October 11, 2007

Great America offers to sell to Niners

The owners of Santa Clara's Great America theme park, who have been holding up plans for a San Francisco 49ers stadium in their parking lot, still say they don't like the stadium idea, but are now willing to sell their whole theme park to the team. "When Cedar Fair concluded that an amusement park and the stadium as proposed could not successfully coexist, Cedar Fair offered the city and the 49ers the option of redeveloping the entire parcel," said a statement by Cedar Fair Entertainment Co. How much the theme park would want for its land is unknown - the parcel was assessed at $114 million last year, but as we've seen before, that doesn't necessarily mean anything.