On August 25, 2020, it was announced that PulteGroup, a home construction company, would be building a housing development on the site of the Wildwater Kingdom parking lot. PulteGroup acquired the 245 acre portion of the property that is in the city limits of Aurora, Ohio for $2 million. The development, known as Renaissance Park at Geauga Lake, would include street names like "Carousel Court" and "Dipper Way" to pay tribute to former Geauga Lake attractions. PulteGroup said that homes will be available for sale by March 2021. In October 2020, developer Industrial Commercial Properties bought the remaining 377 acres of the property with plans to build homes, restaurants, and retail establishments there.