Jacksonville-based Gate Petroleum is joining the redevelopment of the former Adventure Landing site in St. Augustine, purchasing a portion of the 7.1-acre property July 24 for $2.1 million.
Gate confirmed it has plans for a Gate Express Car Wash. There is no development timeline, a spokesperson said, but the purchase and planned use identify an end user for a more comprehensive redevelopment effort underway at the former amusement park site at 2780 Florida 16.
The amusement park closed April 12 after being sold for $3.6 million to a consortium of Alabama and Georgia real estate firms, including M&D Property LLC, IE Property Group LLC and Jones Properties SA LLC.
St. Johns County is reviewing plans to demolish the park and redevelop the property. A commercial application and site plan call for replacing the park with five outparcels, improved shared access, a new parking layout, utilities and upgraded stormwater management.
Jacksonville-based Foresite Group is the civil engineer on the project. The St. Johns County Development Review Committee discussed the project’s commercial application as part of the permit review process July 1. There is no progress on record since then.
NRP Lease Holdings LLC, which operated the park, confirmed the permanent closure in an April 7 social media post, citing a lease that was not renewed.
Developers have targeted the high-traffic Florida 16 parcel before. On Oct. 1, 2025, the St. Johns River Water Management District reviewed an application to demolish the park for commercial redevelopment, although that application ultimately closed without a permit being issued.
The St. Augustine location was the last surviving Adventure Landing in Northeast Florida.
The regional franchise’s flagship in Jacksonville Beach, which featured the Shipwreck Island Water Park, closed Oct. 15, 2025. That closure followed years of lease extensions and redevelopment negotiations with Trevato Development Group, which is converting the Beach Boulevard site into a 427-unit apartment complex. A separate Blanding Boulevard site on Jacksonville’s Westside closed in 2021.