The new ride is called Barnstormer and will have an open-top barn structure around the base of the ride (hence "Barnstormer")
It is sited in the Dougal McDougal's Farm area of the park, at the end of the path, opposite "Pony Trek" and will provide a focal point for the area for visitors walking along the path from Pirate Cove.
Well, the first section of the tower is up, with the second part temporarily chained to it!
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Loads of construction pics in the Loudoun Castle Vaults Gallery and a new article about the construction (as well as other goings on at Loudoun) here.
Also, the Loudoun Castle have kindly provided us with some drawings of how the finished ride will look:
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Should be a good season for the park this year!