Best Financial Black Hole (2008)

Jungle Island

It was bad enough for the poor people of Miami when in January last year, Parrot Jungle Island was renamed Jungle Island in a desperate effort to attract more visitors. Parrots, it seems, are not as exciting as jungles alone. Unfortunately, that didn't work. At least not so far. Since moving to Watson Island in 2003, the attraction has failed to bring in dollars and, consequently, long ago stopped paying off the $25 million federal loan that was secured to move it there in the first place. In 2006, the City of Miami reluctantly agreed to take on 80 percent of the financial burden. But the Jungle has proven itself a remarkably un-public place. Through-the-roof admission prices (adults pay $27.95 per ticket; children older than two cost $22.95 — that's more than $100 for a family of four) have helped ensure the Island remains a destination mostly for opulent private meetings, private conferences, and gala dinners. The park is open 365 days a year from 10 a.m. to 6 p.m. Parking costs $7. Have fun!

Location Details

1111 Parrot Jungle Trail
Miami FL 33132
305-400-7000

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