts cite with them they will not be getting the money needed and it will not re-open. They are going to lose in court too. Zurich nor AON doesn't lose many of these kinds of battles. Simons Malls instead has decided to begin focusing on other properties in the area.
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Sure, I'll take the bet. Whiting-Turner out of Maryland will act as the GC and begin within the next 6 months.
 
#55
#55
615 Vol said:
Aside from this Festival Tennessee stuff because it will never happen. I could see something like a Holiday World working well in this area.
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This is much more reasonable.

The con-man from Vegas, however, is just going to make the Mayor of Spring Hill look like a dope.
 
#57
#57
tumblr_lftljz3ZMY1qzi6sbo1_500.jpg
 
#61
#61
NEOCON said:
You wanna bet. I'm actually inside on that little deal and let me tell you they're not getting the money. It was barely making a profit when it was open. I know this because they have to give annual revenue reports to us to let us know how to insure properly. Unless the courts cite with them they will not be getting the money needed and it will not re-open. They are going to lose in court too. Zurich nor AON doesn't lose many of these kinds of battles. Simons Malls instead has decided to begin focusing on other properties in the area.
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Opry Mills to reopen

Tennessee's Opry Mills to Reopen; Suit Against Flood Insurers Goes On
 
#64
#64
awebb7 said:
OpryMills IS coming back, and you can expect to see the beginning phases of construction within the next 6 months, likely before that.
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rebelvol said:
Doubtful
Posted via VolNation Mobile
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NEOCON said:
You wanna bet. I'm actually inside on that little deal and let me tell you they're not getting the money. It was barely making a profit when it was open. I know this because they have to give annual revenue reports to us to let us know how to insure properly. Unless the courts cite with them they will not be getting the money needed and it will not re-open. They are going to lose in court too. Zurich nor AON doesn't lose many of these kinds of battles. Simons Malls instead has decided to begin focusing on other properties in the area.
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awebb7 said:
Sure, I'll take the bet. Whiting-Turner out of Maryland will act as the GC and begin within the next 6 months.
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Satisfaction.
 
#68
#68
Six Flags was supposed to come here to Manchester a couple of years ago where Bonnaroo is located now. They offered the guy 7.5 mill for his land and Bonnaroo countered with 10.
 
#70
#70
awebb7 said:
You said it wasn't going to re-open, and that they wouldn't rebuild, which they are. So, you're still wrong.
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I based my opinion on the fact that the money was not there and there was in workings of another developement there. They still wont get there money.
 
#72
#72
■Approximate revenue of 2011 festival: $28 to $29 Million*

* Figures regarding attendance and revenue told to me by a Bonnaroo attendee who, apparently, helped consult with logistical concerns. These facts have not been independently confirmed.
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We believe the festival is able to raise debt instead of selling equity for cash because financially it is thriving. For example, in 2009 it generated about $12 Million in profit on $30 Million in revenue, according to Businessweek. We expect it likely grew revenue since then. In addition, according to a study from Middle Tennessee State University’s Business and Economic Research Center the festival pumps about $14 Million in revenue into the county each year.
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Bonnaroo organizers Superfly Productions and A.C. Entertainment didn't report 2009 festival figures to Billboard Boxscore this year, but Billboard estimates 80,000 people attended, and between $17-$18 million in gross revenue, making it the top-grossing festival in North America as it has been since its inception.
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.
 
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