Kevin Durant, TPA Group buying Six Flags site in Prince George's County

Apr 8, 2026
Updated Apr 9, 2026 10:29am EDT

 

35V, a group led by NBA superstar and Prince George's County native Kevin Durant, and TPA Group are acquiring the former Six Flags America amusement park site in Prince George's County.
Six Flags announced the agreement for a sale in a Securities and Exchange Commission filing on Wednesday.

 WTOP, which first reported the sale, says the new owners are expected to redevelop the 515-acre site in Woodmore with entertainment and mixed-use development.

Durant grew up in Seat Pleasant before joining the NBA, where he now plays for the Houston Rockets. He founded 35V with longtime agent and business partner Rich Kleiman. TPA Group, a privately held real estate investment, acquisition and development firm, is based in Atlanta.

 

“We are excited about the vision, energy and opportunity this new ownership team brings to the former Six Flags site,” Prince George's County Executive Aisha Braveboy said in a news release. “This is a major step forward for Prince George’s County and a meaningful opportunity to elevate this property into a destination development that reflects the expectations of our residents and strengthens economic development in our County.”

Braveboy has said that any new development would need to generate more than the $3 million in tax revenue than the amusement park did.

 

Six Flags Entertainment Corp. (NYSE: FUN) announced last May that it would close the amusement park after 50 years and sell the site. It tapped CBRE to market the property last fall.

 

CIVITAS Commercial Real Estate Services advised 35V on the acquisition.