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SANTA CLARA, Calif. (KRON) – California’s Nice America amusement park in Santa Clara will shut its rides, however there’s nonetheless loads of time for patrons to go to the park. The park’s operator, Cedar Truthful, introduced that it has bought the land for $310 million, however will proceed to function the park for “a interval of as much as 11 years” earlier than closing its doorways.

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Bay Space actual property firm Prologis, Inc. bought the land. It’s not but identified what he’ll do with the property.

“We selected Prologis as our associate due to their deep ties to the Bay Space and their status for working carefully with native communities on massive developments,” stated Cedar Truthful President and CEO Richard A. Zimmerman.

The town of Santa Clara stated it “can’t touch upon the financial impacts or advantages.”

Cedar Truthful bought the land from the town of Santa Clara and the state of California in 2019. The park has been open since 1976.

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