On June 13, 2019, Cedar Fair entered an agreement to acquire two of Schlitterbahn's properties in Galveston and New Braunfels for $261 million.

[4] The deal, which closed in early July 2019, gave Cedar Fair the option to purchase Schlitterbahn Waterpark Kansas City for $6 million within 120 days of the transaction, which they declined to do.

Surfenberg was the first part of the expansion and had the world's first inland surfing ride, the Boogie Bahn, in 1992, created the first uphill water coaster, the Dragon Blaster in 1994.

The park features the most thrill rides of any of the Schlitterbahn parks and is home to the world's former record holder of the world's tallest water coaster, MASSIV, as it lost its record to Tsunami Surge at Hurricane Harbor Chicago at 86 feet tall.

[14] In May 2012, Schlitterbahn announced that it would move forward with plans to begin construction of a new water park in the Corpus Christi-Padre Island area.

[17] Schlitterbahn Corpus Christi opened on June 20, 2015, with a full-service restaurant, the Veranda, two kids' areas, the Krystal river system, the Sky Blaster, and the Aquaveyer.

Christened Schlitterbahn Riverpark - Corpus Christi, the park featured nearly two miles (3.2 km) of river and multiple blasters.

[clarification needed] In 2017, Padre's Plunge, a SkyTrans Manufacturing Shoot the Chute, opened in the southern end of the park.

This park featured four types of rivers,[clarification needed] two children's areas, a massive swim-up bar, a stage for concerts, a resort with several event spaces, and a full-service restaurant.

[22] The initial project would have used portions of the old stadium to construct a castle-like entrance to include lodging, dining and shopping facilities.

On March 29, 2017, federal U.S. District Judge Jose Martinez ruled against the City of Fort Lauderdale in the case stating they "did not follow their own charter" in awarding the property lease to Schlitterbahn without conducting a competitive bid process and declared the lease "invalid, null and void.