The owner of Rapids Water Park in Riviera Beach canceled plans to build another water park on land owned by the city of Fort Lauderdale.
Premier Parks LLC successfully sued the city to prevent competitor Schlitterbahn from building a water park on 65 acres near the Fort Lauderdale Executive Airport.
But Kieran Burke, the CEO of Premier Parks, called Fort Lauderdale officials on Aug. 30 to cancel the company’s plan to build a water park on the city-owned land.
Premier Parks would have been required to renovate Lockhart Stadium in order to build a water park on the adjacent 65-acre, city-owned site
But Fort Lauderdale’s city manager, Lee Feldman, told the Sun-Sentinel that Premier couldn’t afford to renovate the stadium as required.
Premier apparently will forfeit an $82,500 deposit that the city collected as part of the planned water park project. [Sun-Sentinel] – Mike Seemuth