Negotiations designed to bring a Splash Kingdom water park to Greenville continue.
“The city, the shopping center developer and the water park developer are in the process of drafting a tri-party agreement,” said Greenville Board of Development Chairman/CEO Greg Sims. The agreement would include all of the requirements expected from each of the parties as part of a formal development agreement.
“It would have to go to the City Council for approval,” Sims said. “We hope to get everything lined up within the next 60 days, but that’s just estimated.”
The City Council voted in December to approve a letter of intent with Splash Kingdom for the establishment of a water park in Greenville.
Under the letter of agreement, the city agrees to provide an economic incentive, a tax abatement and water and sewer line improvements. In exchange, the Canton-based company agrees to build a water park costing at least $5 million.
The letter from Splash Kingdom Incorporated President Johnny I. Blevins indicated that the city would work with Steenson Development to acquire the approximately 14 acres of land inside the Towne Center project on which the water park would be located.