Giant Dipper Roller Coaster At Belmont Park

Information may not be reliable

San Diego’s Beachfront Amusement Park & Entertainment Center

Sure to please the entire family, Belmont Park is located on the surf and sand in Mission Beach and offers free parking and free park admission. Visitors can enjoy traditional and contemporary amusement park rides, ride the waves at Wave House, play mini golf, arcade and midway style games, shop and enjoy a wide array of cuisine throughout the Park which includes beachfront restaurants as well as food court style dining.

To Our Supporters,
Belmont Park is on a land lease from the City of San Diego. This masterlease envisioned and documented a major redevelopment to construct new improvements, an adaptive reuse of the Plunge swimming pool hall and pay increased City rent. To achieve this objective, I submitted a plan to the City in 2006. In 2008, the City requested a hold on any redevelopment and to negotiate an as is lease. For two and a half years, we diligently pursued renegotiation, but the City flatly rejected our efforts. They have now imposed a 700% rent increase, but with no development to pay for it. This is financially unfeasible, renders Belmont Park insolvent and is a breach of lease. On November 3, 2010, Belmont Park filed for Chapter 11 Reorganization to defend its interpretation of the lease and to oppose the City in Federal court.
When taking over the leasehold in 2002, the area was a blighted district with over 50% vacancy, rampant crime and drug problems. During the course of my tenure, my company invested over $11 million in capital improvements. Belmont Park now attracts over 4 million visitors a year, generating significant sales tax for the Citys account, and has created over 500 jobs.
The Citys attempt to raise the rent to offset their years of financial mismanagement (exemplified by the pension fiasco and the recent No Vote on Prop D) puts the community in jeopardy of losing a prized asset, with a distinct possibility of returning to a derelict, crime and graffiti-ridden area. Please dont allow the mistakes of local government to destroy a San Diego historic landmark.
Help us fight the city's unjustified rent increase by writing the Mayor of San Diego, City Attorney, Director of Real Estate Assets and District 2 City Councilmember. Let them know of your personal relationship with Belmont Park and your support of our continued efforts to operate, maintain and improve this historic regional park.

Note: The Giant Dipper Roller Coaster is under a separate Leasehold with the City of San Diego and is no way affected by the Belmont Park Chapter 11 filing.