The park will be sold to Music & Event Management Inc., which is a subsidiary of the Cincinnati Symphony Orchestra.
Coney Island opened in 1886 with Sunlite Pool opening in 1925.
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“We have been proud to provide a place where so many wonderful memories were created for families,” the park said in a statement. “We thank the millions of patrons and employees from Cincinnati and surrounding neighborhoods.”
MEMI is set to turn the amusement park into a “cutting-edge” music venue. The “state-of-the-art” venue renovation is set to cost $118 million, making it a “must play stop for the music industry’s top acts,” MEMI said.
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