*NBA celebrity Kevin Durant is bringing his enterprise acumen again to his dwelling turf. On April 8 (2026), Prince George’s County Govt Aisha Braveboy introduced that an funding group, together with Durant, has acquired the previous Six Flags America property in Bowie, Maryland. The 515-acre web site, which operated as an amusement park for roughly 50 years earlier than closing in November 2025, shall be remodeled into a significant mixed-use vacation spot.
The consumers embrace 35V, Durant’s funding agency co-founded along with his longtime agent Wealthy Kleiman, and TPA Group, an Atlanta-based actual property growth and funding agency. Six Flags Leisure Company chosen the deal. The property is situated roughly 20 miles exterior Washington, D.C., and the previous park itself occupies solely about 20 p.c of the massive land parcel, with the remainder remaining undeveloped open area.
What Comes Subsequent for the Bowie Property
County officers and the consumers have described this as a significant redevelopment alternative. The precise imaginative and prescient remains to be being developed, and public enter will play a major position. Early indications level towards a mixed-use vacation spot growth slightly than a standard seasonal amusement park. The aim is year-round financial exercise, transferring past the previous mannequin that generated solely about $3 million yearly in taxes.
Key components talked about by officers embrace housing, retail, eating, and leisure choices. Some residents have expressed curiosity in family-oriented experiences, whereas others have urged sports activities, wellness, or athletic amenities that would leverage Durant’s background. There are additionally discussions of upscale industrial areas and probably grownup leisure and eating choices alongside family-friendly sights.
County Govt Braveboy has emphasised creating one thing that displays our residents’ expectations and strengthens financial growth. She famous that the consumers have been chosen for his or her long-term imaginative and prescient and dedication to group partnership. Public engagement occasions are being deliberate, co-hosted by the county and the brand new homeowners, so residents may also help form the ultimate plans.
Native Reactions to The Announcement
Reactions from locals are principally optimistic however cautious. Many residents expressed satisfaction in having an area NBA star concerned in such a major undertaking. Durant grew up in Prince George’s County, and his mom, Wanda Durant, can be related along with his philanthropic efforts by the Durant Household Basis. County leaders have described the deal as a significant step ahead and a significant alternative for financial development.
Nonetheless, some residents have voiced issues. A portion of the group prefers extra household enjoyable and leisure and fewer heavy housing or industrial growth, citing worries about visitors, noise, and power calls for. Others have known as for the group to have an actual voice within the planning course of, not simply top-down selections. There’s nostalgia for the previous Six Flags, however most acknowledge {that a} pure amusement park revival is unlikely. Total, native media from WTOP, FOX5 DC, NBC Washington, and CBS Baltimore have struck an optimistic tone, viewing the undertaking as an opportunity to raise the positioning into one thing extra trendy and useful for the county.
How This Matches into Durant’s Enterprise Portfolio
This deal aligns effectively with 35V, the household workplace and funding platform co-founded by Durant and Wealthy Kleiman in 2017. The agency manages Durant’s private model, enterprise offers, philanthropy, and a big funding portfolio of over 100 startups and firms. Key sectors embrace tech, fintech, AI, well being and wellness, media, sports activities tech, and actual property.
Notable previous investments embrace Coinbase, Acorns, Robinhood, Postmates (acquired by Uber), Whoop, Therabody, Extra time, and stakes in sports activities properties similar to Gotham FC, the Philadelphia Union, and the Premier Lacrosse League. The agency’s sister firm, Boardroom, handles media and content material on the intersection of sports activities, leisure, and enterprise.
This Six Flags redevelopment represents a larger-scale actual property play for 35V, transferring past early-stage startup investments into main property growth with a associate like TPA Group. It combines Durant’s roots within the DMV space along with his rising curiosity in creating long-term belongings in sports activities, leisure, and group areas. The undertaking suits the sample of Durant utilizing his platform to put money into tradition, sports activities, and native impression whereas constructing generational wealth by diversified holdings.
The undertaking remains to be in very early levels. Extra concrete particulars are anticipated after deliberate group engagement classes happen.
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