$2 million investment proposed for Penticton amusement park
LocoLanding Adventure Park owner Diana Stirling will make a presentation to Penticton City Council to discuss a lease renewal.
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April 17, 2018 - 11:11 AM
PENTICTON - A major investment being proposed by the owners of Penticton’s LocoLanding Adventure Park needs the support of council in the form of a lease renewal on the city owned land it sits on.
LocoLanding owner Diana Stirling says she hopes to invest $2 million in the park over the next 12 years, but in order to justify the investment the company is seeking to renew their lease for another 20 years.
“We’re simply asking for something we have already had. We are in year ten of our current 20-year lease. We are asking to go back to a full 20-year lease to justify the investment,” she said in an emailed statement.
Stirling is also requesting a 10-year renewal review process halfway through the lease in order to continue to effectively plan and continue building the business.
Details of the upgrades are being kept private for the time being for competitive reasons, but Stirling said the park’s mini-golf course will be completely renovated.
She said the investment would create an attraction that would be “first in Canada, second in North America and brand new in our industry."
LocoLanding hires around 80 students annually for its seasonal operation, which is unique to Penticton.
Stirling says she has over 40 support letters and feedback from an open house to present at council at a meeting this afternoon, April 17.
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