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The Friends of Cypress Gardens, founded by Burma Davis Posey, immediately incorporated and saved the park by enlisting the help of members in the United States and 27 other countries and raising 13,500,000 dollars in three and a half months.
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Adventure Parks Group bought the balance of the property subject to the conservation easement and reopened the park as Cypress Gardens Adventure Park in November 2004 complete with a wooden roller coaster and other midway-style rides and the adjacent Splash Island water park followed in 2005. Unfortunately, the estimated $30 million in damages from the horrific 2004 hurricane season led Adventure Parks Group to file for bankruptcy in September 2006.
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Land South Adventures bought Cypress Gardens at a bankruptcy auction October 16, 2007, temporarily closed the park in November 2008, then reopened in March 2009 as two separate parks.Splash Island was expanded but the animals and many of the midway rides were gone from Cypress Gardens. Sadly, on September 23, 2009, the company announced the park was closing because they were unable to "keep the park running in its traditional form."
Merlin Entertainments, the world's second largest them park and attraction operator, bought the park in 2010 and announced it would become Legoland Florida with an October 2011 opening. It has been reported that the gardens will be incorporated into the new park ... this Florida native and history lover certainly hopes so.
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