KANSAS CITY, Mo. — Worlds of Fun, a popular amusement park in Kansas City, has a new owner.
according to Business WireEPR Properties, a Kansas City-based experiential real estate trust, has reached an agreement with Six Flags Entertainment to acquire a portfolio of seven regional parks in the United States and Canada, including Worlds of Fun.
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The total value of the parks is estimated to be approximately $342 million; however, EPR contributed $315 million and other operating partners provided the remaining $27 million.
Although World of Fun will be getting a new owner, no immediate changes are expected to the park’s operations.
According to the announcement, each park will continue its regular operating schedule and all season passes will be recognized through the 2026 operating season.
One of the only changes explicitly outlined in the agreement is the Six Flags brand, which buyers will lose rights to after 2026. That could mean parks with “Six Flags” in their names will be renamed next year. Worlds of Fun does not expect to be affected by this change.
The parks involved in this transaction include:
USA-
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World of Fun – Amusement Park and Water Park – Kansas City, MO
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Valleyfair – Amusement Parks and Water Parks – Minneapolis, Minnesota
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Six Flags St. Louis – Amusement Park and Water Park – St. Louis, Missouri
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Schlitterbahn Water Park Galveston – Water Park – Galveston, Texas
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Michigan Adventures – Amusement and Water Parks – Grand Rapids, MI
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Six Flags Great Escape – Amusement Park and Water Park – Queensbury, NY
Canada-
The acquisition of these seven parks significantly expands EPR’s real estate footprint, adding more than 1,600 acres, 418 attractions and approximately 4.5 million visitors annually in five states.
Although EPR acquired the land and real estate, the park will be operated by another company, Enchanted Parks, which will be responsible for day-to-day operations, including staff and rides.
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“This strategic acquisition provides us with an excellent opportunity to expand our attractions portfolio with high-quality experiential real estate assets in mature regional markets,” said Gregory K. Silvers, chairman and chief executive officer of EPR Properties.
