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Indoor water park in Rapid City to be auctioned

July 30, 2018

RAPID CITY, S.D. (AP) — A massive indoor water park in Rapid City is going on the auction block, even before it ever opened.

Construction on the Rippin’ Rapids Water Park & Resort began in 2014, but eventually stalled due to financial woes by its developer, Capitol Management of Rapid City.

The Rapid City Journal says the 54,000 square-foot building and property is now owned by Great Western Bank.

An auction for the 7-acre property will be held Aug. 14. Potential buyers can bid on the whole property, or just the land or the salvage rights to the building.

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Information from: Rapid City Journal, http://www.rapidcityjournal.com

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