Yes, as of March 2026, Six Flags New Orleans remains abandoned, though its fate is finally shifting. The park has been closed since August 2005, when it was devastated by Hurricane Katrina's floodwaters, which sat 4 to 7 feet deep for weeks, corroding the rides beyond repair. For nearly two decades, the site became a symbol of urban decay and a popular (though illegal) destination for "urban explorers" and film crews (used for Jurassic World and Dawn of the Planet of the Apes). However, in 2023, the City of New Orleans officially moved forward with a redevelopment plan led by Bayou Phoenix. The current 2026 status involves active site preparation and demolition of the unsalvageable structures to transform the 227-acre lot into a multi-use complex featuring a world-class film studio, a youth sports complex, a water park, and retail spaces. While the "spooky" abandoned roller coasters like the Mega Zeph are mostly gone or being dismantled, the site is finally transitioning from a wasteland into an economic hub.