[3.17.25] Closed Jewish Community Center Water Park in Mequon Being Sold. Cobalt Partners to Redevelop Site (Milwaukee Journal-Sentinel)

A former Mequon water park is being sold to a local firm that plans to redevelop the property.

Cobalt Partners plans to buy the Hy & Richard Smith JCC Water Park from the Harry & Rose Samson Family Jewish Community Center.

The 6.5-acre water park, 11015 N. Market St., closed after the 2024 season because of financial constraints.

The purchase is to close by early June.

“Cobalt Partners has a reputation for working productively with municipalities and delivering positive outcomes, even when projects involve executional complexities,” said Mark Shapiro, Jewish Community Center president and CEO.

The water park operated with a six-figure deficit, according to the JCC. A lifeguard shortage and the COVID-19 pandemic's long-term economic impacts were factors in its financial problems.

Additional article published in the Milwaukee Business Journal

Cobalt Partners to redevelop former JCC water park in Mequon - Milwaukee Business Journal

Additional article published in the Ozaukee County News Graphic

Mequon’s JCC Water Park property sold | Ozaukee Co. Business News | gmtoday.com