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Luna Park is an amusement park located on the foreshore of Port Phillip Bay in St Kilda, Victoria, which is a suburb of Melbourne, Australia. It opened in 1912 and has been operating since. It is one of two Luna Parks in Australia, the other being the younger Australian icon on Sydney Harbour. The iconic "smiley mouth" gateway (1912), the Scenic Railway (the oldest continually-operating roller coaster in the world) and the restored carousel (1913) are all heritage registered. The park remains popular with young children and their parents who have fond memories of the park from their youth. Melbourne transport magnate Lindsay Fox bought Luna Park in early 2005, pledging to restore it to the glory he remembers from his 1940s youth, spent in nearby Windsor. Since the multi-million dollar purchase in early 2006, there have been no major renovations. The park's beachfront site (along with the neighbouring Palais Theatre & Palace nightclub), known as the 'Triangle Site' is being sold by the City of Port Phillip and has been the subject of many proposals, including one from the Luna Park owner Lindsay Fox.
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