Ed Hart group plans $120M investment in Kentucky Kingdom - wave3.com-Louisville News, Weather & Sports

Ed Hart group plans $120M investment in Kentucky Kingdom

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LOUISVILLE, KY (WAVE) - Some Louisville-based investors wanting to reopen Kentucky Kingdom said they are not asking for any startup funding from the state to get the rides running again.

The group led by Ed Hart met the state's October 19 deadline to submit a proposal for the abandoned park. Monday morning, Hart said his group would make a $120 million investment, including $50 million in startup funding and $70 million over the term of the lease with the state.

The group plans to restore all but one of the existing rides, while adding four more. They would also double the size of the water park.

The future of the park is now up to the state.

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