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Kevin Durant Among Investors Eyeing Former Six Flags Site in Prince George's County

NBA star Kevin Durant's investment firm 35V bought Bowie's 515-acre former Six Flags site, with County Executive Braveboy eyeing a tax-burden shift from homeowners to commercial users.

Sarah Chen3 min read
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Kevin Durant Among Investors Eyeing Former Six Flags Site in Prince George's County
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Kevin Durant is coming home to Prince George's County, and he's bringing a real estate partner and his mother with him.

County Executive Aisha Braveboy announced Wednesday that Durant's investment firm, 35V, and Atlanta-based TPA Group had been selected by Six Flags Entertainment Corp. to purchase the former Six Flags America property in Bowie, a 515-acre site sitting roughly 20 miles outside Washington, D.C. The park closed permanently in November 2025 after operating for more than 50 years, and only about 20 percent of the sprawling property was ever used as an amusement park.

Durant, a native of the D.C. area who grew up in Prince George's County, is not the only family member attached to the deal. His mother, Wanda Durant, president of the Durant Family Foundation, is also involved in the redevelopment. "This land represents decades of memories for families across the region," Wanda Durant said in a statement. "As we look ahead, it's essential that what comes next honors that legacy by creating new opportunities for residents, especially young people, and strengthens the community for years to come."

The site will not reopen as a traditional amusement park. Redevelopment plans center on entertainment and mixed-use development, though specifics remain early-stage. Council At-Large member Wala Blegay said it could be "a destination that will include input from the community, and could include something that will cater to all ages." Blegay, whose District 6 covers the Bowie property, said of the new owners: "We met with the new owners today, and we were excited that they were a local group, born and raised in Prince George's County."

For Braveboy, the transaction carries a fiscal argument beyond the nostalgia. "With 515 acres of prime real estate, we have an opportunity now to really have that strong conversation about shifting the burden from our property taxpayers to our commercial users and that's really what we're focusing on," she said at the press conference.

Six Flags told its investors in May that the park was "not a strategic fit with the company's long-term growth plan." Prince George's County leaders said the closure came as a surprise, and it followed days after the county learned it would also lose the Washington Commanders to a new stadium back in D.C.

Six Flags Entertainment Corp. selected 35V and TPA Group after what it described as "a comprehensive process to identify a development team with the experience, long-term vision, and commitment to community partnership necessary to guide the site's next chapter." Community meetings are expected to follow as plans take shape.

Braveboy framed the moment in terms that stretched beyond economics. "This is an iconic site," she said at Wednesday's news conference. "It's a place that as a child, I went to, and I'm sure everyone else on stage has memories about Six Flags. But what I'm excited about now is that generations to come will have those same memories. It's going to be a different site, it's going to be different activities there, but those memories we want to continue to have at that site.

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