Hangzhou Bay Sunac Tourism City
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Six Flags Zhejiang is officially under construction and both the theme park itself and the adjacent waterpark, Six Flags Hurricane Harbor, will open in 2019

Even more details about Six Flags Haiyan:

The exhibition center is expected to open in *June* 2017.

Construction of the actual theme park itself will begin at the end of 2016 (it may have already started as of writing this)

Two construction images of the exhibition center (see link)

Source: http://jxhy.fccs.com/news/201608/5000197.shtml

Before Six Flags Haiyan opens in what is now said to be 2019, a "Zhejiang Six Flags International Resort Exhibition Center" is going to open in 2017 at or around the location where the actual theme park will be constructed. The exhibition center will feature, virtual reality, augmented reality and 3D experiences to give visitors the feel of being at a Six Flags theme park. Next to the exhibition center will be a 60-meter-high tower that acts as a sign for the exhibition center. Construction on the exhibition center began on August 1, 2016.

Renderings of the exhibition center:





Breaking ground on the exhibition center:





Source: http://m.8531.cn/news?id=413404

Google Earth was updated in February but only a very small amount of work has been done on clearing the site.



The only real changes I can see are in this area but luckily these images are a lot clearer than they were before.

Do we already have construction pics?

More news from the groundbreaking:

Hangzhou is located 177 kilometers southwest of Shanghai, and takes less than an hour on inter-city high-speed train to reach from Shanghai.

The first phase of the mixed-use development project will be a new exhibition center that will open this fall and provide visitors an interactive preview of the upcoming offerings.

Source:
http://www.chinamoneynetwork.com/2016/01/20/six-flags-broke-ground-on-first-theme-park-in-china

From the looks of the concept art and the information on the Six Flags site about the location I think it is this piece of land on Google Earth. The shape of the coastline and the building work that is already to the top left of the park looks right and it matches with the (not very precise) location on their website.

Google Earth Coastline and potential park location

Source: Google Earth

Location as shown on Six Flags Park website

Source: https://content.sixflags.com/haiyan/about-the-park/

Concept Art from Six Flags website showing coastline and road layout

Source: https://content.sixflags.com/haiyan/about-the-park/

Some pics from the groundbreaking:




I got this from the link below:
https://content.sixflags.com/haiyan/ground-breaking-ceremony/

We have the ground breaking ceremony in this website:
https://content.sixflags.com/haiyan/ground-breaking-ceremony/

It's on the Six Flags site, as well, now:
https://content.sixflags.com/haiyan/about-the-park/