Schlitterban Corpus Christi up for saleSchlitterban Corpus Christi up for salehttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=190282018-02-07T06:00:00Z2018-02-07T23:45:00Z

​​​An image of people having fun at the Schlitterban in Corpus.CORPUS CHRISTI – Schlitterbahn Corpus Christi dodged the auction block—for now—though it must be put up for sale to pay off its creditors. 

The $552 million park was set to be auctioned off on the Nueces County Courthouse steps Feb. 5, 2018, after failing to pay off a $16 million loan by January 31.

The company announced it would continue operating the water park, golf course and hotel this year; no layoffs are expected.

The sale process for the water park will be conducted under the auspices of Keen Summit Capital Partners LLC.

Schlitterbahn Waterparks & Resorts, which is not affected by the bankruptcy, operates four other parks: one each in South Padre Island, Galveston, New Braunfels and Kansas City, Kansas.
Corpus Christi Business Journal
Corpus Christi
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