Developers for the Grand Texas Theme Park have officially closed the deal on the land purchase for the 600-acre tract of land located on FM 242 near U.S. Highway 59 in New Caney.
The deal was final Mondayl July 8 with construction set to begin later this year.
"Grand Texas is the name for both the theme park and the entertainment district. This is a theme park based on Texas history and culture," Monty Galland with the Grand Texas Theme Park said at the EMCID meeting back in February.
"The park will feature the elements of a typical theme park with a couple of major roller coasters and carousel to name a few but it will also have elements that you will not typically find in a theme park like a museum, a focus on live entertainment like music and dance and an exploration of Texas history and culture."
By mid-October, they plan to have site work and infrastructure begin and they are looking at an opening date of March 12, 2015.
The total capital cost of the water park, the theme park, the amphitheater and the paintball is $118 million.
The peripheral development such as the restaurants and such will add another $95 million.
The total development costs are $205 to $220 million. The developers anticipate attendance to be 650,000 a year to visit their various attractions which include a water park, dining, retail, a paintball field and possibly even a RV park in the future to name a few of the additions.
"Our board clearly feels this project will bring additional job opportunities to our residents in East Montgomery County either within the park or in the surrounding developments which will want to be located in close proximity to Grand Texas," Frank McCrady, EMCID president, said. "Another positive impact our board reviewed was the aspect that the high ad valorum value placed on the ground will provide additional revenue for the Splendora ISD to help them address their future growth."
Information about the Grand Texas Theme Park was first introduced at January board meeting as a compliment to the Earth Quest park.
The Grand Texas Theme Park does not replace or cancel the plans for EarthQuest to be developed in the future.
Now that they have purchased the land, it is on to the next step of planning and development including construction and clearing some portions of the land.
For more information about the theme park and animated video of it please click on the links below.