Merlin bought the shuttered park for $22 million and will spend “hundreds of millions of dollars” rebuilding it, said Nick Varney, Merlin’s chief executive officer. He discounted doubters who question whether the park can overcome an off-the-beaten-track location 30 minutes southwest of Orlando, the demise of some predecessors. So far Anheuser-Busch Cos., the owner of Wild Adventures in Valdosta and a management group headed by a former Walt Disney Co. executive all struck out trying to make Cypress Gardens profitable.
“We’re building a destination that ultimately we hope to transform from a day trip into a two- or three-night stay with our own hotels,” he said. “We already have two of the three necessary elements here that drew close to 1 million a year at their peak: a fine water park (which will have a separate admission) and a botanical gardens that took my breath away the first time I saw it.”
Hoping to convince “local people their botanical gardens are safe with us,” Varney ticked off a list of Merlin theme parks in Europe that are built inside castles up to 1,000 years old or centuries-old gardens.
The Legoland in Carlsbad, Calif., has averaged 2 million visitors a year and reported attendance gains four consecutive years through the 2009 recession, despite being an hour south of Disneyland. (Busch Gardens, in comparison, draws 4.4 million a year.)
Varney , who steered Merlin to dramatically step up its U.S. presence — in the Orlando tourist corridor in particular — was drawn to buy an existing park. Building park infrastructure from scratch in Orlando would have cost Merlin $100 million more and consumed five years, twice the time needed to get the Cypress Gardens’ property ready to open.
The centerpiece at Legoland Florida will be a town-square-sized hub with detailed, miniature replicas of cities, sites and people like the White House, Mount Rushmore and Abe Lincoln modeled from more than 40 million plastic Lego bricks.
Unlike the $100 million-plus mega-rides common in Orlando theme parks, Legoland buys off-the-shelf midway rides, then heavily rethemes them to create interactive experiences for adults and kids. Legoland classics include a design-your-own car to race against one created by a parent, a kiddie coaster shooting game with laser guns, and a fire truck ride that includes hosing down a smoking building. Kids also are rewarded with a Legoland driver’s license after successfully making their first spin on the Volvo Driving School ride.
Legoland Florida will be priced about the same as Busch Gardens in Tampa. That’s about $7 to $10 less than the big three Orlando parks, which currently want $86.29 including tax, though two-thirds of all theme park visitors pay discounted admission. Legoland also offers senior discounts and sells more annual passes than most parks.