9:44am

Thu February 23, 2012
Kentucky Arts and Culture

Fair Board Considers Lease For Kentucky Kingdom

The Kentucky Fair Board will vote on a new lease Thursday for the Kentucky Kingdom theme park. The Bluegrass Boardwalk company was formed this month by members of the Koch family, which owns Holiday World in Indiana. The Kochs will now propose its lease agreement to the fair board, which may include changing the Kentucky Kingdom name and Bluegrass Boardwalk hasn’t been ruled out as a new title.

Kentucky Kingdom has been closed since early 2010 when its previous owner Six Flags declared bankruptcy. Past attempts to reinvest in the property fell through last year after businessman Ed Hart and the fair board couldn’t agree on revenue streams for the property.

Fair board officials say it’s their priority to re-open the park next year.