Developers at Bayou Phoenix took control of the former park last October, with an ambitious plan for the park's rebrand ranging from $500 million to nearly $1 billion. Troy Henry, the founder of Bayou Phoenix, announced plans to turn the desecrated Six Flags remains into a complex with two hotels, on-site water parks, a movie studio, amphitheater, and even an 8.5-acre lake for swimming.
"That assessment helps us to determine the conditions of the grounds and pilings and infrastructure so that we can make a final placement on what venues can go where on the property," Henry said.

Contractors are expected to clear the former theme park's rides and attractions next month. According to Henry, the demolition process will last five months.Henry noted that his team hopes to finish the demolition before New Orleans hosts the Super Bowl in February 2025.
Source: https://www.the-sun.com/travel/12409269/abandoned-theme-park-demolished-six-flags-complex/