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Published April 24, 2007 10:38 pm - “Balderdash!” That was the reaction Tuesday of an observer of the theme-park industry when he was told about a touted plan for 1,000 acres of land just south of Joplin in Newton County.
Expert: Theme-park numbers just don’t jibe
Industry observer says ‘market is not there’
By Andy Ostmeyer
aostmeyer@joplinglobe.com
“Balderdash!”
That was the reaction Tuesday of an observer of the theme-park industry when he was told about a touted plan for 1,000 acres of land just south of Joplin in Newton County.
Dennis Speigel, president of International Theme Park Services, in Cincinnati, Ohio, and a past president and board member of the International Association of Amusement Parks and Attractions, was blunt in his reaction to what is being promoted as a plan to buy the land near Redings Mill and invest $1.7 billion in attractions and hotels.
“We watch the industry on an hourly, daily, weekly, monthly, annual basis,” Speigel said. “I can assure you that neither Disney nor any other major theme-park operator is looking at that market. The market is not there. The population is not there. The economics are not there.”
Two weeks ago, an operation named ARM Risk, which has a Springfield address, sent a representative, Todd Marshall, to meet with the Newton County commissioners. He said the project would have 27 rides, 95 shops, 12 stages, 18 restaurants and six hotels with 2,100 rooms in its first phase, and that it would employ 1,200 full-time and 6,000 seasonal workers.
Neither Robert Brown, a principal with ARM who spoke to the Globe last week by phone, nor Marshall could be reached for comment.
Attempts to reach them several business days last week and this week have resulted in busy signals or voice messages that have not been returned.
Jerry Carter, Newton County presiding commissioner, said Tuesday that the commission has not had any further contact with anyone from ARM, and has had no luck reaching anyone from that operation since the initial meeting.
“We’re just like everyone else here,” he said. “We are extremely interested and extremely cautious.”
Brown told the Globe last week that ARM is a land-acquisition company set up specifically for this deal, but he refused to identify the company that allegedly is interested in buying the land and building a theme park.
Brown’s address on filings with the Missouri secretary of state’s office is listed as 500 S. Buena Vista St. in Burbank, Calif., which is the address for The Walt Disney Co. The address on the state documents for another ARM principal, Jason Johnson, is listed as “Corporate Offices” in Lake Buena Vista, Fla., the home of Disney operations near Orlando.
Carter said he spoke to Disney officials who “strongly denied” any connection or involvement with any company seeking to buy land in the Joplin area.
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