Grand Texas Theme Park Moves Forward
Earlier this month developers announced they had completed the purchase of approximately 600 heavily wooded acres of land between U.S. 59 and Texas Highway 242 in New Caney. The site is the future home of Grand Texas Theme Park and Big Rivers Water Park, a Texas-themed amusement park, water park, equestrian center and retail center.
Estimated cost: more than $200 million
Although the price tag has not been made public, earlier estimates put the cost of the water park, theme park, amphitheater, paintball arena around $119 million, while additional developments including retail, restaurants and hotels could add $95 million to the total project cost.
300 to 400 jobs to be created
According to Frank McCrady, president and CEO of the East Montgomery County Improvement District, Grand Texas could create 300 to 400 jobs. Attendance is projected at 665,000 in the first year, rising to 1.8 million several years after the park is in operation.
Complete build out to take place over 10 years
Site work is now underway on the land that is roughly six times the size of AstroWorld. Brae Burn Construction Company is the contractor on the project’s next phase, which will break ground in a few months and is scheduled for completion in 2015. Dallas-based GHA Architects is the designer. Complete build out will take place in phase over the next 10 years.