Cedar Point and Sandusky reach milestone $100M deal
A historic $100 million agreement between Cedar Fair, which owns and operates the Cedar Point amusement park, and the City of Sandusky “paves the way for game-changing projects and aims to strengthen partnerships between all who live, work and play in the city,” the Sandusky Register reports. Potentially “totaling about $100 million in new investments over a 20-year period,” the agreement includes plans to construct a new causeway “doubling as Cedar Point’s main entranceway,” construction of a new recreation center for Sandusky residents, and generating funds to “further advance economic development and destination-related investments in Sandusky,” according to the article. The initiatives will be funded by admissions tax and parking tax revenue from Cedar Point visitors. For more, read the full article.
