The Six Flags corporation announced Thursday that it will be closing the amusement and water park in Maryland this fall. Six Flags America and Hurricane Harbor in Bowie will close Sunday, November 2, following the summer season. The 500-acre park will be sold for redevelopment as the company moves to optimize its portfolio, leaders said.

Six Flags announced that it will sell its property in Maryland to be redeveloped. The parks will remain open until November.

The nearly 500-acre site that houses Six Flags and the Hurricane Harbor water park will be sold for redevelopment. The company cited its long-term business outlook in the decision