Eventually, it would feature three roller coasters, flying cages, a Ferris wheel, a carousel, a Tumble Bug, a ballroom, and many other rides.

[1] Chippewa Lake was acquired by Continental Business Enterprises in 1969, and the company developed plans to transform the park into more of a summer resort.

The park closed in 1978 - its centennial season - under the company's ownership, owing to factors like competition from nearby Cedar Point and the now defunct Geauga Lake, as well as the decline of steel and rubber production in the surrounding areas.

By the 2000s, large trees began growing through rides like the roller coaster and Ferris Wheel, and several buildings had collapsed or been damaged by the effects of the elements.

These included the roller coaster, the Wild Mouse, the Little Dipper, the Tumble Bug, and the frames of the Ferris Wheel and Flying Cages.

In 2008, 30 years after the park's closure, the land it stood on was offered up for sale with an asking price of $3.5 million, and, according to the realtor's website, was sold.

[6] On September 9, 2008, Chippewa Partners LLC announced plans for a development on the site called "Chippewa Landing" which was planned to include a hotel and spa, fitness center, restaurants, a conference and music center, small shops, and other entertainment venues, that was expected to be completed sometime in 2010.

As of April 18, 2012, the Chippewa Partners LLC's aforementioned plans for the site have been scrapped due to a lawsuit, and the property went into foreclosure.

In October 2013, an organization called Flying Cages stated their intention to attract investors to contribute to making the site an outdoor entertainment venue.

[15] As of June 2024, the Ferris Wheel, the Little Dipper, the Flying Cages, and the Tumble Bug are still standing, along with sections of the train track and the remains of the ballroom and other structures.

The Tumble Bug cars were removed and set aside, including one outside the fence, along with the gear lift mechanism to the roller coaster and some barrels.