Kevin Durant-backed group unveils bold plans for Six Flags America redevelopment

A Kevin Durant-backed investment group has revealed ambitious plans to redevelop the former Six Flags America site in Maryland into a sprawling mixed-use destination featuring housing, retail, and entertainment venues.

On 12 July 2026, the group led by Kevin Durant’s Thirty Five Ventures announced a proposal to transform the 277-acre property in Upper Marlboro, Maryland. The project aims to include thousands of residential units, commercial spaces, and recreational facilities. Local officials confirmed the submission of the preliminary plan to Prince George’s County.

The site, which closed in 2023 after decades as a Six Flags theme park, has sat vacant for three years. Durant’s involvement marks a high-profile entry into real estate development, leveraging his off-court business ventures. The group’s proposal includes restoring roller coasters and adding new attractions to create a year-round destination.

This marks one of Durant’s largest off-court investments to date, expanding his portfolio beyond sports and media. Thirty Five Ventures, his investment firm, has focused on urban revitalization and tech startups, but this project signals a shift toward large-scale real estate.

For Prince George’s County, the redevelopment could bring thousands of jobs and millions in tax revenue. Durant’s name recognition could attract national retailers and entertainment brands to the struggling area. The plan also aligns with Maryland’s push to repurpose underused land near Washington, D.C.

Officials say the proposal stands out for its scale and community benefits. The group promises to preserve some of the park’s historic rides while adding modern amenities. If approved, construction could begin in 2027, with phases opening over a decade.

The next step is a public review process, including community meetings and environmental assessments. Prince George’s County planners will evaluate the proposal’s zoning compliance and infrastructure impact. The group must secure multiple permits before breaking ground.

Durant’s team has not disclosed the total investment amount, but local reports estimate it could exceed $1 billion. The plan includes a mix of affordable and market-rate housing, addressing the county’s chronic shortage. Retail spaces would target local businesses and national chains.

If approved, the redevelopment could redefine the region’s economy. The site’s proximity to D.C. and major highways makes it a prime location for mixed-use projects. Durant’s involvement could also inspire other athletes to invest in community-driven ventures.

Local leaders praised the proposal for its potential to transform the area. “This is a game-changer for Prince George’s County,” said County Executive Angela Alsobrooks. Residents, however, have raised concerns about traffic and affordability. The group plans to address these in upcoming forums.

The redevelopment would also include green spaces and public parks, aiming to balance commercial growth with livability. Durant’s firm has pledged to work closely with the community to refine the plan before final approval.