Cedar Point, the roller coaster capital of the world, has confirmed the Vulravn (dive coaster) is under construction and will be open next year. 

Cedar Point is a 365-acre amusement park located on a Lake Erie peninsula in Sandusky, Ohio. Opened in 1870, it's the second-oldest operating amusement park in the United States according to Wikipedia.

Cleveland.com reports the new addition to the park will be a dive coaster. Dive coasters are characterized by their wide trains, with up to 10 passengers abreast, and 90-degree first hills. There are only 2 dive coasters in the US. One is at Busch Gardens Tampa Bay in Florida, the other at Busch Gardens Williamsburg in Virginia.

CBS Detroit says: 

Riders on Valravn are carried more than 20 stories up to the top of the coaster’s 223-foot-tall first hill. Once there, the train is held perilously over the edge of the first drop for approximately four seconds, giving anxious guests unparalleled views of the park before free-falling a record 214 feet at a completely vertical, 90-degree angle, reaching a top speed of 75 miles per hour. Valravn then flips its passengers upside-down through a 165-foot-tall Immelmann, a fighter jet-like maneuver that takes the train into a half loop, then a half roll before traveling in the opposite direction. The train then approaches another drop zone – but there’s no stopping this time as riders plunge 125 feet down at a near-90-degree angle once again, twisting and turning upside-down two more times, once through a dive loop and then through a 270-degree roll before completing its epic journey over 3,415 feet of tarnished copper and silver steel track.

Valravn will crush 10 World Records when it opens next summer, including:

1. Tallest dive coaster (223 feet)

2. Fastest dive coaster (75 mph)

3. Longest dive coaster (3,415 feet)

4. Most inversions on a dive coaster (three)

5. Longest drop on a dive coaster (214 feet)

6. Highest inversion on a dive coaster (165 feet)

7. Most roller coasters taller than 200 feet at one amusement park (5)

8. Most rides at one amusement park (72)

9. Most steel roller coaster track at one amusement park (52,125 feet/9.9 miles)

10. Most roller coaster track at one amusement park (60,110 feet/11.4 miles)