On February 9, 1998, Intrawest announced the purchase of the majority of the Vernon Valley/Great Gorge ski area, including the Action Park property. After a massive overhaul, which included revamping rides and removing attractions deemed either outright unsafe or inappropriate relative to Intrawest's vision, the water park was reopened as Mountain Creek Waterpark. In 2010, the Mountain Creek ski area and waterpark was sold to a group led by Eugene Mulvihill, the former owner of Vernon Valley/Great Gorge and the owner of the adjacent Crystal Springs Resort. It was under the new ownership that the name of the water park was changed back to Action Park in 2014. Two years later, the name was reverted to Mountain Creek Waterpark.