According to the Myrtle Beach SunNews, the owners of the $400-million Freestyle Music Park missed a court-ordered deadline to make a debt payment, meaning the venue is unlikely to open this season.
Attorney David Slough said the owners of Freestyle Music Park are unable to make a $570,000 payment that was inherited when the former Hard Rock Park was bought out of bankruptcy court. The missed payment means a judgment will be entered against the owners, but the park’s future is unclear.
Slough said the park will not open this year unless the owners can find an investor. Freestyle opened for the summer last year, its second season. The park debuted in 2008 as Hard Rock Park, but struggled in the poor economy and the original owners had to file for bankruptcy several months later.