Valleyfair is a amusement park in Shakopee, Minnesota, United States. Owned by EPR Properties and operated by Enchanted Parks, the park opened in 1976 and features over 40 rides including eight roller coasters and an included water park named Superior Shores.
Cedar Point and Valleyfair were the first two parks in the Cedar Fair chain and a combination of the park names – "cedar" and "fair" – were used to name the original company. Cedar Fair merged into Six Flags in 2024, with the new company selling the park to EPR Properties in 2026.
History
thumb|left|The entrance gate in 2025
thumb|right|200px|Former logo used until 2007
Valleyfair opened on May 25, 1976, featuring 20 rides and attractions on , with the roller coaster High Roller being the main attraction. The carousel in the park came from Excelsior Amusement Park which was closed in 1973. It is the oldest ride in the park. In 1978 in an effort to increase investment capital for continued park expansion, Valleyfair was acquired by Cedar Point in Sandusky, Ohio. Five years later, Cedar Fair Limited Partnership was formed as the parent company for Cedar Point and Valleyfair (the name being derived from the names of both properties). Since 1976, Valleyfair has invested over $96 million into the park, and today the park has over 75 attractions on of land.
A height restriction was imposed in 2000 with the building of the Power Tower. After negotiations with the FAA and the nearby Flying Cloud Airport, the FAA restricted the building height of the Power Tower at due to its proximity to the airport. Power Tower's original plan was to be a height of and to take riders to .
Valleyfair did not open for the 2020 season because of the COVID-19 pandemic in the United States, although it was reopened for the 2021 season.
On July 1, 2024, a merger of equals between Cedar Fair and Six Flags was completed, creating Six Flags Entertainment Corporation. This officially retired the Cedar Fair branding that was partially derived from Valleyfair. On March 5, 2026, Six Flags announced it would sell Valleyfair as part of a $331 million sale of seven parks in total to EPR Properties. Completed on April 6, 2026, the new operator of Valleyfair is Enchanted Parks. Valleyfair will retain its branding for the rest of 2026.
As the park is located on the banks of the Minnesota River, flooding can become an issue during the springtime months before the park usually opens (or when the park is open for the season), notably in 1988, 1993, 1997, 2014, 2018, 2019, and 2024. Excalibur and Thunder Canyon are built outside of a pre-existing river dike, and were built with this flooding potential in mind.