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Chicago & Midwest  + Midwest  |  November 4, 2020
Paul Bubny
By: Paul Bubny

ICP to Redevelop Former Geauga Lake Amusement Park

Industrial Commercial Properties LLC (ICP) has acquired the 377-acre property that formerly held Geauga Lake Amusement Park and Sea World Ohio. The property is located in Bainbridge Township and Aurora, OH. 

The property will be rebranded as The Geauga Lake District, a mixed-use development with design elements that will pay homage to the history of the site and the former amusement park, which operated from 1887-2007.

“We are reigniting this iconic landmark,” said Chris Semarjian, owner of ICP. “The redevelopment of this site will not only create a fully functioning district where people can live, work, dine and recreate, but it will also have a broader impact on economic development and job creation for the region.”

The first company to be part of The Geauga Lake District will be Menards, a national home improvement store in its third Northeast Ohio location. It’s slated to open in early 2022.

For comments, questions or concerns, please contact Paul Bubny

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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