Kevin Durant’s 35V Creates Joint Venture and Enters into Purchase Agreement to Acquire and Reimagine 515-Acre Former Six Flags Site in Prince George’s County, Md.
BOWIE, MD, April 8, 2026 — A joint venture between 35V, the investment firm co-founded by Prince George’s County native and basketball superstar Kevin Durant and Rich Kleiman, and Atlanta-based TPA Group, has been selected by Six Flags Entertainment Corporation (NYSE: FUN) as the buyer and future steward of a 515-acre site in Prince George’s County.
This milestone marks a pivotal step forward for the property and the broader Prince George’s County community. The selection follows a comprehensive process to identify a development team with the experience, long-term vision, and commitment to community partnership necessary to guide the site’s next chapter.
The Joint Venture brings a shared focus on responsible, community-centered investment, and a proven track record of executing complex, large-scale projects. Together, they are committed to unlocking the massive potential of the site, while working collaboratively with local and state leaders, residents, and other community stakeholders to ensure the future of the site reflects the priorities and aspirations of Prince George’s County.
Durant Family Foundation President Wanda Durant, a Prince George’s County native, will serve as an advocate for community interests in the project, helping to ensure that community voices remain central as plans for the site come together.
Executive Commentary
Rich Kleiman, Co-Founder, 35V
"We have been invested in the Prince George’s County community for many years, and to be able to build something that combines scale with real impact was an opportunity we couldn’t pass up. We’re looking forward to working with our partners at TPA and the entire community to create positive economic opportunity for the region.”
Wanda Durant, President, Durant Family Foundation
"This land represents decades of memories for families across the region. As we look ahead, it’s essential that what comes next honors that legacy by creating new opportunities for residents—especially young people—and strengthens the community for years to come. We are excited to be part of the next chapter of Prince George’s County."
John Reilly, President & Chief Executive Officer, Six Flags
"After a thorough selection process, we are pleased to name 35V and TPA Group as the future stewards of this significant property. Their combined vision for the site is compelling, and we are confident that their expertise will create lasting value for the region. This agreement reflects Six Flags’ disciplined approach to portfolio optimization and allows us to continue focusing on our core portfolio while ensuring this land remains a cornerstone of economic opportunity for the community."
Aisha Braveboy, Prince George’s County Executive
"We are thrilled to welcome 35V and TPA Group as partners in shaping the future of this site. Their emphasis on collaboration and community impact aligns with our goals for sustainable economic growth and community enrichment. We look forward to working together to ensure this redevelopment delivers meaningful benefits to our residents for generations to come."
About 35V
35V is the family office co-founded by Kevin Durant and Rich Kleiman in 2016. The business encompasses a range of interests including investments, philanthropy, sports, and media.
About TPA Group
TPA Group is an Atlanta-based private real estate investment and development firm. With a focus on delivering high-quality commercial projects, TPA has a proven track record of managing complex and large-scale developments across the United States.
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