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New Construction-Related Theme Park is OPEN for Kids & Adults!

New Construction-Related Theme Park is OPEN for Kids & Adults!

FromReal Estate News: Real Estate Investing Podcast


New Construction-Related Theme Park is OPEN for Kids & Adults!

FromReal Estate News: Real Estate Investing Podcast

ratings:
Length:
4 minutes
Released:
Mar 31, 2022
Format:
Podcast episode

Description

New Construction-Related Theme Park is OPEN for Kids & Adults!A new theme park has opened in Texas that might help get kids, and adults, interested in the construction industry. It’s called “Dig World” in Katy, Texas, just west of Houston near Interstate 10. It’s designed to provide a real world experience with full-size construction machinery that you see at job sites.Hi, I'm Kathy Fettke and this is Real Estate News for Investors. If you like our podcast, please subscribe and leave us a review.Dig World opened its doors on March 17th, and provides 3-and-a-half acres of construction-related activities. (1) According to Dig World, it’s “designed to safely provide a hand-on experience for both children and adults in operating heavy equipment.” That includes: full-size Caterpillar Mini-Excavatprs, Skid Steers, and UTVs. What’s a Skid Steer?Okay, I had to look a few of them up! Bigrentz defined a skid steer as “a small, versatile piece of construction equipment used primarily for digging. It’s light and maneuverable, and its arms can attach to a range of tools for various construction and landscaping jobs.” (2) I would say they look kind of like a tractor but more industrial. Or maybe a trip to Dig World would clear up any confusion!What’s a UTV?UTV stands for Utility Terrain Vehicle, as opposed to an All Terrain Vehicle. Nationwide.com says they are “built and used more for work than recreation. They are large, powerful, able to seat passengers side-by-side, and built with lots of storage space. They’re commonly used to haul equipment and supplies in locations that make using a truck impractical or impossible.” (3) So you are basically driving an oversized ATV with room for your friends, and whatever else you need to take with you!Some of Dig World’s other attractions include a gem mining station, a playground, and a turf field where visitors can play various games, like Cornhole. Founder, Jacob Robinson told Construction Dive that he was inspired to build the park by his sons who love dump trucks and other construction equipment. (4)He partnered with Texas A&M’s Department of Construction Science to create this immersive learning experience. The park is also designed to sync up with the university’s curriculum and host students on field trips.Park Safety FeaturesThe company has incorporated various safety features to ensure the public’s safety. Dig World’s website says: “We require seat belts to be engaged before any machine operation can occur. The speeds on drivable machines have been governed, and other equipment utilizes hydraulic limitations to reduce total movement.”Dig World isn’t the only construction adventure park in the U.S. Construction Dive mentioned a few others including Diggerland USA in New Jersey, Dig This in Las Vegas and Extreme Sandbox in Minnesota and North Texas.But you may soon have access to several Dig World locations. The company says it plans to build ten parks throughout the nation over the next few years. It says the goal is to “create 10 million smiles along the way!”If you’d like to read more about Dig World, you’ll find links in the show notes at newsforinvestors.comAlso, please remember to hit the subscribe button, and leave a review!You can also join our real estate investor network for free at newsforinvestors.com. That gives you access to the Investor Portal where you’ll find information on rental markets and sample property pro-formas. You can also connect with our experienced investment counselors, property teams, lenders, 1031 exchange facilitators, attorneys, CPAs and more.Thanks for listening. I'm Kathy Fettke...Show Notes link: https://www.newsforinvestors.comJoin link: https://join.realwealth.com/?utm_content=Real%20Estate%20News%20Podcast&utm_campaign=Join%20for%20Free&utm_term=Description%20Text%20LinkSubscribe link: https://podcasts.apple.com/us/podcast/real-estate-news-real-estate-investing-podcast/id1079952715Links:1 - https://www.prnewswire.com/news-releases/first-texas-constru
Released:
Mar 31, 2022
Format:
Podcast episode

Titles in the series (100)

Don’t get caught off guard by market crashes that can take all your money down with them. And don’t miss out on markets where you can build wealth practically overnight. Real Estate News for Investors with Kathy Fettke is the premiere source for savvy real estate investors who want the edge. Stay up-to-date on new laws, regulations, and economic events that affect real estate. Topics include: market trends, economic analysis that affects housing prices, updates on the best rental markets for investing in single-family rentals or multi-unit rentals, turn-key housing standards, the fate of the highly revered 1031 exchange and other tax law affecting investors, self-directed IRA investing and 401k changes, where rents and property values are rising or falling, flipping risks, new Dodd-Frank rules regarding private lending and financing standards, areas with job losses vs job growth, areas that are overbuilt or over-supplied versus areas with low supply and high demand, and how to avoid real estate scams. We'll bring you the latest reports from organizations like the National Association of Realtors, Realty Trac, Fannie Mae, Freddie Mac, Zillow, Trulia, Redfin, Rent Range, Property Radar, the Norris Group, Peter Schiff, Robert Kiyosaki’s Rich Dad, Suse Orman, Bigger Pockets, Dave Ramsey and more. And we'll help you interpret the data in terms that make sense for your real estate goals, and portfolio. Grow and protect your wealth by staying on the forefront of economic data analysis, expert opinions, innovative investing strategies and profitable investment opportunities. We'll share all the top real estate news stories and the best trade secrets investors should know, so you can stay ahead of the curve and make fully informed real estate decisions. Host Kathy Fettke is Co-CEO of the Real Wealth Network, author of Retire Rich with Rentals and host of the Real Wealth Show on iTunes. She brings decades of media and real estate investing experience, offers her own viewpoints on particular topics, and taps into her network of real estate experts for real world news updates created just for investors like you. Get the real news on real estate on The Real Estate News For Investors Show!