Investment Group Including Kevin Durant Purchases Former Six Flags America Site in Maryland
An investment group that includes NBA player Kevin Durant has purchased the 500-acre site of the former Six Flags America theme park in Prince George's County, Maryland. The park, which operated for five decades, closed in November 2024 after Six Flags determined it was not a strategic fit for its long-term growth plan.
Usa TodayThe site of the former Six Flags America theme park in Prince George's County, Maryland, has been sold to a joint venture between 35V, an investment firm co-founded by NBA player Kevin Durant and Rich Kleiman, and Atlanta-based TPA Group. U.S. Securities and Exchange Commission on April 8, 2025.
, had been available for purchase since the park's closure. Six Flags America operated for five decades before closing in November 2024. The company stated that the closure aligned with its long-term growth plan, as the park was not a strategic fit.
According to WJLA, the park generated $3 million annually during its seasonal operations.
America, located in Woodmore, Maryland, opened in 1974 as a drive-thru wildlife center.
It underwent several name changes, including Wild World and Adventure World, before being rebranded as a Six Flags theme park in 1999. The park featured roller coasters such as Superman: Ride of Steel, Joker's Jinx, and Batwing, along with rides like Wonder Woman Lasso of Truth and Firebird. It also included the Hurricane Harbor waterpark, which was part of the standard admission.
In an announcement last year, Six Flags President and CEO Richard A. Zimmerman stated that after reviewing options, marketing the property for redevelopment would generate the highest value and return on investment.
George's County Executive Aisha Braveboy described the sale as a step forward for redevelopment in the county.
She envisions the property being developed as a mixed-use entertainment site and hopes it will host year-round activities, unlike the seasonal schedule of the former park. " — Aisha Braveboy (USA Today) Braveboy and the new ownership team plan to host events to involve area residents in discussions about the property's future use. The terms of the sale were not disclosed.
It remains unclear what specific plans the investment group has for the site. The redevelopment could affect local residents, businesses, and the economy in Prince George's County by potentially creating new jobs and attractions. Community input will help shape the project's direction.
Further details on the timeline for development have not been announced.
Key Facts
Story Timeline
4 events- April 8, 2025
Investment group including Kevin Durant purchased the former Six Flags America site per SEC filings.
1 sourceUsa Today - November 2024
Six Flags America closed after operating for five decades due to strategic misalignment.
1 sourceUsa Today - 1999
The park was rebranded as Six Flags America after previous name changes.
1 sourceUsa Today - 1974
Six Flags America opened as a drive-thru wildlife center in Woodmore, Maryland.
1 sourceUsa Today
Potential Impact
- 01
Redevelopment may create year-round economic activity in Prince George's County.
- 02
New entertainment options might attract visitors from Washington, D.C. area.
- 03
Local residents may participate in shaping property development decisions.
- 04
Community events could influence the site's future mixed-use plans.
Transparency Panel
Related Stories
valuewalk.comEEOC Sues New York Times Alleging Racial and Sex Discrimination in Editor Promotion
The U.S. Equal Employment Opportunity Commission filed a lawsuit against The New York Times, alleging it discriminated against a white male editor by promoting a less-experienced multiracial woman. The case, filed in Manhattan federal court, seeks policy changes and damages. The…
jns.orgGap Co-Founder Doris Fisher Dies at 94 Surrounded by Family
Doris Fisher, who co-founded The Gap Inc. in 1969 with her husband Don, died on May 2, 2026, at age 94. She served as the company's merchandiser for nearly four decades and helped build it into a global brand generating over $15 billion in annual sales. Fisher is survived by thre…
koreatimes.co.krMiddle East War Blocks Strait of Hormuz, Driving European Jet Fuel Prices from $831 to $1,838 per Tonne
The ongoing conflict in the Middle East has driven jet fuel prices to more than double in recent weeks, leading to widespread flight cancellations and higher ticket costs. Airlines across Europe and North America have reduced schedules, while governments prepare measures to mitig…