PARC Management
Encyclopedia
PARC Management, LLC is an operations company based in Jacksonville, Florida
, U.S. which operates various parks, attractions, recreation and entertainment venues throughout North America
.
, Ogden Entertainment, and Alfa SmartParks. In 2007, PARC purchased a group of 7 theme and water parks from Six Flags Inc
for US$312 million. The underlying real property was immediately sold to a real-estate investment firm called CNL Income Properties
and then leased back for operation.
In 2008, PARC purchased Magic Springs and Crystal Falls
in Hot Springs, Arkansas
from its former owners. Shortly after, they purchased Myrtle Waves Water Park
and five NASCAR
SpeedParks.
In November of 2010, PARC expanded the Company’s development and operation of new concept theme and water parks and its operational management services provided to third-party owners, joint venture partners and government entities. In order to facilitate its expansion, PARC and CNL Lifestyle Properties Inc. entered into an agreement terminating its leases with CNL Lifestyle Properties and agreeing to sell to CNL Lifestyle Properties its interest in the leased parks.
Former 8 Family Entertainment Centers around the US:
Jacksonville, Florida
Jacksonville is the largest city in the U.S. state of Florida in terms of both population and land area, and the largest city by area in the contiguous United States. It is the county seat of Duval County, with which the city government consolidated in 1968...
, U.S. which operates various parks, attractions, recreation and entertainment venues throughout North America
North America
North America is a continent wholly within the Northern Hemisphere and almost wholly within the Western Hemisphere. It is also considered a northern subcontinent of the Americas...
.
History
PARC Management was formed in 2002, consisting of management team members previously involved with other major park chains, including the original Six Flags Theme ParksSix Flags
Six Flags Entertainment Corp. is the world's largest amusement park corporation based on quantity of properties and the fifth most popular in terms of attendance. The company maintains 14 properties located throughout North America, including theme parks, thrill parks, water parks and family...
, Ogden Entertainment, and Alfa SmartParks. In 2007, PARC purchased a group of 7 theme and water parks from Six Flags Inc
Six Flags
Six Flags Entertainment Corp. is the world's largest amusement park corporation based on quantity of properties and the fifth most popular in terms of attendance. The company maintains 14 properties located throughout North America, including theme parks, thrill parks, water parks and family...
for US$312 million. The underlying real property was immediately sold to a real-estate investment firm called CNL Income Properties
CNL Income Properties
CNL Lifestyle Properties is an unlisted Real Estate Investment Trust . The Trust is managed by CNL Financial Group. The company buys resort properties across the nation, but has no day-to-day management involvement in the properties it owns.-Properties:...
and then leased back for operation.
In 2008, PARC purchased Magic Springs and Crystal Falls
Magic Springs and Crystal Falls
Magic Springs and Crystal Falls is an amusement park and water park located in Hot Springs, Arkansas, about 50 miles from Little Rock. A single price admission includes all day use of the rides and attractions in both parks. The park is open weekends from April through October and daily late-May...
in Hot Springs, Arkansas
Hot Springs, Arkansas
Hot Springs is the 10th most populous city in the U.S. state of Arkansas, the county seat of Garland County, and the principal city of the Hot Springs Metropolitan Statistical Area encompassing all of Garland County...
from its former owners. Shortly after, they purchased Myrtle Waves Water Park
Myrtle Waves
Myrtle Waves is a water park attraction in Myrtle Beach, South Carolina. It is operated by PARC Management.-LayZee River:A trip around the park. Its with single or double inner tubes.-Bubble Bay:...
and five NASCAR
NASCAR
The National Association for Stock Car Auto Racing is a family-owned and -operated business venture that sanctions and governs multiple auto racing sports events. It was founded by Bill France Sr. in 1947–48. As of 2009, the CEO for the company is Brian France, grandson of the late Bill France Sr...
SpeedParks.
In November of 2010, PARC expanded the Company’s development and operation of new concept theme and water parks and its operational management services provided to third-party owners, joint venture partners and government entities. In order to facilitate its expansion, PARC and CNL Lifestyle Properties Inc. entered into an agreement terminating its leases with CNL Lifestyle Properties and agreeing to sell to CNL Lifestyle Properties its interest in the leased parks.
Current properties
| Park | Location | Year Opened | Year Acquired | Former Owner(s)/Operator | Notes |
|---|---|---|---|---|---|
| Myrtle Waves Water Park Myrtle Waves Myrtle Waves is a water park attraction in Myrtle Beach, South Carolina. It is operated by PARC Management.-LayZee River:A trip around the park. Its with single or double inner tubes.-Bubble Bay:... |
Myrtle Beach, South Carolina Myrtle Beach, South Carolina Myrtle Beach is a coastal city on the east coast of the United States in Horry County, South Carolina. It is situated on the center of a large and continuous stretch of beach known as the Grand Strand in northeastern South Carolina. It is considered to be a major tourist destination in the... |
2008 | Burroughs & Chapin (1997 - 2008) Burroughs & Chapin Burroughs & Chapin Company, Inc. is a real estate development company established in 1895 and is based in Myrtle Beach, South Carolina. Its main office is located at 2411 North Oak Street near the Myrtle Beach Convention Center. Burroughs & Chapin owns or has had a hand in developing some of the... |
||
| Pavilion Nostalgia Park & Carousel Park | Myrtle Beach, South Carolina Myrtle Beach, South Carolina Myrtle Beach is a coastal city on the east coast of the United States in Horry County, South Carolina. It is situated on the center of a large and continuous stretch of beach known as the Grand Strand in northeastern South Carolina. It is considered to be a major tourist destination in the... |
2008 | Burroughs & Chapin Burroughs & Chapin Burroughs & Chapin Company, Inc. is a real estate development company established in 1895 and is based in Myrtle Beach, South Carolina. Its main office is located at 2411 North Oak Street near the Myrtle Beach Convention Center. Burroughs & Chapin owns or has had a hand in developing some of the... |
Located at Broadway at the Beach Broadway at the Beach Broadway at the Beach is a shopping center located in Myrtle Beach, South Carolina. Since its inception in 1996, it has grown to be one of Myrtle Beach's premier shopping destinations. Broadway at the Beach is owned and operated by Burroughs & Chapin Company, Inc... |
|
| NASCAR NASCAR The National Association for Stock Car Auto Racing is a family-owned and -operated business venture that sanctions and governs multiple auto racing sports events. It was founded by Bill France Sr. in 1947–48. As of 2009, the CEO for the company is Brian France, grandson of the late Bill France Sr... SpeedPark |
Myrtle Beach, South Carolina Myrtle Beach, South Carolina Myrtle Beach is a coastal city on the east coast of the United States in Horry County, South Carolina. It is situated on the center of a large and continuous stretch of beach known as the Grand Strand in northeastern South Carolina. It is considered to be a major tourist destination in the... |
1999 | 2008 | Burroughs & Chapin Burroughs & Chapin Burroughs & Chapin Company, Inc. is a real estate development company established in 1895 and is based in Myrtle Beach, South Carolina. Its main office is located at 2411 North Oak Street near the Myrtle Beach Convention Center. Burroughs & Chapin owns or has had a hand in developing some of the... |
|
| NASCAR NASCAR The National Association for Stock Car Auto Racing is a family-owned and -operated business venture that sanctions and governs multiple auto racing sports events. It was founded by Bill France Sr. in 1947–48. As of 2009, the CEO for the company is Brian France, grandson of the late Bill France Sr... SpeedPark |
Sevierville, Tennessee Sevierville, Tennessee Sevierville is a city in Sevier County, Tennessee, located in the Southeastern United States. Its population was 11,757 at the 2000 United States Census; in 2004 the estimated population was 14,101. Sevierville is the county seat of Sevier County, Tennessee.... |
1999 | 2008 | Burroughs & Chapin Burroughs & Chapin Burroughs & Chapin Company, Inc. is a real estate development company established in 1895 and is based in Myrtle Beach, South Carolina. Its main office is located at 2411 North Oak Street near the Myrtle Beach Convention Center. Burroughs & Chapin owns or has had a hand in developing some of the... |
|
| NASCAR NASCAR The National Association for Stock Car Auto Racing is a family-owned and -operated business venture that sanctions and governs multiple auto racing sports events. It was founded by Bill France Sr. in 1947–48. As of 2009, the CEO for the company is Brian France, grandson of the late Bill France Sr... SpeedPark |
Concord, North Carolina Concord, North Carolina Concord is a city in the U.S. state of North Carolina. According to Census 2010, the city has a current population of 79,066. It is the largest city in Cabarrus County and is the county seat. In terms of population, the city of Concord is the second largest city in the Charlotte Metropolitan Area... |
2003 | 2008 | Burroughs & Chapin Burroughs & Chapin Burroughs & Chapin Company, Inc. is a real estate development company established in 1895 and is based in Myrtle Beach, South Carolina. Its main office is located at 2411 North Oak Street near the Myrtle Beach Convention Center. Burroughs & Chapin owns or has had a hand in developing some of the... |
Located at the Concord Mills Concord Mills Concord Mills is a nearly-1.4 million square foot shopping mall located in Concord, North Carolina. The mall is in Cabarrus County, just a few hundred feet from the Mecklenburg County border, and about from downtown Charlotte. One of two shopping malls in Concord, it was built & formerly... mall |
| NASCAR NASCAR The National Association for Stock Car Auto Racing is a family-owned and -operated business venture that sanctions and governs multiple auto racing sports events. It was founded by Bill France Sr. in 1947–48. As of 2009, the CEO for the company is Brian France, grandson of the late Bill France Sr... SpeedPark |
Hazelwood, Missouri Hazelwood, Missouri Hazelwood is a second-ring suburb of St. Louis, located in northwestern St. Louis County, Missouri. The population was 25,703 as of the 2010 census. Hazelwood, a northern suburb of St. Louis, is located north of Lambert-St... |
2003 | 2008 | Burroughs & Chapin Burroughs & Chapin Burroughs & Chapin Company, Inc. is a real estate development company established in 1895 and is based in Myrtle Beach, South Carolina. Its main office is located at 2411 North Oak Street near the Myrtle Beach Convention Center. Burroughs & Chapin owns or has had a hand in developing some of the... |
Located at the St. Louis Mills St. Louis Mills St. Louis Mills is a shopping center in Hazelwood, Missouri, just off Route 370. When it opened in November 2003, it had over 200 specialty shops and 8 anchor stores. Due to the current weaker economy, this number shrank to just over 180. It is a venture investment by developer and former owner,... mall |
| NASCAR NASCAR The National Association for Stock Car Auto Racing is a family-owned and -operated business venture that sanctions and governs multiple auto racing sports events. It was founded by Bill France Sr. in 1947–48. As of 2009, the CEO for the company is Brian France, grandson of the late Bill France Sr... SpeedPark |
Vaughan, Ontario Vaughan, Ontario Vaughan is a city in York Region north of Toronto, Ontario, Canada. Vaughan is the fastest growing municipality in Canada achieving a population growth rate of 80.2% between 1996–2006, according to Statistics Canada having nearly doubled in population since 1991. Vaughan is located in Southern... |
2005 | 2008 | Burroughs & Chapin Burroughs & Chapin Burroughs & Chapin Company, Inc. is a real estate development company established in 1895 and is based in Myrtle Beach, South Carolina. Its main office is located at 2411 North Oak Street near the Myrtle Beach Convention Center. Burroughs & Chapin owns or has had a hand in developing some of the... |
Located at the Vaughan Mills Vaughan Mills Vaughan Mills is a large shopping centre in Canada located at the southeast corner of Highway 400 and Rutherford Road, in Vaughan, Ontario about 32 km north of Downtown Toronto. The mall is located adjacent to Canada's Wonderland... mall |
Former parks
PARC Management former park businesses:| Park | Location | Year Opened | Year Acquired | Former Owner(s)/Operator | Notes |
|---|---|---|---|---|---|
| Darien Lake Splashtown at Darien Lake Splashtown at Darien Lake Splashtown is a water park coinciding with Darien Lake Resort located in Darien, New York. It encompasses areas formerly included in the main park, but was spun off as a separate admission in 2010, with the addition of new attractions and a repaint of the Barracuda Bay slides, 'Cuda Falls... |
Darien, New York Darien, New York Darien is a town in Genesee County, New York, United States. The population was 3,061 at the 2000 census.The Town of Darien lies in the southwest part of Genesee County, southwest of Batavia.- History :... |
1954 | 2007 | Funtime Parks (1983–1995) Premier Parks/Six Flags Six Flags Six Flags Entertainment Corp. is the world's largest amusement park corporation based on quantity of properties and the fifth most popular in terms of attendance. The company maintains 14 properties located throughout North America, including theme parks, thrill parks, water parks and family... (1995–2007) |
Purchased from Six Flags Inc. in 2007 Includes hotel, campgrounds, and Performing Arts Center. |
| Elitch Gardens | Denver, Colorado Denver, Colorado The City and County of Denver is the capital and the most populous city of the U.S. state of Colorado. Denver is a consolidated city-county, located in the South Platte River Valley on the western edge of the High Plains just east of the Front Range of the Rocky Mountains... |
1890 | 2007 | Premier Parks/Six Flags Six Flags Six Flags Entertainment Corp. is the world's largest amusement park corporation based on quantity of properties and the fifth most popular in terms of attendance. The company maintains 14 properties located throughout North America, including theme parks, thrill parks, water parks and family... (1996–2007) |
Purchased from Six Flags Inc. in 2007 |
| Frontier City Frontier City Frontier City is a western-themed amusement park in Oklahoma City's Adventure District. It is currently owned by CNL Lifestyle Properties and operated by former Six Flags executives Kieran Burke and Gary Story. The park is the subject of the song "Frontier City" by the Nashville band Kings of... |
Oklahoma City, Oklahoma Oklahoma City, Oklahoma Oklahoma City is the capital and the largest city in the state of Oklahoma. The county seat of Oklahoma County, the city ranks 31st among United States cities in population. The city's population, from the 2010 census, was 579,999, with a metro-area population of 1,252,987 . In 2010, the Oklahoma... |
1958 | 2007 | Premier Parks/Six Flags Six Flags Six Flags Entertainment Corp. is the world's largest amusement park corporation based on quantity of properties and the fifth most popular in terms of attendance. The company maintains 14 properties located throughout North America, including theme parks, thrill parks, water parks and family... (1982–2007) |
Purchased from Six Flags Inc. in 2007 |
| Magic Springs and Crystal Falls Magic Springs and Crystal Falls Magic Springs and Crystal Falls is an amusement park and water park located in Hot Springs, Arkansas, about 50 miles from Little Rock. A single price admission includes all day use of the rides and attractions in both parks. The park is open weekends from April through October and daily late-May... |
Hot Springs, Arkansas Hot Springs, Arkansas Hot Springs is the 10th most populous city in the U.S. state of Arkansas, the county seat of Garland County, and the principal city of the Hot Springs Metropolitan Statistical Area encompassing all of Garland County... |
1978 | 2008 | Theme Parks, LLC | |
| SplashTown Houston | Houston, Texas Houston, Texas Houston is the fourth-largest city in the United States, and the largest city in the state of Texas. According to the 2010 U.S. Census, the city had a population of 2.1 million people within an area of . Houston is the seat of Harris County and the economic center of , which is the ... |
1984 | 2007 | Premier Parks/Six Flags Six Flags Six Flags Entertainment Corp. is the world's largest amusement park corporation based on quantity of properties and the fifth most popular in terms of attendance. The company maintains 14 properties located throughout North America, including theme parks, thrill parks, water parks and family... (1999–2007) |
Purchased from Six Flags Inc. in 2007 |
| Waterworld California Waterworld California Waterworld California is a water park located in Concord, California. It was developed, owned and operated by Premier Parks, and now it is under the management of Palace Entertainment.-Recent Events:... |
Concord, California Concord, California Concord is the largest city in Contra Costa County, California, USA. At the 2010 census, the city had a population of 122,067. Originally founded in 1869 as the community of Todos Santos by Salvio Pacheco, the name was changed to Concord within months... |
1995 | 2007 | Premier Parks/Six Flags Six Flags Six Flags Entertainment Corp. is the world's largest amusement park corporation based on quantity of properties and the fifth most popular in terms of attendance. The company maintains 14 properties located throughout North America, including theme parks, thrill parks, water parks and family... (1995–2007) |
Purchased from Six Flags Inc. in 2007 |
| White Water Bay White Water Bay White Water Bay is a water park in Oklahoma City, Oklahoma built in 1981. Originally built by the Herschend Family Entertainment Corporation, White Water Bay was picked up by Premier Parks in 1991 and its name was changed from White Water to White Water Bay... |
Oklahoma City, Oklahoma Oklahoma City, Oklahoma Oklahoma City is the capital and the largest city in the state of Oklahoma. The county seat of Oklahoma County, the city ranks 31st among United States cities in population. The city's population, from the 2010 census, was 579,999, with a metro-area population of 1,252,987 . In 2010, the Oklahoma... |
1981 | 2007 | Premier Parks/Six Flags Six Flags Six Flags Entertainment Corp. is the world's largest amusement park corporation based on quantity of properties and the fifth most popular in terms of attendance. The company maintains 14 properties located throughout North America, including theme parks, thrill parks, water parks and family... (1991–2007) |
Purchased from Six Flags Inc. in 2007 |
| Wild Waves Theme Park | Federal Way, Washington Federal Way, Washington Federal Way is a city in King County, Washington, United States. Federal Way is located between Seattle and Tacoma. Its western boundary is Puget Sound. It is bordered by Des Moines on the north, Kent, unincorporated King County, and Milton on the east and Tacoma and Fife on the south... |
1976 | 2007 | Jeff Stock (privately owned) (1980's-2000) Six Flags Six Flags Six Flags Entertainment Corp. is the world's largest amusement park corporation based on quantity of properties and the fifth most popular in terms of attendance. The company maintains 14 properties located throughout North America, including theme parks, thrill parks, water parks and family... (2000–2007) |
Purchased from Six Flags Inc. in 2007 |
Former 8 Family Entertainment Centers around the US:
- Camelot Park Bakersfield, California
- Fiddlesticks Tempe, Arizona
- Funtasticks Tucson, Arizona
- Mountasia North Richland Hills, Texas
- Zuma Fun Center Charlotte, North Carolina
- Zuma Fun Center Knoxville, Tennessee
- Zuma Fun Center North Houston, Texas
- Zuma Fun Center South Houston, Texas