An icon for Des Moines summers is set to re-open by Memorial Day of 2013.
White Water University closed in 2005 after providing families a summer destination since 1980.
Owners of the park say it was retirement, and not finances that caused them to close the park.
In the past 7 years, both the City of Des Moines and Pleasant Hill have shown interest in buying White Water University. However, the park has remained in the family and owners will take another shot at operating it.
Jared Smith, an owner says the facility is structurally and mechanically sound but is in need of a major face-lift.
He didn't give an estimate on how much cosmetic repairs will cost, but says they will begin after the park hosts its "Haunted House" in October.
White Water University will face competition from aquatic centers in Clive and West Des Moines as well as Adventureland Park. Owners believe price and a wide variety of rides will attract visitors.
"Our facility is here, it's paid for, and there's no money owed on it. We feel we can run it a low operating cost and pass along the savings to the people who have missed it for so many years," said Smith.
When White Water University re-opens, it will include the mini golf course and go-kart track.
Admission will cost $10 with season passes costing $40.
For updates, check out the link to their Facebook page below.