The Price of Progress - Developers Buy Ocean Opry

It’s been a landmark for country and gospel music fans for almost three decades. Get ready to say goodbye this year to Ocean Opry.

The Rader family has sold out to developers who plan a 25-acre upscale residential community on the site.

This will be the last season for Panama City Beach's Ocean Opry. Wayne Rader and his family have owned the Front Beach Road thousand-seat theater for almost 28 years.

"We came here with a dream 28 years ago to build something we could have a future in. My family has always been a very talented family and I'm very proud of them. Two are already in Nashville working with big stars."

Over the years there have been over 5,000 shows at Ocean Opry.

What's next for the family? The shows will continue through the spring and summer season. Then they' be closing the doors. They still plan to perform in local events and special shows in the community.

There’s no official count, but estimates place the number of visitors to the facility in the past 28 years at well over one million.