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Fun Spot America eying two locations on W192 for third theme park

Fun Spot America is considering the parcels shown in blue for its third Orlando-area theme park. One site is next-door to the planned water park at Margaritaville Resort. The other, on Old Lake Wilson Road, is just across from a new Walmart Supercenter.
Fun Spot America is considering the parcels shown in blue for its third Orlando-area theme park. One site is next-door to the planned water park at Margaritaville Resort. The other, on Old Lake Wilson Road, is just across from a new Walmart Supercenter. (Osceola County)

 Fun Spot America is planning a new theme park -- its third location -- in Kissimmee.

The company, which is investing millions on expansions at its existing theme parks in Orlando and at Old Town USA, is eyeing two potential locations for the third park, according to documents filed with Osceola County.

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The first site is composed of two parcels totaling 12.6 acres virtually next door to the new water park planned for Margaritaville Resort. It's part of an approved Planned Development that would have to be amended.

The other location is closer to Disney property, on Old Lake Wilson Road. That 9.2-acre parcel is next to the new Walmart Supercenter now under construction and it's zoned Commercial Tourist, which allows for theme park attractions.

Fun Spot COO John Arie Jr. said the company wants to expand its presence in Central Florida with a third location.

"The theme will be 'Americana' with family oriented, affordable attractions and rides," Aries wrote in the project description. The "Americana" theme was previously announced in January as a long-term plan for expansion of its park on N. International Drive.

More than 34 acres of undeveloped land or parcels positioned for redevelopment surround Fun Spot America and its own virgin parcel, offering further growth potential to its latest expansion plan.

Arie told county planners the park would include Fun Spot's multi-level Go-Kart track, family and thrill rides, roller coasters, an arcade, midway and dining options -- attractions already in place at the company's theme parks on I-Drive and at Old Town USA.

Arie is scheduled to meet with planning staff next week to discuss site plan issues at both locations.

He could not be reached for comment on Tuesday, but Fun Spot Marketing Director David Hummer told GrowthSpotter the project is still in its embryonic stage. The company doesn't own either site, and is not actively negotiating to buy property.

"We're always looking to expand, but we don't have any land," Hummer said. "We haven't, as a board, agreed to move forward on that. That area out there is amazing, but we just don't have anything secure or formal plans yet."

Still, the idea of another Fun Spot on the tourist corridor was enough to get W192 Development Authority Director David Buchheit charged up.

"I would love that," he told GrowthSpotter. "I love working with the guys from Fun Spot. They're great people. They love what they do, and it shows in their product."

Buchheit said either location would be spectacular. "You're either right next to Disney or you're right next to a new water park," he said. "You're going to have a lot of traffic and a lot of families at either location."

Details on why this growing theme park off of N. International Drive will favor parking infrastructure as its first stage of expansion.

The company has been in expansion mode at its two existing parks.

Fun Spot invested $20 million back in 2013 to add two large roller-coasters and expand its I-Drive-area park. The City of Orlando approved master plan request last month for the 9.8-acre parcel directly north of the park's entrance, across Fun Spot Way, for expanded parking. Future plans for that site include the company's first water attractions.

At the Kissimmee location, the company partnered with Old Town USA to move four of its rides onto Old Town property and operate a new Ferris Wheel. The Kissimmee park is also getting a $1 million thrill ride called Head Rush 360, the Orlando Sentinel reported on May 30.

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Have a tip about Central Florida development? Contact me at lkinsler@GrowthSpotter.com or (407)420-6261, or tweet me at @LKinslerOGrowth. Follow GrowthSpotter on Facebook, Twitter and LinkedIn.

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