From when I’ve been to the park, from what I can see, the red shows the areas of track currently removed. And based off to site plans, the blue is the new proposed connection for the track. It appears that the left red track will be no more, therefore the loop behind blue lagoon is no more. Based off this, the train will be kept in its current position for quite some time until they build a new maintenance/storage shed and it won’t be operating again until the new track is installed. I doubt we will be seeing the train in operation until the end of the year.
That also means the Rocky Hollow station will be no more and they have all this land for future attractions