May 21, 2012
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Reporter: AP

Kansas Investor Eyes Memphis Park

A Kansas investor may develop an amusementpark at the former site of Libertyland in Memphis, where Elvis Presley often rode his favorite roller coaster.

Robert Barnard's company owns Joyland Amusement Park in Wichita. He's issued a letter of intent to the city of Memphis to put five
million dollars in a 36-month lease into the Libertyland property for a park to be opened by May 31st.

Libertyland closed last year after several seasons of falling attendance and financial losses. The park's rides were auctioned off, including Elvis' beloved Zippin Pippin wooden coaster.

Barnard said his plans include a water park, and he wants the deal to include the Zippin Pippin and a century-old hand-carved carousel.


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