Wild Waves Theme Park in Federal Way will close at the end of the 2026 season.

Oklahoma-based Premier Parks LLC, the park’s operator, made the announcement Dec. 10. The park will open for its last season on May 23, 2026, and will close to the public on Nov. 1, 2026.

“Unfortunately, the rising cost of ongoing operations since reopening after the Covid shutdown has generated millions in losses, which forces us to discontinue operations at the end of our 2026 season,” according to Kieran Burke, president and owner of Premier Parks.

Located on Enchanted Parkway South, the 70-acre theme park’s land is owned by Jeff Stock of EPI Realty Holdings Inc. In a prepared statement, Stock said the goal for the site is to plan “a project that will bring meaningful, lasting benefits to the area.”

“Plan

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