Amusement parks

Holiday World plans $22 million winged roller coaster

July 25, 2014
Associated Press
The Holiday World amusement park in southern Indiana is building a new $22 million roller coaster that it says will launch riders to 60 miles an hour in 3.5 seconds, with a 14-story loop and four inversions.
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Changes in store as Indiana Beach plans 88th season

April 22, 2014
Associated Press
The Indiana amusement park is retiring its 42-year-old roller coaster, but is adding seven new attractions.
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Longtime Indiana Beach owner dies at 100

November 13, 2013
Associated Press
Thomas Spackman, the son of the park's founder, added numerous rides at the tourist attraction, which became known for its commercial jingle, "There's more than corn in Indiana."
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Court sides with widow in lawsuit over Holiday World shares

October 3, 2013
Associated Press
The state appeals court says the widow of a southern Indiana theme park president isn't required to sell shares in the facility to her late husband's brother.
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Holiday World family takes dispute to Indiana appeals court

August 7, 2013
Marilyn Odendahl, Indiana Lawyer Staff
An agreement meant to keep a popular amusement park in the family has sparked a bitter dispute that has reached the Indiana Court of Appeals.
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Holiday World plans to display fun, not family problems

April 12, 2013
Associated Press
A family legal battle and untimely deaths have drawn attention to Holiday World's owners in recent years. But it's business as usual for those who run the Indiana theme park.
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Kentucky fair board, group reach amusement park deal

January 24, 2013
Associated Press
A group of private investors and the Kentucky State Fair board on Thursday reached a 50-year lease agreement for the shuttered Kentucky Kingdom amusement park with the new operators saying the facility should reopen in 2014.
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Widow of Holiday World's president gains park control

January 11, 2013
Associated Press
A judge has placed control of a southern Indiana theme park in the hands of the widow of the park's late president.
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Former Kentucky amusement park in bad shape

May 30, 2012
Associated Press
The new partners who are working toward reopening the former Kentucky Kingdom amusement park say the facility is in bad condition and may not reopen until 2014.
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Interest expressed in reopening amusement park

January 17, 2012
 IBJ Staff and Associated Press
The owners of an Indiana amusement park are expressing interest in operating Kentucky Kingdom, which closed more than two years ago.
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Matriarch's work ethic inspires Holiday World staffRestricted Content

July 9, 2011
Ann Finch
Pat Koch, whose official title at her family-owned Holiday World theme park is director of values, sets a high bar for hard work and dedication.
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Brother of late CEO takes helm at Holiday World

June 22, 2010
 IBJ Staff
Dan Koch has been named president and CEO of Holiday World & Splashin' Safari amusement park in southern Indiana, taking over after the unexpected death of his brother Will earlier this month.
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Holiday World president Will Koch dies at 48

June 14, 2010
Associated Press
Koch, 48, led the amusement park for 20 years, during which time it added a water park and several world-class roller coasters.
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  1. PJ - Mall operators like Simon, and most developers/ land owners, establish individual legal entities for each property to avoid having a problem location sink the ship, or simply structure the note to exclude anything but the property acting as collateral. Usually both. The big banks that lend are big boys that know the risks and aren't mad at Simon for forking over the deed and walking away.

  2. Do any of the East side residence think that Macy, JC Penny's and the other national tenants would have letft the mall if they were making money?? I have read several post about how Simon neglected the property but it sounds like the Eastsiders stopped shopping at the mall even when it was full with all of the national retailers that you want to come back to the mall. I used to work at the Dick's at Washington Square and I know for a fact it's the worst performing Dick's in the Indianapolis market. You better start shopping there before it closes also.

  3. How can any company that has the cash and other assets be allowed to simply foreclose and not pay the debt? Simon, pay the debt and sell the property yourself. Don't just stiff the bank with the loan and require them to find a buyer.

  4. If you only knew....

  5. The proposal is structured in such a way that a private company (who has competitors in the marketplace) has struck a deal to get "financing" through utility ratepayers via IPL. Competitors to BlueIndy are at disadvantage now. The story isn't "how green can we be" but how creative "financing" through captive ratepayers benefits a company whose proposal should sink or float in the competitive marketplace without customer funding. If it was a great idea there would be financing available. IBJ needs to be doing a story on the utility ratemaking piece of this (which is pretty complicated) but instead it suggests that folks are whining about paying for being green.

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