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	<title>Disney-°o°-Rama &#187; failing parks</title>
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		<title>Hard Rock Park Signals That It Will Close For Good</title>
		<link>http://www.disneyorama.com/2009/01/hard-rock-park-signals-that-it-will-close-for-good/</link>
		<comments>http://www.disneyorama.com/2009/01/hard-rock-park-signals-that-it-will-close-for-good/#comments</comments>
		<pubDate>Mon, 05 Jan 2009 17:56:26 +0000</pubDate>
		<dc:creator>David Wallace</dc:creator>
				<category><![CDATA[Non-Disney Parks]]></category>
		<category><![CDATA[failing parks]]></category>
		<category><![CDATA[Hard Rock]]></category>

		<guid isPermaLink="false">http://www.disneyorama.com/?p=409</guid>
		<description><![CDATA[Failing to find a buyer in a recent quest to find a buyer to take over the failing Hard Rock theme park, owners asked a Delaware bankruptcy court Friday for permission to liquidate, signaling once and for all that it will not be able to reopen.

The park, which said it was worth $400 million when it opened in April, was unable to attract any bidders willing to pay at least $35 million for the park at a December 15 auction, according to court documents. This after Hard Rock Park had closed and filed for bankruptcy protection in September.]]></description>
			<content:encoded><![CDATA[<p><img class="alignright" title="Hard Rock Park" src="http://www.disneyorama.com/images/hard-rock-park.jpg" alt="" width="250" height="154" />Failing to find a buyer in a recent quest to find a buyer to take over the failing Hard Rock theme park, owners asked a Delaware bankruptcy court Friday for permission to liquidate, signaling once and for all that it will not be able to reopen.</p>
<p>The park, which said it was worth $400 million when it opened in April, was unable to attract any bidders willing to pay at least $35 million for the park at a December 15 auction, according to court documents. This after Hard Rock Park had closed and filed for bankruptcy protection in September. <span id="more-409"></span></p>
<p>&#8220;Because the bid and sale process has been unsuccessful thus far, there exists no reasonable prospect of success in the immediate future,&#8221; the filing stated. &#8220;Regrettably, conversion of [the park's] Chapter 11 bankruptcy cases to cases under Chapter 7 of the bankruptcy code thus appears to be the only remaining means of allowing the debtors&#8217; assets to be liquidated and potential causes of action to be pursued and monetized for the benefit of creditors.&#8221;</p>
<p><img class="alignleft" style="margin-left: 5px; margin-right: 5px;" title="Hard Rock Park" src="http://www.disneyorama.com/images/hard-rock-park-map.jpg" alt="" width="378" height="287" />Financial documents filed in court show the park made $21.5 million from April 15 through September but that it owes nearly $300 million. Park owners had hoped to bring up to 30,000 people a day during the summer and 3 million people a year through its gates. Apparently that did not happen.</p>
<p>Of particular interest to me is what will become of the par&#8217;s five roller coasters. One would assume that another amusement park company might pick tem up to add to their own parks.</p>
<p>Coasters that currently site idle at Hard Park are as follows.</p>
<p><a href="http://www.rcdb.com/id3870.htm" class="broken_link"><strong>Shake, Rattle &amp; Rollercoaster</strong></a></p>
<p>This is a simple Vekoma junior family style custom coaster. Could be good for a small family park that is lacking a kiddie coaster in its ride collection.</p>
<p><a href="http://www.rcdb.com/id3809.htm" class="broken_link"><strong>Slippery When Wet</strong></a></p>
<p>This family style coaster built by Premier Rides is described as a cross between a bucket-ride and a roller coaster in a wilderness campground setting. It features a steel track, suspended cars and an elevator lift system.</p>
<p><a href="http://www.rcdb.com/id3854.htm" class="broken_link"><strong>Eagles Life in the Fast Lane</strong></a></p>
<p>This is a small Vekoma steel sit-down coaster which based on pictures of park models, very closely resembles a standard Vekoma 785m Mine Train. There are differences in the second half of the ride where a few curves and helixes are mirror images of the standard.</p>
<p><a href="http://www.rcdb.com/id3853.htm" class="broken_link"><strong>Maximum RPM!</strong></a></p>
<p>Wrapping around a manufacturing plant is a wild ride mechanism where guests take English mini-sports cars – fresh off the assembly line &#8211; on a special test spin. Dominating the attraction is an industrial looking Ferris-wheel-type steel structure that lifts cars and riders up into place for their roller coaster ride drop, like a revolver cartridge chamber loads a gun.</p>
<p><a href="http://www.rcdb.com/id3852.htm" class="broken_link"><strong>Led Zeppelin &#8211; The Ride</strong></a></p>
<p>This is a B&amp;M steel sit-down coaster which is 3738 feet long and 150 feet high at its highest peak. The ride six inversions including a 120&#8242; tall loop, a 95&#8242; tall Cobra Roll, a 75&#8242; tall Zero−G Roll (Camelback) Loop and a Corkscrew (Flat Spin). The coaster reaches speeds of up to 65 mph.</p>
<p>The theming of the ride begins at a huge airship, as if you are stepping onto the cover of Led Zeppelin&#8217;s debut album. Once inside, Led Zeppelin music and videos play throughout the queue, leading to a studio area where rockers are treated to a moving, multimedia show before climbing aboard the coaster itself.</p>
<p>The park does have additional rides and attractions that might be a good fit for other parks including several swing-style rides, a carousel and even a 3-D dark ride.</p>
<p>As far as the &#8220;Hard Park&#8221; name, Hard Rock International, the cafe and casino company, had licensed its brand name to the park for at least $2.5 million annually, but it is now asking a judge to allow the park to turn over various memorabilia and release them from the license agreement.</p>
<p>Also questionable is the continued licesning of the &#8220;led Zeppelin&#8221; name for the roller coaster associated with it.</p>
<p>It&#8217;s always sad to see a park close, especially one that has not even been open for a full year. Local tourism officials and national theme park experts have criticized the park for not advertising enough before its opening. It has also been said the park&#8217;s initial $50 ticket price (not including $10 for parking) may have scared off potential visitors.</p>
<p style="text-align: center;">Related: <strong><a href="http://www.anrdoezrs.net/18103efolfn2635579424384A96C" target="_top">Book your dream Disney vacation at Expedia.com!</a></strong></p>
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