NASHVILLE (AP) - Dolly Parton says she won't be involved in a planned water and snow park project in Nashville.

The country legend's withdrawal from the project comes after shareholders for Gaylord Entertainment, voted to reorganize the company as a real estate investment trust. The company was going to be a partner in the venture.

The park was touted as a $50 million venture and was projected to open as early as summer 2014.

Parton said Friday that "Gaylord makes decisions that they feel are good for their company and their stockholders and I have to make decisions based on what is best for me and the Dollywood Company."

Parton's Dollywood theme park and Splash Country water park in eastern Tennessee attract about 4 million visitors a year.