Photo by Zach Behrens/LAist

Remember when there was that big freak out in the Santa Clarita Valley? Six Flags Magic Mountain was going to close and quite possibly become torn down for more housing. Not good. The "extreme" roller coaster theme park is the single largest employer in the area, it fills up the hotels with tourists, adding green to the local economy and hey, it's an institution of the little Valley that could (do a lot better than Simi).

Yesterday, Six Flags announced $14-million in improvements reports the Daily News:

"Once and for all, people will realize we're not selling the park today, we're not selling the park tomorrow," said Mark Shapiro, CEO of New York-based Six Flags.

No word if they plan on selling the park next Monday.

Other than adding a second Johnny Rockets restaurant, a magic tunnel of some sort and a cyber cafe (because surfing the internet is cool at roller coaster parks), the main additions will be Thomas Town (you know, for that cool train who talks to other cool trains, love it!) and the reopening of the craziest ride in the world -- X -- as X2: Xtreme to the Second Power, probably making it even more insane.

Magic Mountain looks to grow its customer base to include more families, "who tend to spend more on concessions once inside the park," making the operation much more financially viable for the company, and therefore, not a housing tract.