On February 22, 2004, Adventure Parks Group, owned by Kent Buescher, bought the property and renamed it Cypress Gardens Adventure Park. The purchase of the amusement park portion of the Cypress Gardens property was part of a larger conservation agreement. In that agreement, the entire site was bought from its previous owner, First Gardens, L.C., by The Trust for Public Land, a nation wide conservation group . TPL then sold a conservation access over the entire property to the state of Florida, while Polk County purchased the gardens portion of the property, less the development rights conveyed in the state agreement. Adventure Parks Group purchased the balance of the property, also subject to the conservation agreement.