Katy’s Typhoon Texas owners to take over Austin water park operations

The owners of Typhoon Texas in Katy are in line to take over operations at a water park in the Austin area and make it profitable.

The Pflugerville City Council voted Dec. 15 for the management change at the Hawaiian Falls water park in Pflugerville, which is north of Austin. Negotiations are ongoing.

The move comes after news broke that the previous operator, Source Horizons LLC, had recently missed three loan payments to the city and the Pflugerville Community Development Corp. for a total of nearly $400,000.

PCDC Executive Director Amy Madison said Typhoon Texas owners have committed $4.5 million for renovations and other changes, according to the Austin American-Statesman.

“We’ve been looking at options throughout the year, and when Hawaiian Falls realized they wouldn’t have a profitable operation and we were unhappy, they teamed up with us to help,” Madison told the Statesman.

Hawaiian Falls is closed for winter and is expected to reopen in May. Typhoon Texas plans to honor previously purchased season passes at Hawaiian Falls, according to its website.

Among the changes at Hawaiian Falls planned by the Typhoon Texas owners are free parking and no fees for bringing coolers into the water park, according to the Statesman.

Typhoon Texas is a 25-acre water park that opened earlier this year at 555 Katy Fort Bend Rd., less than a mile away from Katy Mills Mall and off of Interstate 10. The owners are Ray DeLaughter, CFO of Austin-based VantageCFO; Keith Dalton, CEO of Houston-based KDW Ltd.; and Terry Hlavinka of East Bernard, Texas-based Hlavinka Equipment Co. Click here to tour it and to watch a video of the park.

Will Anderson, Digital Editor Austin Business Journal, 12/19/16, bizjournals.com/houson