I'm kind of sad. The Fun Zone (looks like that link is already dead. If you want, you can read about the area right here.) is pretty run down and all, but it's a real genuine piece of Americana that they're removing.
An artists rendition of the finished construction (at least the ferris wheel stays):
NEWPORT BEACH - With a "salute to the past and a nod to the future," officials at the Newport Harbor Nautical Museum have settled on designs for their new home at the Balboa Fun Zone, a remodel they say offers a classic feel while helping revitalize the peninsula.
...The museum bought the Fun Zone last year for $14 million, and remodeling will cost $6 million more.
Hey you Nautical Musuem bastards...why do you need a $5 donation from me to enter your "freemuseumm" if you have 20 million dollars squirreled away?
P.S. In the middle of reading The Fountainhead, and this "salute to the past, nod to the future crap" is indeed irritating.